The average adult will spend nearly £1m in bills over their lifetime


The average adult will cough up nearly £1m in bills over their lifetime – and now spends more on tech than they do on utilities, a study from O2 has found. Research polling 2,000 UK adults found they will personally spend a total of £926,720 on gas, electricity, water, their phone and other bills. An […]

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Over-stretched borrowers more likely to use a mortgage holiday


Almost 18% of those with a 95% LTV or higher took a mortgage holiday – compared with around 6% of those borrowing 25% or less, Hargreaves Lansdown analysis found. Around 17% of those borrowing 5-6 times salary have deferred payments – compared with less than 6% of those borrowing up to one times salary. Sarah […]

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Brits don’t know how to turn off the gas


Some 43% of homeowners wouldn’t know how to turn off their gas in the event of an accident, research from find-a-tradesperson service MyBuilder.com has found. Meanwhile a third admitted they would turn to Google to find out how to locate the shut off valve. Carl Goulding from MyBuilder.com, said: “It’s vital that all homeowners and […]

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Lendlord unveils mobile app


Online portfolio management platform Lendlord has unveiled an Android app in the hope to provide users with the full functionality of the online platform from their smartphone. The app will allow landlords to manage, track and optimise their portfolio’s performance. Lendlord enables landlords to place all of the information they need to manage their investment […]

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Scotland to regulate Airbnb-style short-term lets


The Scottish government has introduced plans for local authorities to regulate short-term lets. The move comes after a report from advocacy group Homes First found that just one in 477 properties had proper planning permission in Edinburgh. Kevin Stewart, Scottish Housing Minister, said: “We aim to lay the regulations giving local authorities powers to license […]

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Skyroom looks to support key workers by building up


A company has launched which specialises in designing and building rooftop properties for key workers like doctors, nurses, teachers and firefighters. Arthur Kay (pictured), one of the three founders of Skyroom, has a background as an architect. He said: “We don’t necessarily have a housing crisis – we have a land crisis. If you buy […]

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Eviction notice period extended to six months


Landlords in England now need to give tenants six months’ notice to seek possession through the courts, up from three. This will apply to all notices being served to both private and social tenancies from 29 August until March 2021, including Section 21s. However are some exceptions, as landlords can give four weeks’ notice to […]

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How the real estate market can leverage virtual reality post-pandemic


Jing Xue, chief operating officer and co-founder of DecorMatters The COVID-19 pandemic has had a profound impact on the real estate industry – delivering both new opportunities and unprecedented setbacks. While in-person viewings have been limited and the supply chain has been disrupted, the crisis has actually forced people to gain a new appreciation for […]

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Yourkeys and ContactBuilder partner up


Yourkeys and ContactBuilder have announced an alliance, with the pair saying housebuilders can put their lead management and sales progression ‘on autopilot’. Yourkeys digitises the new homes sales process, from onboarding and reservation through to exchange and completion. It recently introduced a function which allows sales proceed without the customer being present in response to […]

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