Most sellers already on the market, and those with a sale already agreed, are continuing with their plans to move once it is deemed safe enough, Rightmove’s House Price Index has found. Despite the lockdown total stock for sale has only fallen by 2.6% since the lockdown. Rightmove said there weren’t enough properties coming to […]
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The number of completed homes for build-to-rent have increased by 42% between the first quarter of 2019 and the same period in 2020. Research published by the British Property Federation shows there are 157,512 build-to-rent homes complete, under construction or in planning across the UK. As it stands there are 33,505 build-to-rent homes under construction, […]
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The Guild of Property Professionals and sister company Fine & Country have sent a letter to the government arguing why estate and lettings agents should be one of the first industries to return to work. The firm said the housing sector is one of the most important influencers in the economy and will be key […]
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Jamie Johnson is chief executive of FJP Investment When Chancellor Rishi Sunak delivered the long awaited 2020 Spring Budget, it was clear that many of bold policy announcements the government had originally intended to announce had been removed from the final policy document. Having come to power to December 2019, this was meant to be […]
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Delving into the impact that the outbreak will have on planners, Jonathan Bainbridge and Nigel Hawkey, planning partners at property consultancy Bidwells, discusses whether the use of digital technology will be the way forward in the planning sector during COVID-19 crisis. Planners in both the public and private sectors will find their work is massively […]
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CrystalRoof’s property tracker is now mapping the coronavirus crisis to help potential buyers know how many existing and new cases of COVID-19 there in a given area. The map, which was created for mobile, provides heat maps and graphs to show where cases and plateaus are. Victoria Varzinova, chief executive of CrystalRoof, said: “Our mission […]
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UK households used 15% more heating in March 2020 than the corresponding month last year, tado research found. More homes were occupied in the day due to the coronavirus lockdown, while an average outdoor temperature of 1°C also had an impact. An average UK annual dual fuel heating bill comes in at approximately £1,200, with […]
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The government will launch an emergency loan scheme for large businesses on Monday. The Coronavirus Large Business Interruption Loan Scheme will be available to all firms with a turnover of more than £45m, who will be able to borrow up to £25m. Companies with a turnover of more than £250m can borrow up to £50m. […]
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Despite being affected by COVID-19 in the short-term Prime London property will be a strong investment in the long run, said Fraser Slater, chief executive of buying agency Ludgrove Property. Prime London benefits from safe-haven buying in times of crisis. The cost of mortgages is also at an all-time low, while the pound is currently […]
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Broker Mortgage for Business has hit out at landlords who ask for repayment holidays that are able to get through this period. The broker said only “a handful” of landlords contacting its switchboard about mortgage repayment holidays are raising legitimate concerns about how to pay their mortgage in the face of the COVID-19 pandemic. Steve […]
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