Buyers are typically willing to pay £4,000 more for a property with an en-suite bathroom, a survey commissioned by Mira Showers found. When it comes to where the bathroom is situated within a property, almost half (49%) of buyers would offer less if the bathroom was only accessible via the kitchen. They’d typically pay around […]
The post Adding an en-suite increases property value by £4,000 appeared first on PropertyWire.
Commercial landlords are increasingly concerned about the economic impact of the coronavirus pandemic on their tenants and property portfolio, Paul Hinchliffe, commercial property solicitor at Nelsons said. Hinchliffe has been approached by landlords asking for advice on how they can balance their own books while their tenants are struggling due to enforced closures. He said: […]
The post Commercial landlords worried about economic impact of Covid-19 appeared first on PropertyWire.
Lettings platform PlanetRent will now allow landlords to forgo the normal deposit after partnering with Reposit. Instead of paying a deposit, renters can purchase a so-called ‘reposit’, which costs one week’s rent as a service fee. Reposit offers property protection of 8 weeks to PlanetRent landlords Mary-Anne Bowring, group managing director at Ringley and creator […]
The post PlanetRent partners with Reposit to offer tenants reduced deposits appeared first on PropertyWire.
Mortgage lenders are resuming physical valuations in England following a loosening of lockdown restrictions. Paragon and Bank of Ireland UK have restarted physical valuations, while Virgin Money and Clydesdale Bank will follow suit next week. Aldermore Bank restarted valuations for residential applications this week – physical valuations for buy-to-let are set to happen again shortly. […]
The post Lenders resume physical valuations in England appeared first on PropertyWire.
David Hannah, founder and principal consultant, Cornerstone Tax One in six property buyers in the UK could be overpaying on stamp duty land tax (SDLT). Cornerstone Tax, which specialises in helping people claim SDLT refunds from HMRC, knows that the number of people who realise an overpayment is much lower. In the current environment, this […]
The post Stamp duty: The UK’s long ignored tax scandal appeared first on PropertyWire.
Leeds Building Society and Countrywide are looking to complete outstanding valuations on mortgage applications as physical property inspections in England resume. The society was able to progress valuations in almost three-quarters of mortgage applications, despite the pandemic lockdown’s impact on the property market. Leeds began booking appointments for physical valuations on the remainder of cases […]
The post Leeds BS and Countrywide work to complete valuations appeared first on PropertyWire.
There’s been a 50% increase in enquiries for pet friendly properties as a result of the pandemic, proptech rental service Home Made has found. As a result, it may be profitable for landlords to make their properties available to those with pets, despite the wear and tear that can cause. Asaf Navot, founder of Home […]
The post Demand for pet friendly properties on the rise appeared first on PropertyWire.
Virgin Money and Clydesdale Bank will launch a wider product range next week, which will include residential mortgages up to 90% LTV and buy-to-lets to 80% LTV. The limits on loan sizes will also be removed, as the lender will once again offer large loans, shared ownership, professional and new build products. Physical valuations will […]
The post Virgin and Clydesdale to relaunch products next week appeared first on PropertyWire.
SDL Auctions is hosting another virtual event next Thursday 28th. City flats, coastal retreats and rural family homes all over the country, from Scotland down to Cornwall, are among the lots going under the hammer alongside commercial properties and land. It will be the second national property auction for the company, and follows April’s auction, […]
The post Virtual auction taking place next week appeared first on PropertyWire.
UK homeowners and renters are planning to spend an average of £1,179 on home improvements once restrictions are lifted, research from online trade directory Checkatrade found. Over half (53%) of people have noticed more things wrong with their home while in lockdown than ever before. Common causes for improvement include a general desire for new […]
The post UK homeowners to spend £1,179 on improvements appeared first on PropertyWire.