Co-living – a form of living where get a private bedroom with shared common areas – has unsurprisingly contracted in most countries this year. Outside China the market has contracted by between -5% and -30%, according to the Global Coliving Report – 2020 from TheHouseMonk, a software compny based in Bengaluru, India. The market held […]
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Sangita Manek is a partner in the dispute resolution team at Blaser Mills Law Throughout the current crisis, many residential tenants have been unable to pay their rent in full and have found themselves in substantial arrears, and the government has urged landlords to show support and understanding for any tenants facing hardship. You have […]
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Between the 25th and 31st December Yes Homebuyers witnessed 40 transactions in Greater London, the most out of any region. This was followed by Hampshire and the West Midlands (both 10%). Matthew Cooper, founder managing director of Yes Homebuyers, said: “The home selling process is a lengthy one and even in regular market conditions, it […]
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Spanish property owners have been warned to apply for residency before the end of the year to enjoy the same benefits as other EU citizens in Spain. From 2021, UK owners of property in Spain will only be able to spend up to 90 days in country over a 180-day period, thanks to Britain’s decision […]
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After Christmas a Private Member’s Bill in will go through its second reading in parliament, which aims to restrict the right of landlords or their agents to include ‘no pets’ policies in the UK. Whether or not this bill comes to anything I’m pleased the issue is being highlighted, because in my time as a […]
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In 2020 London leavers purchased 73,950 homes outside the capital, the highest number in four years, Hamptons research has found. There has been a clear increase in the popularity of London outmigration since the onset of Covid-19. In the first half of 2020, London leavers bought 6.9% of homes sold outside the capital, equating to […]
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The first selection of homes at a housing development in Wingerworth will be released for sale in the new year, with construction well underway on site. Ashberry Homes is building 80 new homes at Mill Fields, off Mill Lane, Wingerworth, including 12 homes to be provided as affordable housing for local people. Steve Smith, sales […]
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Schroder Real Estate Investment Trust has acquired Stanley Green Trading Estate with an adjoining development site in Cheadle, South Manchester, for a total of £17.25m. The estate comprises approximately 150,000 sq ft of warehouse accommodation across 14 units on a nine acre site and is let to 13 tenants, generating a total contracted rent of […]
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The furlough scheme has been extended by an additional month to the end of April 2021. The government said the move was to ensure firms can access the support they need through continuing economic disruption. Chancellor Rishi Sunak also confirmed he would be extending the government-guaranteed Covid-19 business loan schemes until the end of March. […]
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The number of tenants experiencing rent increases fell for the third month in a row in November, the ARLA Propertymark November Private Rented Sector (PRS) report has revealed. Just 28% of agents saw landlords increase rents, compared to 37% in October and 40% in September. Mark Hayward, chief policy adviser, Propertymark, said: “The consistency in […]
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