A company has launched which specialises in designing and building rooftop properties for key workers like doctors, nurses, teachers and firefighters. Arthur Kay (pictured), one of the three founders of Skyroom, has a background as an architect. He said: “We don’t necessarily have a housing crisis – we have a land crisis. If you buy […]
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Landlords in England now need to give tenants six months’ notice to seek possession through the courts, up from three. This will apply to all notices being served to both private and social tenancies from 29 August until March 2021, including Section 21s. However are some exceptions, as landlords can give four weeks’ notice to […]
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Jing Xue, chief operating officer and co-founder of DecorMatters The COVID-19 pandemic has had a profound impact on the real estate industry – delivering both new opportunities and unprecedented setbacks. While in-person viewings have been limited and the supply chain has been disrupted, the crisis has actually forced people to gain a new appreciation for […]
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Void periods were up by an average of two days across the UK from July to August, which Goodlord said reflects an easing of the ‘rush to rent’ which characterised early summer. The average void period for the UK as a whole increased from 16 days to 18 days. Just one area saw a decrease […]
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Yourkeys and ContactBuilder have announced an alliance, with the pair saying housebuilders can put their lead management and sales progression ‘on autopilot’. Yourkeys digitises the new homes sales process, from onboarding and reservation through to exchange and completion. It recently introduced a function which allows sales proceed without the customer being present in response to […]
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Property prices for first-time buyers in the UK have increased by 69% in the past decade, with the average price rising from £142,473 in 2010 to £241,025 today, according to the latest data from Halifax. In London, the average first-time buyer property has nearly doubled in price (up 98%) to £463,536, with prices in the […]
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Senior business decision makers expect COVID-19 to result in more businesses downsizing to smaller offer spaces over the coming 12 months, research by Accumulate Capital has revealed. An independent survey of more than 500 senior decision-makers at companies found that 73% expect businesses to downsize as a result of the coronavirus pandemic. Paul Howells, chief […]
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The Dundee Waterfront is the top area for landlords wanting to invest in cities with government infrastructure spending, Howsy analysis shows. Investors around the £1bn Dundee development benefit from a rental yield of 7.2%, as the typical price is £146,000 and current rents stand at £881 per month. Liverpool Ten Streets is the second best […]
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Hope Capital has launched the ‘Seventies Collection’, which comprises of two bridging loan products available for seven weeks. The HOPE 70 bridging product offers the lender’s lowest non-discounted rate of 0.70% per month, and the HOPE 75 provides its highest LTV of 75%. Gary Bailey, managing director of Hope Capital, said: “We have seen a […]
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The Mayor of London has written to more than 40 London landlords to demand they begin work to remove dangerous aluminium composite materials (ACM) cladding immediately. In a letter to building owners who have had funding applications approved but are yet to start remediation work, Sadiq Khan has urged them to ‘take all the necessary […]
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