Nicholas Brent, partner, head of real estate and Ben Lomer, senior associate, dispute resolution; Druces LLP. Last week the High Court ruled in an important case[1] brought by the Financial Conduct Authority which potentially affects 370,000 businesses impacted by the COVID-19 pandemic. These are all businesses which, as part of their regular insurance arrangements, had […]
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Property company iamproperty is developing an online platform to speed up and improve the experience of private treaty sales for estate agents and vendors. ‘movebutler’ is designed to significantly reduce agents’ admin time and increase their revenue opportunities. It is expected to launch in the first quarter of 2021 and will be available first to […]
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Landlords have been ignored by Chancellor Rishi Sunak (pictured) in his Covid rescue plan, said David Alexander, joint managing director of property management firm Apropos. A “jobs support scheme” is replacing the furlough scheme, which will enable businesses to keep workers on shorter hours, with people working a third of their usual hours and the government […]
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Henderson Park, the European real estate investment platform, announces the sale of 30-33 Molesworth Street in Dublin city centre to German real estate fund manager KanAm Grund Group. 30-33 Molesworth Street comprises 5,300 sq m in two redeveloped and refurbished buildings along with two Georgian buildings, and is home to Maples Group and Savills along […]
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Members of the property industry have been reacting to Chancellor’s Winter Economy Plan which outlines the UK Government’s plans to further help rebuild the economy following the COVID-19 pandemic. The plan outlines how businesses have received “billions in loans, tax deferrals, business rate reliefs, and general and sector-specific grants” which has allowed individuals and families […]
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Pepper Money has reduced buy-to-let (BTL) rates by up to 40 basis points as part of the lender’s development and improvement of its proposition. The new rates apply across Pepper Money’s BTL range, which is available to individuals as well as limited companies; from first-time landlords to portfolio investors. The biggest reduction is on the […]
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Conservative peers have voted down an attempt by Liberal Democratic Baroness Olly Grender to block evictions from restarting. The motion was defeated by 126 votes to 266, with most Labour peers abstaining from voting. Following the vote, Baroness Grender told The Mirror: “The fact that during a second wave of an epidemic and in the […]
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The Autumn Budget has been cancelled due to the uncertainty caused by the pandemic. Typically the Budget outlines long-term measures for the economy and happens around November. Instead Chancellor Rishi Sunak (pictured) is expected to unveil new measures to combat Covid-19 today in response to the dreaded ‘second wave’ of the virus. The Coronavirus Job Retention […]
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Sean Woolley is the founder and director of real estate agency Cloud Nine Spain It’s time to talk about Brexit. The COVID-19 pandemic has been all that we have been thinking about since March, but as we enter the final quarter of 2020, the end of the transition period for the UK to leave Europe […]
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SDL Auctions is adding auctions of commercial properties to its calendar, with the next happening on 15th October. More than £14.2m has been raised for commercial property sellers in 2020 alone. Andrew Parker, managing director and auctioneer, said: “We are now the UK’s most successful live-streamed auctioneer and, as a result, are being asked to […]
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