I read an interesting article on the BBC about suffering from fatigue when it comes to following COVID-19 coverage and, though as a journalist I have a responsibility to keep up with what’s happening, I have to admit I’m starting to feel it myself. Every day brings fresh horror, as the UK’s death toll continues […]
The post COVID-19 news fatigue has hit me appeared first on PropertyWire.
Remortgage instructions increased by 11.8% from the week commencing the 20th to the 27th April, research from conveyancing solutions provider LMS has found. Despite the jump, overall instruction volumes are down 23% between March and April, which is due to a sharp drop at the start of the month. Nick Chadbourne, chief executive of LMS, […]
The post Remortgage activity improved at the end of April appeared first on PropertyWire.
A Forum of 23 trade and professional bodies have appealed to the Scottish government to adopt a five-point plan to help contractors through the worst of the COVID-19 crisis. The Construction Industry Coronavirus (CICV) Forum made appeals to Kevin Stewart MSP, Minister for Local Government, Housing and Planning. In order to increase cashflow a 14-day […]
The post Scottish construction industry makes five-point appeal to government appeared first on PropertyWire.
Commercial estate agents’ Gross Value Added, a metric of economic productivity, will be hit by 35% due to the COVID-19-induced lockdown, PwC analysis shows. This is partially due to decreased rent collection. Just 60% of commercial real estate rents were collected in March, leading to cash flow implications for landlords struggling to meet operating costs […]
The post PwC: Commercial estate agency production to be hit by 35% appeared first on PropertyWire.
Property Academy founder Peter Knight will host a Goodlord webinar tomorrow discussing how to build an effective marketing strategy for the post-lockdown world. The webinar, taking place at 9:30am, is free to attend. Knight said: “Letting agents have never had such a mountain to climb but, at the same time, our industry has never been […]
The post Peter Knight to host webinar on building post-crisis marketing strategy appeared first on PropertyWire.
The National House Building Council, the warranty and insurance provider for new homes in the UK, is accepting a new method of wall construction to support Modern Methods of Construction. The H+H UK’s storey height elements, which have been used by Barratt to build circa 600 new homes, is one of more than 40 MMC […]
The post NHBC accepts new system of wall construction for MMC appeared first on PropertyWire.
Average property prices fell by 0.6% between March and April, Halifax’s House Price Index has revealed. Prices averaged £238,511 in April, after mortgage approvals fell by 24% between February and April. Annual growth still stands at 2.7%. Jeremy Leaf, north London estate agent and a former RICS residential chairman, said: “Lockdown restrictions are rendering these […]
The post House prices dip by 0.6% appeared first on PropertyWire.
John Gallacher is a consultant in the Commercial Real Estate division at law firm Morton Fraser As businesses emerge from lockdown into whatever normality looks like, we may start to see an increasing use of company voluntary arrangements (“CVAs”) to try to improve balance sheet deficits amongst landlords. Having been at the sharp end of […]
The post Commercial landlords and tenants – is it time for a new strategy? appeared first on PropertyWire.
The Southampton division of Barratt and David Wilson Homes will re-open its construction sites on 11th May, ready for the re-introduction of contractors on 18th May. Some 12 sites across Dorset, West Sussex, Hampshire and the Isle of Wight will be re-opened, including Hawthorn meadows and St George’s Gate on the Isle of Wight, Saxon […]
The post Major housebuilder to restart on construction sites from Monday appeared first on PropertyWire.
A notorious farm in Bacup, Lancashire, which made national headlines after animals were found living in squalor is being sold by SDL Auctions. The current occupier of Trice Barn Farm, off Bacup Old Road, was served notice to vacate last year but is still living there, making it impossible to view the farm. Despite this […]
The post Animal horror farm goes under the hammer at £50,000 appeared first on PropertyWire.