Some €800m was invested in the Dutch residential housing market in the past six weeks despite the COVID-19-induced downturn. Both Dutch and international investors have gotten involved, with many investing in rental homes, the report from Real Estate consultant Capital Value found. Though people have been urged to stay indoors, the government in the Netherlands […]
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Rental price growth across Europe has started to slow due to COVID-19, research from accommodation marketplace HousingAnywhere has revealed. Between Q4 2019 and Q1 2020 rental prices fell by 0.1% in Barcelona (pictured), the first time the city has seen a fall since 2013. In London quarterly rental growth was 0.5%, the smallest increase seen […]
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The banking and finance sector has provided over £4.1bn to SMEs so far through the Coronavirus Business Interruption Loan (CBIL) scheme, UK Finance revealed. Over £1.33bn of loans were approved from 21 April to 28 April 2020. There were 8,638 loans approved over the period, bringing the total to 25,262. Stephen Jones, chief executive of […]
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Some €800m was invested in the Dutch residential housing market in the past six weeks despite the COVID-19-induced downturn. Both Dutch and international investors have gotten involved, with many investing in rental homes, the report from Real Estate consultant Capital Value found. Though people have been urged to stay indoors, the government in the Netherlands […]
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There was £1.06bn of equity release activity in Q1 before lockdown took effect, data from the Equity Release Council shows. This represents a rise of 14% from the £936m recorded over the same period last year. It was driven by strong consumer confidence in early 2020 after the general election. David Burrowes, chairman of the […]
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Glasgow’s Portcullis House is up for sale, which has just shy of 100,000 square feet of office space. The development has six upper floors and a short-term lease until 1 April 2021. Andy Cunningham, a senior director at CBRE, said: “The launch to the market of Portcullis House represents an exceptionally rare opportunity to secure […]
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The first Friday out of lockdown is likely to be one of the biggest moving days in the lettings industry’s history, ARLA’s David Cox has predicted. Speaking at a Goodlord webinar this morning, Cox (pictured) told 1,000 professionals tuning in that the enforced nature of the market slowdown would, unlike the situation in 2008, lead […]
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The developer Higgins will reopen the majority of its sites from Monday 4 May in accordance of government guidelines. The firm said it has been working closely with clients and its supply chain to understand the challenges they face to get back on sit. Steve Leakey, managing director of Higgins, said: “Health and Safety remains our […]
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Remortgage instructions picked up by 12.8% last week, compared to the week before, data from conveyancing solutions provider LMS has found. Instructions are down 15% compared to levels immediately before the lockdown. There are set to be 4% fewer completions in April compared to March. Unsurprisingly more remortgages are being cancelled, as 6.7% were halted […]
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NAEA Propertymark offers advice for those looking to get their property ready to sell while they have a little more time on their hands Whether you were hoping to downsize or acquire some extra space, the outbreak of COVID-19 will have brought your house selling plans to a temporary halt. However, selling your home can […]
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