Property market staying open during lockdown – first reactions

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The property market will continue to run despite the government introducing new lockdown measures. Prime Minister Boris Johnson has instructed people to stay at home where possible, while schools and nonessential shops have been closed. However viewings are still possible, while surveys are still being allowed to go ahead. Tomer Aboody, director of property lender […]

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Half landlords lose rental income due to Covid-19

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Over half of private landlords have lost rental income due to the Covid-19 pandemic, research from the NRLA has found. Some (56%) had lost rental income as a result of the pandemic, with 12% losing more than 20% of their income. Of all those who had lost rental income, 22% had lost more than £5,000 […]

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Landlords need government support

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Paul Shamplina of Landlord Action has called for government help after the introduction of another lockdown. In Scotland and Wales tenants can get a Tenant Hardship Loan Fund to cover months of rent. Shamplina said: “This is an exceptionally difficult situation for everyone and as before it is vital that tenants who are genuinely impacted […]

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Hope Capital launches range of residential refurbishment loans

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Short term lender Hope Capital has launched a range of bridging loans for borrowers undertaking property refurbishment projects. The refurbishment range has three products. There’s Refresh, when a property requires relatively minor upgrades, Renew, a property needing moderate repairs, redecoration and refurbishment and Renovate, suitable for more extensive and advanced projects. The range provides LTVs […]

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Countrywide Surveying Services unveils first virtual annual conference

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Countrywide Surveying Services is holding its first ever virtual annual conference from the 5th to the 8th January. The conference, which typically takes place in Birmingham, is now a four-day virtual event, with over 500 confirmed attendees. Matthew Cumber, managing director of Countrywide Surveying Services, said: “Technology has been the great facilitator throughout these challenging […]

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Legal and estate agency group heads call for agents and lawyers to collaborate

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Estate agents and legal professionals need to work more closely together to deal with the pressure caused by the stamp duty holiday deadline, according to representatives from both camps. Iain McKenzie, chief executive of The Guild of Property Professionals and Rob Hailstone, chief executive of The Bold Legal Group, are both calling on all stakeholders […]

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Landlords optimistic about buy-to-let in 2021

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Despite the challenges of coronavirus 45% of landlords are optimistic about the state of the buy-to-let market this year, a survey from Property Master has found. However 29% of those surveyed were pessimistic about the buy-to-let market in the coming year and many of these feared landlords would be, in the words of one person, […]

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What will affect housebuyers and housebuilders in 2021

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This month Andrea Fawell (pictured), sales & marketing director of property developers Kebbell, tackles many of the important factors that may affect house buyers and housebuilders in 2021. Brexit We await the impact Brexit will have on the economy and what market confidence will look like in the recession. There has been a slowdown in […]

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Lomond Capital and Linley merge

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Yorkshire residential lettings firm Linley & Simpson has merged with Lomond Capital to create a national lettings and estate agency group. The venture has a combined portfolio of over 22,000 properties under management and major hubs in private rental hotspots including Aberdeen, Birmingham, Brighton, Edinburgh, Hull, Leeds Manchester, Sheffield and York. Stuart Pender, group chief […]

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