In the past decade Harlow in Essex has recorded the highest house price growth, CashLady analysis of Land Registry data has found. Over the period prices have risen by 74.92% in Harlow, followed by Southend-on-Sea (74.85%), Watford (74.75%), Thurrock (73.20%) and Cambridge (73.03%). In December 2019 prices in Harlow averaged at £290,068, up from £165,829 […]
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More agents are likely to go to self-employed after the lockdown despite them being less protected by government measures, according to Nicky Stevenson, head of the Fine & Country Associate platform. While the government launched a package to help self-employed people affected by COVID-19 not everyone can claim on the scheme, including those who started […]
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Equity release customers can temporarily receive advice remotely following a change of rules from industry body the Equity Release Council. Following the rule change there are multiple mandatory contact points between the solicitor and customer before committing to take out an equity release plan. It involves a combination of written advice and documented video or […]
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Smart Search has unveiled money laundering cover designed for businesses operating remotely over the coming months. Businesses in property, legal and financial services commonly need to run ID and verification checks on customers – and they are no longer able to do that in person. John Dobson, chief executive at SmartSearch, said: “It is really […]
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I spoke to Simon Pelling last week, the director of an online agent that primarily caters for non-doms living in Spain. He highlighted an interesting point – before COVID-19 was on everyone’s lips people were looking to get deals over the line before the Brexit deadline at the end of the year. However, both buyers […]
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More support is needed for those running small businesses who fall between the gap in schemes to support employees and the self-employed, the Federation of Master Builders (FMB) has stated in a letter to Chancellor Rishi Sunak (pictured). A survey of 589 FMB members, which comprise of small and medium sized builder companies, found that […]
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Ian Larkin, chief executive of broker Trussle, said now is the time for the mortgage industry to automate more of the home financing journey after the disruption caused by coronavirus. He noted that the buyers’ market has gone into shutdown as people are no longer allowed out to view houses, lenders are withdrawing their products, […]
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Luxury bungalow provider RoyaleLife is offering 21 lodges to National Health Service (NHS) workers in Rutland for free during the COVID-19 pandemic. After reports that more than 20,000 extra staff have joined the NHS to help fight the disease, the provider has pledged to supply 21 of its 2-to-3-bedroom holiday lodges from its sister company […]
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Russell Gould is an ecommerce specialist, chief executive of Vesta, advisor to fintech and proptech start-ups and is a mentor for Cambridge Judge Business School’s Masters in Entrepreneurship The global property market is facing unprecedented challenges as it battles against the consequences of social policies aimed at reducing COVID-19 infections. In the UK, physical viewings […]
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Aldermore is still offering buy-to-let products up to 75% loan-to-value, as well as residential purchase and remortgage products to 85% LTV. The bank said the change will allow it to focus on supporting existing customers Jon Cooper, head of mortgage distribution, Aldermore, said: “It has been an extraordinary few weeks for the industry and the […]
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