Housebuilder Crest Nicholson has introduced Home Reach, its first part buy-part rent ownership option. The programme has been launched with heylo, which specialises in part buy-part rent, and is now available on some homes and developments. Shared ownership is a part-buy, part-rent process that allows buyers to purchase a share in a property, with the […]
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Agent Online Services has is now offering estate agents a remote back office proposition for £51 plus VAT per month per property. This includes answering all portal calls and emails from potential buyers, arrangement of viewings as permitted, whether face-to-face or virtual; management of offers in conjunction with the agent; sending out of heads of […]
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One in nine UK mortgages are subject to a payment holiday due to the impact of coronavirus, UK Finance has revealed. The number of mortgage payment holidays in place trebled in the two weeks between 25 March and 8 April, growing from 392,130 to 1,240,680. Lenders announced they would support customers who were facing financial […]
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Three quarters (73%) of landlords are worried their tenants will not be able to pay all or part of the rent, research consultancy Opinium found. Meanwhile 70% of landlords are concerned that their tenants will vacate, leaving them with an empty property. David Cox, chief executive, ARLA Propertymark, said: “It’s worrying to see that the […]
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Three quarters (75%) of people who were at the early stages of moving before the pandemic still want to move house as soon as possible, with a further 18% hoping to do so by the end of the year. Research from reallymoving found that most (62%) want to use the lockdown period to get as […]
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Worryingly 40% of renters are seeing their ability to pay rent hit by the coronavirus crisis, a poll conducted by ideal flatmate reveals. Not being able to keep up with rental payments is the number one concern of current tenants, with the ability to pay council tax, financial instability and ‘survival’ also being cited as […]
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Auction House sold more than 150 lots in the first two weeks of the lockdown restrictions coming into force. The company usually runs room auction lots but switched online. Roger Lake, founding director of Auction House, said: “We’ve been thrilled with how successfully our tried and trusted system of selling online has clicked into place. […]
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I hope everyone had a good Easter despite the difficult circumstances. I thought last week’s analysis of Land Registry data from CashLady was revealing. Between December 2009 and December 2019 the biggest price rises were in Harlow, Essex (74.92%), followed by Southend-on-Sea (74.85%), Watford (74.75%), Thurrock (73.20%) and Cambridge (73.03%… This article is only available to […]
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Since the Coronavirus outbreak took hold 29% of UK companies have laid people off, rising to 39% in construction, figures from the Office for National Statistics show. Just under half (47%) of businesses took less cash in this period, rising to 90% for accommodation and food businesses. Only 40% of firms are confident they will […]
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The Royal Institute of Chartered Surveyors (RICS) and the National Federation of Builders (NFB) have called for a stamp duty holiday once the lockdown ends. RICS members are expecting house prices to fall over the next 12 months – but the organisation said temporarily removing stamp duty would help quickly get the market running again. […]
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