Rent cancellation would hit pensioners who rely on the income for their retirement, warns Ringley Group managing director Mary-Anne Bowring. Over 4,000 Labour party members signed an open letter backing rent cancellation as a policy. Labour’s five-point plan to help renters includes extending the evictions ban by at least six months and giving tenants two […]
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Home Counties housebuilder Martin Grant Homes has acquired a 33.5 hectare redundant farm site in Church Crookham in Hampshire. The builder will now start work on delivering 300 homes at Albany Park set off Redfields Lane. The site will comprise of 180 private and 120 shared ownership/affordable rent properties, alongside a doctor’s surgery, food retail […]
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Kent Reliance for Intermediaries and EY have launched a guide for property investors on the changes to the UK tax system. The guide, entitled “Changes to UK Tax Relief on Finance Costs”, has been compiled to inform its intermediary partners on the key considerations faced by their landlord clients and how they run their rental […]
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The UK currently enforces two tenant eviction bans, both of which were extended in June. For residential tenants the ban will last until the end of August after a two-month extension, while commercial tenants have seen the ban lengthened by three months until the end of September. Clearly this is a difficult time for tenants, […]
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People in Scotland can buy and sell homes once again from today. The Scottish government stressed the importance of physical distancing and hygiene, while it encouraged virtual viewings and other parts of the process to be completed online. The number of people allowed to view a property at the same time is restricted, while surfaces […]
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Bright Spaces, a company providing 3D showcasing software for commercial properties, is looking to build partnerships with UK developers and landlords this year. The company, which started in Bucharest in Romania, secured pre-seed funding of EUR 185,000 in November 2019, while the group is now entering a second funding round in the UK. Bright Spaces […]
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Gloucestershire is the safest place to buy a home, based on crime rates including sexual offences and robbery. Property buying company Good Move said other very safe areas are North Yorkshire, Wiltshire, Surrey and Devon/Cornwall. At the other end of the spectrum West Yorkshire – which includes cities like Leeds, Bradford and Wakefield – is […]
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Millennials typically spent £213 per person on their gardens during lockdown, the highest of any age group, LV= research has found. The demographic was most likely to state their their garden improves their overall wellbeing (45%), compared to 39% nationwide Making the most of the weather, one in five (20%) millennials who invested in their […]
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Members of The Guild of Property Professionals reflect on what is happening in the market post-lockdown Activity surged as the market reopened; are you still seeing high levels of activity? Gary Lund, director at Royston & Lund, said: “We are currently experiencing very high levels of activity with many new instructions, as well as viewings […]
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Only 18.2% of commercial rents in the UK were collected by landlords on 24th June, Re-Leased, the cloud-based commercial property management platform, has revealed This is down from 25.3% received on March quarter rent day, representing a decline of -28% over the three-month period. Tom Wallace, chief executive of Re-Leased, said “For months, the industry […]
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