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A bill is set to be passed which increases the minimum notice period for private and social tenants to up to six months in Scotland. Most of the measures in the Coronavirus (Scotland) Bill will expire in six months but can be extended by the Scottish Parliament for two periods of six months. The bill […]
The post Scotland to increase eviction notice period to six months appeared first on PropertyWire.
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Cyber security threats are a far bigger problem due to the COVID-19 outbreak, according to James Stickland, chief executive of authentication platform Veridium. Having employees work from home means businesses face challenges when it comes to maintaining security, while keeping business critical-functions going. Phishing emails related to coronavirus have risen by 667% since the end […]
The post COVID-19 the biggest ever cyber security threat to hit businesses appeared first on PropertyWire.
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A Midlands property lawyer has cautioned landlords that taking a mortgage holiday will affect them long-term, because their loan will take longer to pay off. Currently landlords are able to apply for a three-month mortgage payment holiday due to the coronavirus crisis. Javed Ahmed, an associate at law firm mfg Solicitors, said: “Effectively, the payment […]
The post Landlords warned about mortgage payment holidays appeared first on PropertyWire.
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Asset manager Spicerhaart Corporate Sales has called for the government’s 80% salary guarantee to be extended to rental income for small private landlords. The call follows measures put in place to protect tenants from eviction, as possessions activity has been frozen for at least three months. Mark Pilling, managing director of Spicerhaart Corporate Sales, said: […]
The post Spicerhaart calls for 80% rental income guarantee for small landlords appeared first on PropertyWire.
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Richard Payne, director of development at Oblix Capital, considers the short and long-term impact of the Covid-19 lockdown on the construction industry At the beginning of March, the government was promising a new dawn for housebuilding, with some ambitious plans. A million homes were targeted to be built within five years, with aspirations to increase […]
The post Covid-19 has knocked the construction industry sideways, but we’ll recover appeared first on PropertyWire.
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iamproperty, a group offering end-to-end services to estate agents, said it intends to continue paying its Partner Agents for as long as the COVID-19 crisis continues. The group said it is prioritising the protection of fee payments to agents for those transactions that can continue, aligned to government guidelines. Jamie Cooke, group managing director at […]
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Yorkshire Building Society has appointed Catharine French as non-executive director, who will join the society on 1 April 2020. French spent 16 years with Barclays and since 2016, has been the chief administrative officer and a member of the executive committee for Barclays UK. Prior to that she gained experience working for the Treasury Select […]
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Landwood Property Auctions has seen an increase in business as buyers turn to online auctions amid the COVID-19 pandemic. James Ashworth, director of Landwood, has seen a growing confidence in proceeding with online auctions while the rest of the housing market looks uncertain. He said: “It is obviously a very difficult market out there at […]
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By now I’m sure you’ve processed last week’s news that buyers and renters have been told to halt buying, selling and moving house in most cases. Whatever your position we have an opportunity to take stock – we’ve not got much choice – and focus on getting through the next few months relatively unscathed. For […]
The post A time to take stock appeared first on PropertyWire.
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All court possession orders have been suspended with immediate effect. This affects mortgage holders as well as private and social renters across England and Wales. This will affect cases in the system as well as new cases for at least 90 days, though the timeframe may be extended. A government statement said: “Landlords will have […]
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