Macbryde Homes will build 25 luxury new homes in Meols, Wirral, under its Signature Collection brand. Work on the development, to be known as Queensbury Manor, has started and sales will launch shortly. Gwyn Jones, managing director of Macbryde Homes, said: “The opportunity to purchase this land, which is in such a highly sought-after location […]
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Peter Sheehan is director and owner of prime property buying agency The London Resolution In these unprecedented times, larger estate agents are using video footage to replace in-person viewings. As a result, both domestic and overseas buyers are making purchasing decisions from the comfort of their homes. High-end property investments will still take place, albeit […]
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SDL Auctions said March dates will go ahead behind closed doors, though property viewings will continue as normal. Three March auctions scheduled to take place in Birmingham, Derby and Leicester will go ahead with remote bidding. Andrew Parker, managing director and auctioneer, said: “We have not taken this decision lightly but the safety and health […]
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The government has suspended evictions and introduced three-month mortgage payment holidays for landlords. Landlords will not be able to start proceedings to evict tenants for at least three months from social or private rented stock. The three-month mortgage payment holiday measures have been extended to landlords who are facing financial difficulties due to coronavirus. The […]
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Landlords who manage out-of-town retail parks could be in trouble over the next five years, a report from Radius Data Exchange has warned. Investment into the sector dropped by 80% year-on-year in H1 2019, while increased vacancies and expiring lease terms could suppress the value of these assets. Retail is being let at too high […]
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Legal & General Mortgage Club has unveiled measures to support its members in light of the COVID-19 outbreak. Procuration fees will be paid on exchange and ahead of completion while the Mortgage Support Services (MSS) team will remain on hand to help advisers with any queries they have on client cases over the phone or […]
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Barratt Homes has launched the Chapel Fields development in Swansea. The development – which will feature a total of 78 homes once complete – is now open. Richard Lawson, sales director of Barratt Homes, said: “I’m delighted by the success we are already seeing here at Chapel Fields. “This is a very popular area in […]
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Niche Advice director Payam Azadi is concerned that the economic shock caused by coronavirus could force some lenders out of the market. Azadi is concerned that non-bank lenders and specialist players could struggle with their funding lines in the weeks and months ahead. The London broker said: “A lot of the lenders that rely on […]
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Mortgage lenders have agreed to offer customers three-month payment holidays if they suffer from financial issues due to Covid-19, Chancellor Rishi Sunak has announced. A number of high street lenders had already pledged to help customers in need. Rishi Sunak, The Chancellor of the Exchequer, said: “We will do whatever it takes to protect our […]
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Direct Line for Business has launched an additional coverage option to its landlord Insurance policy for those who own a residential property on a leasehold basis, such as in a purpose-built block of flats. Leasehold landlords who are not responsible for buildings insurance can now insure their permanent fixtures and fittings the freeholder’s building policy […]
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