UK Proptech businesses to watch out for in 2021


2020 was a big year for technology and the housing market, given that everyone was forced to work remotely. In this environment we’ve seen some proptech businesses come to the fore. Here, we round up some of the key ones from this year. Moda Living – build-to-rent specialist Moda Living is a build-to-rent developer that’s […]

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Fewer tenants in arears but things could worsen


The proportion of tenants in arrears dropped to 11.8% in October November, down from 12.2% in August, Payprop data shows. The number of tenants in arrears spiked during September, to 15.1%, although this remains below the 2020 peak of 15.5% recorded in May. Neil Cobbold, chief sales officer at PayProp, said: “The general downward trend […]

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Three ways Brexit could impact the property market


Jonathan Christie is the chief executive and co-founder of The Property Buying Company – a cash buyer of property, led by a team with over 50 years’ experience in purchasing homes. Throughout his career, Jonathan has completed on over 3000 properties, and set up a roster of sister brands focused on property sales, investments and […]

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CBRE: Real estate investment to recover in 2021


Commercial real estate investment will increase by 30% in 2021, CBRE’s 2021 UK Real Estate Market Outlook forecast. Investment is expected to total £37bn in 2020, which should rise to £48bn in 2021. Despite the current challenges of Brexit, CBRE predicted that it will rapidly fall away as the biggest source of change and uncertainty […]

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HMRC: More properties change hands than last year


There were 19.3% more residential property transactions in November 2020 compared to the same period the year before, HMRC data found. There were 115,190 seasonally adjusted transactions last month, up from 96,570 in November 2020. The number of properties changing hands also rose by 8.6% from October 2020. Anna Clare Harper, chief executive of asset […]

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Hope Capital joins Optimum ELITE panel


Hope Capital has joined the Optimum ELITE lending panel to provide bridging finance to brokers and their clients. In addition to joining the panel, Hope Capital and Optimum ELITE have combined their expertise to complete their first deal. The property situated in Ashford, required a loan of £227,269. Hope Capital offered a 73.3% LTV bridging […]

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Limited company buy-to-let is an underserved market


Nudim Akhtar is a Mortgage Specialist at broker Contractor Mortgages Direct Limited company buy-to-let has become a key part of the market for landlords. As the government gradually removed mortgage income tax relief for higher rate taxpayers between 2017 and 2020, limited company buy-to-let became an increasingly prominent part of the market. Landlords are usually […]

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Landlords ‘discriminating’ against people on benefits via property websites


Two property websites have been accused of aiding landlord discrimination against people on benefits, a BBC investigation found. Eight out of 10 listings on SpareRoom and OpenRent reportedly said that people on benefits won’t be considered as tenant, with phrases like “No DSS” or “professionals only”. In July 2020 a judge ruled that blanket bans […]

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