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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 […]
The post Landlords warned not to ask for repayment holidays unless they need them appeared first on PropertyWire.
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Portugal saw an increase in asking prices between February and March 2020, despite the intensity of the global pandemic, analysis from real estate portal Imovirtual has found. The average asking price increased by 1% from €234,038 in February to €236,399 in March. Lisbon saw the asking price increase by €9,552 to €573.021 in March, while […]
The post Portugal sees property price growth in face of global uncertainty appeared first on PropertyWire.
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Nicky Stevenson, head of the Fine & Country Associates, will host a four-part webinar series asking luxury agents to share the secrets to their successes. The Mastermind series is open to all agents wondering how to become a luxury estate agent and what a day in the life looks like. Stevenson said: “The market has […]
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Bridging lender Fiduciam lent £9m in Easter week, and is still working with all its staff remotely. The lender, which is owned by a pension fund, is on target to close another £10m of loans by the end of April. The £9m of lending this week was mainly in the north of England, at an […]
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The Coronavirus Job Retention Scheme has been extended until the end of June. The government made the decision due to the continued social distancing measures in place. The scheme allows firms to furlough employees, with the government paying cash grants of 80% of their wages up to a maximum of £2,500. Rishi Sunak (pictured), Chancellor […]
The post Job Retention Scheme extended by one month appeared first on PropertyWire.
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Chris Salmon is a co-founder and director of Quittance Legal Services The first piece of advice we’ve always given to sellers is “Don’t wait to instruct a solicitor until after you find a buyer”. Under the coronavirus lockdown, this advice is truer now than ever. The property market will be frozen for weeks to come. […]
The post Home sellers can still make progress under lockdown appeared first on PropertyWire.
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Another week in lockdown – I hope you’re managing to stay safe and sane during this period! If the news is anything to go by you need to make sure you’ve got the finances to get through the next few months. The news that 40% of tenants reckon they will struggle to pay rent in […]
The post Prepare for the future appeared first on PropertyWire.
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Another week in lockdown – I hope you’re managing to stay safe and sane during this period! If the news is anything to go by you need to make sure you’ve got the finances to get through the next few months. The news that 40% of tenants reckon they will struggle to pay rent in […]
The post Prepare for the future appeared first on PropertyWire.
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Nearly two thirds of British developers say they are set to invest more in the North of England by 2021, driven by the Northern Powerhouse initiative. Residential houses and flats seen as offering the biggest opportunities but shortage of suitable sites and access to finance are leading obstacles, according to a study by Together. Overall, […]
The post Developers regard the North of Britain as having best opportunities appeared first on PropertyWire.
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Despite a backdrop of intensifying political and economic uncertainty, the prime central London residential market had bottomed out, with prices down just 0.3% in the three months to the end of September. That was the smallest quarterly adjustment for the past four years but continued uncertainty is holding back a bounce in the market, according […]
The post Prime central London property market bottoms out appeared first on PropertyWire.
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