The rise in remote working could result in a property boom in secondary cities and the suburbs, according to a survey from US real estate group Zillow. More than half of employed Americans (56%) have had the opportunity to work from home. Meanwhile last week’s Harris Poll found that 75% of people working from home […]
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The UK furlough scheme has been extended by four months to the end of October, Chancellor Rishi Sunak has announced. Employees will continue to receive up to 80% of their monthly wages up to £2,500. However, from August workers can return to their jobs part-time, with employers being asked to pay towards to the salaries […]
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There are concerns housebuilders are pushing through developments without facing proper scrutiny due to the current lockdown period. One proposed development which prompted a heated response from some locals was in a semi-rural location near Penistone, South Yorkshire. The plan from Barratt & David Wilson Homes is for a 460-home development, which would increase the […]
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Home moves and viewings in England have been given the green light to restart from today. Estate agents can now open and conveyancers can restart business, though they have been told to still adhere to social distancing rules. Buyers and renters were told to delay moving in March. Housing minister Robert Jenrick said: “I am […]
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Jonathan Lilley is a partner and commercial litigator at Blaser Mills Law The commercial real estate market is fast-moving and complex at the best of times and, like many other industries, it is now being turned upside down by the coronavirus pandemic. The sector is starting to see the first signs of stress as businesses […]
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Dogs are being used to detect Japanese knotweed for Environet UK, a specialist in getting rid of the plant. The animals can cover a site in minutes, staying completely still if they detect the plant, even if the knotweed rhizome is in small quantities. The dogs being used are two one-year-old Fox Red Labrador Retrievers, […]
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Payment technology company flatfair has launched an online portal called Resolve, which is designed to help landlords and tenants agree a payment plan for rent arrears accrued due to COVID-19. Resolve helps landlords obtain proof of hardship, provide date stamped correspondence, and help them to agree on a clear plan which the tenant has to […]
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The South Wales division of Barratt and David Wilson Homes is re-opening its construction sites, as preparations began yesterday. Four sites across South Wales will be re-opened including Barratt Homes’ Maes Y Deri in Cardiff, Chapel Field in Loughor near Swansea and St Michael’s Gate in Llantarnam near Newport. Also opening up again is the […]
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Gatehouse Bank has appointed Chris Proudfoot as business development manager for the North. Proudfoot has five years of experience in intermediary sales and joins Gatehouse from Aldermore, where he has worked since 2017 as a BDM. Before this he was an account manager at Platform Home Loans, a subsidiary of The Co-operative Bank. Roger Evans, […]
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Funds advised by Hilltop Credit Partners, a specialist funding partner for SME residential developers, have completed an £8.6m loan to fund a development in Brondesbury, North West London. The loan was to 196 Willesden Lane Limited, an SPV controlled by Gage Properties Limited. The project is being led by Gavin Essex, a 20-year veteran of […]
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