Nearly four in 10 (38%) people who approached their local authority for help since the Homelessness Reduction Act 2017 was introduced either remained homeless or became homeless because councils do not have enough genuinely affordable housing available. A report from homeless charity Crisis, which is based on 984 surveys and 89 in-depth interviews, called for […]
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Guy Gittins, managing director of Chestertons In his and the new government’s first Budget, newly appointed Chancellor Rishi Sunak will want to send a positive message to the country and provide a stimulus for economic growth and investment. It is likely that proposed spending plans in key areas such as health, education, infrastructure and policing […]
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Andre Kappelhoff is the founder of Viking PR and an established property PR professional with 15+ years’ experience in representing UK and international developers, housebuilders, estate agents and property service companies Since the World Health Organization has classified the outbreak of COVID-19 as a global health emergency, the spread of the virus has become a […]
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Waterfront build-to-rent development The Green Rooms at MediaCityUK has opened its doors to residents. After two years of construction, MediacityUK’s very first build-to-rent development, The Green Rooms, has opened its doors to residents. The development is owned by IP Investment Management with AmroLiving as onsite building operator and Peel L&P as developer. The development is […]
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World shares have suffered their worst day since the financial crisis of 2008 amidst the threat of coronavirus. Yesterday London’s index of top shares fell by 8%, with the main US financial indexes falling by 7% – sparking fears of a recession. While the coronavirus’s impact on travel has had an impact, crude oil prices […]
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The government will pledge £643m towards ending rough sleeping in Wednesday’s Budget. Some £144m will go towards for general support services, including access to training, £262m will be for substance misuse recovery services, and £237m will fund new accommodation. The government said the funding boost should help up to 6,000 rough sleepers with the accommodation […]
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It seems likely the Bank of England will cut interest rates this month, given that the Federal Reserve and Bank of Canada have both cut their respective interest rates. There are concerns that the threat of coronavirus could impact economic confidence, resulting in the North Americans taking action. These worries are shared in the UK […]
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CapitaLand has agreed to acquire a prime freehold business park in the UK for £129.3m. Arlington Business Park is located in Reading and is comprised of 11 Grade A office buildings totalling about 367,000 square feet of net lettable area. Mr Jason Leow, president, Singapore & International, CapitaLand Group, said: “The acquisition of Arlington Business […]
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Annual house price growth reached 2.8% in February, dropping from a high of 4.1% in January, Halifax’s House Price Index has found. Quarterly growth stands at 2.9%, with monthly prices rising by 0.3%. Russell Galley, managing director, Halifax, said: “Much like we saw in January, the increases seen in February reflect the continued improvement of […]
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Prospective property sellers and landlords are increasingly requesting instant online valuations from estate and letting agents in the morning before they get to work, data from The ValPal Network has found. 7am-8am was the most popular hour of the day for consumers to request online valuations from agent members of online valuation tool The ValPal […]
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