The wage subsidy outlined in the Chancellor’s Winter Economy Plan will help renters, but more is needed according to Chris Norris, policy director for the National Residential Landlords Association (NRLA). Norris said: “We welcome the Government’s measures to subsidise wages. We warned that the end of the furlough scheme ran the risk of many households […]
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iProperty Management has declared Spain as the best country to invest in, based on annual global searches from people looking to move to the nation (690,360). As of 2019, Spain is home to more than 624,000 foreign residents, around 10.3% of the country’s population. The country is particularly popular with people from the UK, with […]
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Almost half (43%) of the UK’s new build properties registered between July 2019 and April 2020 don’t have access to future-proof Fibre To The Premises (FTTP) broadband, analysis from Broadband Genie has found. FTTP (also known as FTTH – Fibre To The Home) offers significantly quicker speeds than the broadband currently available to most premises. […]
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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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