Agent provides videos as alternative to property viewings


Estate agent Mullucks has created videos so people can view properties online. The videos have been created by the agent’s creative media producer Jesse Todd (pictured), who has been with Mullucks for over a year. Daniel Galati, managing director of Mullucks, said: “These videos are a key part of our marketing and provide an insight […]

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Crest Nicholson to launch development in Staffordshire


Crest Nicholson will launch its Green Acres at Alrewas development in Staffordshire in Spring. Located in the village of Alrewas, the development will comprise 84 traditional two, three, four and five bedroom homes. Bonnie Campbell, sales manager, Crest Nicholson Midlands, said: “We’re proud to be able to announce that Crest Nicholson will be launching Green […]

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Goodlord updates products after government bans evictions


Property technology company Goodlord has updated its Rent Protection Insurance product after the government banned evictions for three months. Going forward, if tenants are no longer able to meet their payment obligations, Goodlord will first-help landlords and tenants build and execute repayment plans. This process will include guidance on legal obligations, financial assessments, template payment […]

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Zillow Group stops buying new homes due to coronavirus


US real estate marketplace Zillow has stopped buying new homes in the 24 markets where it operates. Zillow Offers works by purchasing homes, refurbishing them and selling them on. It will continue marketing and selling the homes it already owns. Rich Barton, chief executive of Zillow, said: “Our top priority is ensuring the safety and […]

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West Brom withdraws remortgage range


West Brom Building Society has withdrawn its remortgage product range in response to the coronavirus outbreak. Already submitted applications will continue, while those with a decision in principle have seven days to submit their application. In an email to mortgage brokers, West Brom said: “In light of recent developments concerning the coronavirus which presents a […]

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London’s rough sleepers to be offered 300 hotel beds


Some 300 homes are being made available for rough sleepers in the capital, Mayor of London Sadiq Khan has announced. The Mayor, who is being backed by the government, has worked with Intercontinental Hotels Group to block-book the rooms in two London hotels for the next 12 weeks. Over Friday and the weekend, as part […]

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Slough ranked as top buy-to-let location


Slough is the top location to purchase a buy-to-let property, according to lettings management company Howsy. The town has some the highest average wages, good rental values and yields, as well as growing house prices (until the COVID-19 outbreak). It is also in a prime position along the Crossrail route, while there will be access […]

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More tenants can’t afford a deposit


Almost two thirds (64%) of tenants cannot afford a deposit to allow them to purchase their own home, research from yieldit has found. This represents a significant increase from the 56% who said they couldn’t afford a deposit in late 2018. Just a third (34%) are currently saving for a deposit, while a fifth (26%) […]

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Bank Leumi UK signs £27.5m refinancing deal with Oranim


Leumi UK, the London-based subsidiary of an Israeli international bank, has closed a £27.5m deal with property developer Oranim Group to refinance Woodland Views in London. This comprises of two residential blocks located at 20-22 Quebec Way. Andy Mallin, chief brand officer at Leumi UK, says: “This new deal is the first to follow a […]

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A new kind of recession


It’s been another week of escalation – the number of coronavirus-linked deaths in the UK is 177 at the time of writing. The one positive is the government is finally taking this outbreak more seriously, with the £350bn stimulus package being followed by increases to universal credit and housing benefit, while the Bank of England […]

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