Open Floor Plans less popular after coronavirus


People are less inclined to buy open plan homes due to the lack of privacy involved, research from US firm Zillow indicates. Builders reckon more people want more quiet spaces to work, reflect and take a break, now more people are forced to work from home. In a survey by Zillow and The Harris Poll, […]

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O’Neill Patient Solicitors acquires Cavendish Legal Group


Conveyancing practice O’Neill Patient LLP has purchased law firm Cavendish Legal Group. The aim is for O’ Neill Patient’s (ONP) technology to accelerate the law firm’s growth plans. Cavendish Legal Group will keep its brand name. Adam Forshaw, managing director of ONP, said: “Cavendish Legal makes a great addition to our group and provides clients […]

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Gatehouse invests £10.2m in build to rent scheme


Gatehouse UK Private Rented Fund I, advised by Gatehouse Bank, has agreed to forward fund a £10.2m Build to Rent scheme in the West Midlands, which is set to create 66 new family homes. The investment will fund the construction of the scheme at Raleigh Street, Walsall, consisting of 23 two-bed, 39 three-bed and 4 […]

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How the market has changed after Covid-19


Now the market is emerging from the doldrums there are different patterns to before the lockdown. The early signs are there’s more competition for homes than flats. Meanwhile more people are hankering to live in a home with plenty of outdoor space. After spending hours sitting inside you have to say these revelations make sense. In […]

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One in six mortgages subject to a payment holiday


Lenders have granted 1.9 million mortgage payment holidays due to the Covid-19 pandemic – accounting for one in six mortgages, UK Finance data shows. The amount being deferred is typically £755 per month. Eric Leenders, managing director of UK Finance, said: “Lenders understand that many households will continue to see their finances squeezed as the […]

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Commercial eviction ban extended to end of September


The government has extended the ban on commercial landlords evicting their tenants from June 30 to the end of September. A voluntary code of conduct intended to end rental disputes between commercial tenants and landlords is set to be released ahead of next Wednesday. Robert Jenrick, communities secretary, said: “As our high streets come to […]

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Landbay to use Lender Exchange for its conveyancing


Buy-to-let lender Landbay has partnered with conveyancing portal the Lender Exchange. Lender Exchange offers integrated mortgage redemption requests, returning redemption figures in seconds, mortgage offers landing with law firms’ minutes after they’ve been issued by lenders, and Certificates of Title being sent digitally. It also works with lenders and law firms to minimise fraud risks. […]

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Smart meter deadline put back six months


Energy suppliers have been given an extra six months to install smart metres due to the pandemic. The deadline for all homes to be offered smart metres has been pushed back to 30 June 2015. Mary-Anne Bowring, group managing director at Ringley, said: “As a managing agent, we welcome this news as unless a block […]

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Government to issue ‘code of conduct’ for commercial landlords and businesses


A code of conduct intended to end rental disputes between landlords and businesses is due to be revealed ahead of the quarterly rent payment day next Wednesday, The Telegraph reports. The guidance will be designed to encourage tenants and landlords to use a third party mediator to resolve disputes. Saleem Fazal, partner at law firm […]

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