Research consultancy Capital Economics expects the government to live with debt for some time rather than returning to austerity. In an article written by Ruth Gregory, senior UK economist at Capital Economics, she said the attitude of the public is far different to following the global financial crisis, the government’s attitude has changed since the […]
The post Capital Economics: Government won’t return to austerity appeared first on PropertyWire.
Google searches for ‘can my landlord evict me’ have increased by 52% in two months of lockdown, research from Boiler Plan shows. Another common thing to search for has been ‘responsibilities as a tenant’. Residents in Bristol search for tenants’ rights on Google the most of the 20 cities analysed, averaging 540 searches per month. […]
The post Tenants more anxious about their rights appeared first on PropertyWire.
Auction House said the easing of lockdown restrictions for the property market on 13 May has generated a significant rise in buyer demand. The UK’s largest property auctioneer saw a surge in buyers for its sales from the middle of last month, with some online livestream auctions attracting over 1,000 viewers. Roger Lake, founding director […]
The post Auction House sees surge in buyer demand appeared first on PropertyWire.
Global Student Accommodation Group (“GSA”) has acquired Emilia Pardo Bazan, a 302 bed purpose built student accommodation property in Madrid from Corestate Capital Advisors GMBH. CaixaBank is providing debt financing for the transaction. Nicholas Porter, chairman at GSA Group, said: “Completing this transaction highlights our in-depth sector experience and considered approach, especially in today’s climate, […]
The post Global Student Accommodation completes acquisition in Madrid appeared first on PropertyWire.
Households renting out their unused driveways to other motorists are earning more than £1,000 per year on average in 25 UK towns and cities. The study, by online parking portal YourParkingSpace.co.uk, found that Londoners are making £2,100 per year on average, while people living in Brighton and Edinburgh are earning £1,944 and £1,896 respectively. The […]
The post Empty driveways earn homeowners more than £1,000 per year in 25 towns and cities appeared first on PropertyWire.
Investment in student property has surged by 8% in the North West, Mistoria Group research shows. The largest increase in investment came from Turkey which accounted for 20% of the growth, followed by UAE (14%) and Hong Kong (11%). Mish Liyanage, managing director of The Mistoria Group, said: “Over the last 12 months, we have […]
The post Surge in student property investments appeared first on PropertyWire.
Frontline workers have been offered a 5% discount on new homes across South Wales and the South West of England by Edenstone Group. This is available across the developer’s two housing brands Edenstone Homes and Bluebell Homes, and includes new homes in Dinas Powys, Lydney, Morriston and Ross-on-Wye. Adele McCoy, sales director at Edenstone Group, […]
The post Workers offered 5% discount on new homes appeared first on PropertyWire.
Lenders have provided firms with £34.9bn through the three major government-backed lending programmes to date, figures from the HM Treasury has revealed. In the past week alone £3.6bn has been granted to 85,000 businesses. Some £23.8bn has been provided through the Bounce Back Loans scheme, £9.6bn through the Coronavirus Business Interruption Loan Scheme (CBILS), and […]
The post £35bn provided to 830,000 businesses through COVID-19 schemes appeared first on PropertyWire.
United Trust Bank (UTB) has completed a £10.9m investment term loan for a customer affected by the Covid-19 lockdown. Investment business and landlord Rosewall Properties Limited typically acquires properties and adds value via planning enhancements, before converting/developing and then retaining the property. In this case the company purchased a redundant office block in Greater London […]
The post UTB completes £10.9m investment facility in lockdown appeared first on PropertyWire.
Agents Together has launched, a foundation of estate agents which will provide advice, mentoring and coaching to agents looking to grow their business. The foundation said the COVID-19 pandemic could provide an opportunity for agents to come together with a new way of thinking and a new approach for the future. Agents Together is led […]
The post Estate agency foundation service launches appeared first on PropertyWire.