UK households used 15% more heating in March 2020 than the corresponding month last year, tado research found. More homes were occupied in the day due to the coronavirus lockdown, while an average outdoor temperature of 1°C also had an impact. An average UK annual dual fuel heating bill comes in at approximately £1,200, with […]
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Developer Peabody is launching Stonelea Gardens online on Tuesday 21 April, a development located in Leyton in East London. Properties will be available to buy with shared ownership, while potential buyers can choose a suitable time and day to take an interactive virtual tour of the apartments. Andrew Peglau, assistant director of marketing at Peabody, […]
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The government is in talks with housebuilders about extending the Help to Buy scheme beyond April 2021. The Home Builders Federation, whose members deliver around 80% of new homes per year, is reportedly liaising with the government about a possible extension. The COVID-19 lockdown will prevent the construction of around 200,000 new homes according to […]
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Estate and letting agents need the government to extend the Coronavirus Job Retention Scheme past the end of May for the sake of their livelihoods. That was the warning from Jon Cooke, group chief executive of epropservices, parent of The Guild and Fine & Country. Cooke said: “With a large number of staff furloughed and […]
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Housebuilder Crest Nicholson has introduced Home Reach, its first part buy-part rent ownership option. The programme has been launched with heylo, which specialises in part buy-part rent, and is now available on some homes and developments. Shared ownership is a part-buy, part-rent process that allows buyers to purchase a share in a property, with the […]
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Agent Online Services has is now offering estate agents a remote back office proposition for £51 plus VAT per month per property. This includes answering all portal calls and emails from potential buyers, arrangement of viewings as permitted, whether face-to-face or virtual; management of offers in conjunction with the agent; sending out of heads of […]
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One in nine UK mortgages are subject to a payment holiday due to the impact of coronavirus, UK Finance has revealed. The number of mortgage payment holidays in place trebled in the two weeks between 25 March and 8 April, growing from 392,130 to 1,240,680. Lenders announced they would support customers who were facing financial […]
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Three quarters (73%) of landlords are worried their tenants will not be able to pay all or part of the rent, research consultancy Opinium found. Meanwhile 70% of landlords are concerned that their tenants will vacate, leaving them with an empty property. David Cox, chief executive, ARLA Propertymark, said: “It’s worrying to see that the […]
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Three quarters (75%) of people who were at the early stages of moving before the pandemic still want to move house as soon as possible, with a further 18% hoping to do so by the end of the year. Research from reallymoving found that most (62%) want to use the lockdown period to get as […]
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Worryingly 40% of renters are seeing their ability to pay rent hit by the coronavirus crisis, a poll conducted by ideal flatmate reveals. Not being able to keep up with rental payments is the number one concern of current tenants, with the ability to pay council tax, financial instability and ‘survival’ also being cited as […]
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