London faces an ‘impending tsunami of evictions’ if the government doesn’t take evasive action, warns Mayor of London Sadiq Khan. With the tenant eviction ban coming to an end on August 23rd, the Mayor made a number of suggestions in a letter to the government. The letter made a number of proposals. One being that […]
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Great Portland Estates are “well positioned” following results from the quarter to 30 June according to their latest trading results. The results show that £4.3m of new rent was signed throughout the quarter, with 11 lettings under offer for £12.1m, of which £7m is a Great Portland Estates share. This is reportedly 4.3% ahead of […]
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Nottingham Building Society’s estate agency and lettings activity are being transferred to the Belvoir Group after the pair signed a strategic partnership. The Nottingham will stop trading as its own estate agency and lettings operation for new business by the end of August. David Marlow, chief executive officer of The Nottingham, said: “After great consideration, […]
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Garret Flower is the chief executive & co-founder of ParkOffice.io – parking software for smart offices. Over the last few months the real estate community has been obsessing over COVID-proofing their buildings. Ensuring appropriate hygiene protocols are being followed and providing ample space to socially distance are key measures for landlords and occupiers. However, in […]
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Over half (53%) of property and commercial finance brokers are open for business at the same level as before Covid-19. A further 18% are operating at around 75% capacity, United Trust Bank’s Broker Sentiment Survey found. Although 40% of brokers are currently operating with less than a quarter of their staff typically in the office, […]
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Auctioneer iamsold has seen sales outdo last year, as people look for safe ways to buy amidst the pandemic. Compared to last year sales are up 20% and viewings 22%, as the company has seen both surge since the start of June. Jamie Cooke, managing director of iamsold, said: “It’s really encouraging to see this […]
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Office markets in Edinburgh, Glasgow and Aberdeen were depleted in the second quarter of the year, CBRE research shows. This is hardly surprising, given that the nation spent almost the entirety of the period in lockdown. Over the second quarter of the year office take-up in Edinburgh totalled 26,876 sq ft, an 84% drop from […]
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The stamp duty changes set out by Chancellor Rishi Sunak in his summer statement yesterday will have long-lasting effects and could potentially lead to the property market making a more steady recovery according to Lynda Clark, chief executive of the First Time Buyer Group. Clark and other key industry figures have been reacting to the […]
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Almost half of brokers (41%) of brokers expect to write more buy-to-let business in the next 12 months, Paragon Bank’s Financial Adviser Confidence Tracker (FACT) index has revealed, These latest survey findings are a drop from the 43% of advisers who predicted more buy-to-let business in the first quarter of 2020, but up on the […]
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Three franchisees joined SDL Property Partners’ national block management franchise network during the COVID-19 lockdown. They were Middlesex-based Asset India, White Picket Fence and Belvoir London Westminster. Formed in 2011, Asset India is a real estate advisory and development company, that also has offices in India and Dubai. Belvoir London Westminster is an estate agency […]
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