Landlords enquiry levels for property management and tenant services plummeted by 31% in the week ending 8th November 2020, Yomdel’s Property Sentiment Tracker found. This leaves them at levels last seen in the depths of lockdown on 12 April and a huge 25% below the same week in 2019. However enquiries from tenants seeking new […]
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One in 10 landlords plan to purchase buy-to-let properties this year, up from 3% at the end last year, Source Business research shows. The rise in landlord confidence and a change in tenant priorities following the lockdowns is leading investors to a move away from London and the South East, to less built-up areas. Increasingly […]
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The prime housing market in Singapore, Asia, has seen house prices decline by -6.1%, the biggest fall of all the cities analysed by the Knight Frank Prime Global Cities Index. Bankgok, Thailand, also saw the prices deflate by -6.0%, followed by Hong Kong (-5.4%). The city with the most growth was Auckland in Australia, with […]
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Three quarters (77%) of Brits have spotted a fault with their home after moving in, research by comparethemarket has found. The most common things homeowners miss and only notice after their purchase are damp or mould (24%), poor electrics (22%), poor plumbing (20%), cosmetic issues with walls/ceilings/internal fixings (19%), and poor or no central heating […]
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Julian Washington interviewed Nick Brent, head of real estate at Druces Solicitors, on the day before the second lockdown. From the windows of Druces’ offices you have a good view of the gardens in Finsbury Circus. Recently re-landscaped after Crossrail works concluded, this oasis in the middle of the City is now framed by trees […]
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TMA Club is urging advisers to start using digital tools that can help them keep on top of changes to their clients’ mortgage policies both during, and after, the Covid-19 outbreak. This comes as data from CACI highlighted that there is a spike in product maturities worth £33.18bn expected in December 2020. Lisa Martin, development […]
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Construction companies who have teams of self-employed workers from the EU are in danger of losing these workers from the end of June 2021, warned leading tax and advisory firm Blick Rothenberg. Heather Powell, head of property & construction at the firm said: “Whilst it is possible for employers to sponsor self-employed workers for a […]
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It seems likely that Prime London activity will be particularly strong in the next few months, owing to a number of factors. The stamp duty holiday has already had a big impact on sales of higher value properties. This makes sense, given that it has made the biggest difference to non-first-time buyers purchasing homes at […]
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A sizable chunk of people have never used a mortgage broker, despite the benefits of having a professional compare the different products. The number rises to nearly half (49%) amongst over-55s, suggesting there is something of a generational divide when it comes to using an intermediary. Indeed, three quarters (74%) of 25 to 34s saying […]
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Evictions won’t be enforced until at least 11th January 2021, while there will be no bailiff enforcement action, the government has announced. Six month notice periods will remain in place until at least the end of March 2021. The exception to this rule will be the most serious cases, including where tenants have demonstrated anti-social […]
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