Two thirds (66%) of London tenants say affordability is the most important factor when they’re looking to rent. Unsurprisingly three in five (58%) believe outdoor space is now more important. The research comes from Kinleigh Folkard & Hayward’s Annual Tenant Barometer. Carol Pawsey, group lettings director at KFH, said: “The pandemic has not only changed […]
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Eight in 10 (84%) homeowners are planning to make their property more ‘green’ in the coming year, with reducing energy bills a key motivation, new research from plumbing and heating trade supplier City Plumbing has revealed. Last week the government extended the Green Homes Grant scheme until March 2022, giving homeowners longer to make the […]
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Property group Belvoir has called for the government to introduce a loan scheme for tenants to stand alongside protections for homeowners. In Wales tenants can apply for the Welsh Government Tenancy Saver Loan Scheme, which enables tenants to apply for loans with a 1% APR, which are paid directly to landlords and agents, which can […]
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The number of people purchasing sound insulation has hit an all-time high, driven by people installing products to dampen the sound of noisy neighbours. The West Midlands manufacturer, efoam.co.uk has seen a 240% increase in sound insulating foam sales this year. The top 20 cities for purchasing soundproofing are London, followed by Birmingham, Manchester, Glasgow […]
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Forcing landlords to carry out checks on the immigration status of potential tenants is encouraging and even facilitating racial discrimination, according to City law firm, Bates Wells. The Home Office is launching an online service on 25 November to streamline the process. However Bates Well believes this will increase publicity around the checks, resulting in […]
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Simon Conn (pictured) is a financial adviser specialising in overseas property An increasing number of lenders and insurers are using online activity, including social media posts and profiles, to help them make judgements about the suitability of applicants. Is it time to take more care managing your social media profiles? Increasingly, lenders are now cross-referencing […]
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Equiem has completed the rollout of the market’s first leasing analytics dashboards to directly inform leasing and retention strategies. The dashboards are designed to help owners segment and profile individual tenants, understand their past behaviours, anticipate their future needs and formulate tailored engagement strategies aimed at long-term retention. Gabrielle McMillan, chief executive of Equiem, said: […]
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Estate agency chain Connells has reiterated the details of its £82m takeover bid for fellow estate agency group Countrywide. The company said it has completed due diligence work, with the offer being 250p per share. Countrywide is being offered £90m of investment from private equity company Alchemy Partners. However Connells said this isn’t enough, while […]
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Bluestone Mortgages has reverted its maximum loan-to-value to 85% across its residential and buy-to-let ranges. This brings its maximum LTV back to pre-Covid levels. Reece Beddall, head of sales & marketing at Bluestone Mortgages, said: “Today’s news is testament to the work of the Bluestone team and the support of our funders and intermediary partners. […]
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Portfolio management platform Lendlord has launched a ‘finance hub’, delivering tailored and automated finance recommendations to landlords based on their own personal circumstances and portfolio profile. The finance hub provides automated recommendations for financial products including buy-to-let mortgages and remortgages, bridging finance, secured loans, revolving credit for portfolios, commercial finance and landlord insurance. Users can […]
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