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Labour calls for rent payments to be scrapped for three months

By |2020-03-30T10:03:02+00:00March 30th, 2020|Company News|

Labour is urging the government to permit private tenants who are struggling to pay their rent due to the coronavirus epidemic to be exempt from paying their landlord for three months. Many renters are being “driven to destitution” by the existing situation, according to outgoing shadow chancellor John McDonnell.  Plans announced earlier this...

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New guidance issued on rent, evictions and maintenance

By |2020-03-30T10:02:52+00:00March 30th, 2020|Company News|

The government issued further guidance on the private rental sector over the weekend. The new 21 page document - a link to which is at the bottom of this story - pulls together for the first time the ad hoc information on various regulations that have changed in the past week. Measures...

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Lettings agency apologises after rent letter misinterpreted

By |2020-03-30T10:02:54+00:00March 30th, 2020|Company News|

A lettings agency has given a full apology after a letter - not approved by the company - was sent out in its name after the start of the Coronavirus outbreak. Over 500 renters were sent a letter warning "NO RENT PAYMENT HOLIDAYS" by Peter Large estate and lettings agency in...

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Yields strong in most UK areas as supply of rental stock falls

By |2020-03-30T10:03:04+00:00March 30th, 2020|Company News|

Rents continued to rise year-on-year in March while the number of homes available to let fell, according to the latest data from Home.co.uk.  Figures from the property website reveal that the supply of rental housing stock on letting agents’ books fell by 15% in March compared with the same month last...

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Ex-Purplebricks boss waives fee for agents joining franchise scheme

By |2020-03-30T10:02:59+00:00March 30th, 2020|Company News|

The former operations director at Purplebricks says he is waiving fees for letting agents who want to join his new online franchise operation, called Accommodation. The usual £4,995 start-up fee is being waived, according to Howard Russell, who says: “We feel for all those whose jobs have been lost as a...

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Conquering Corona – more guidance and special deals for agents

By |2020-03-30T10:02:57+00:00March 30th, 2020|Company News|

Hello, and we trust you had as good a weekend as possible in these difficult circumstances.  As we start a new week please remember - we’re here to help you on a daily basis with appropriate advice and guidance for the industry. If you have information to share, please email us...

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Coronavirus impact – property owners shifting from short to long-term letting

By |2020-03-30T10:03:12+00:00March 30th, 2020|Company News|

The Covid-19 outbreak has impacted all industries, including the whole of the property sector, but the short-lets market has perhaps been harder hit than most thanks to the restrictions on travel, holidays and business trips. As a result, property owners are shifting from short to long-term letting as the coronavirus hits...

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Lettings sector guru Shamplina backs longer possession notice

By |2020-03-30T10:02:55+00:00March 30th, 2020|Company News|

Paul Shamplina, the founder of Landlord Action and star of a Channel 5 programme on evictions, says he fully backs the extended notice period required for possession during the Coronavirus outbreak. From the end of last week, the emergency Coronavirus Act extended the notice period required for possession using Section 8...

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Q&A – the highs and highs of investing in the PCL market

By |2020-03-30T10:03:14+00:00March 30th, 2020|Company News|

In this Q&A, we catch up with Dean Main – founder and major shareholder of luxury residence management company, Rhodium – about the success of the prime central London (PCL) market, the future of Rhodium, and dealing with high-profile investors, including the Monaco Royal Family. Tell us a bit about your...

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The government made ‘the right decision’ to ban evictions – ARLA Propertymark

By |2020-03-30T10:03:09+00:00March 30th, 2020|Company News|

The government’s decision to suspend all ongoing housing possession actions, which means that neither cases currently in the or any about to go in the system can progress to the stage where someone could be evicted, has been welcomed by ARLA Propertymark.  This suspension of housing possessions action will initially last for...

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