Agency collapses owing £1.3M

An investigation is underway into a lettings agency which has gone into liquidation owing almost £500,000 in rent to landlords and in debt to a total £1.3m. Local media in the Midlands report that Homepoint – with branches in Wolverhampton, Stourbridge, Walsall and...

Rents up over 20% a year in West Midlands

An upbeat market snapshot for the lettings sector claims that one region of the UK has seen rent increases in excess of 20 per cent a year. The Home website’s latest index shows year-on-year average rent growth reaching 20.5 per cent in the West Midlands. The south...