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Give tenants power to trigger energy improvements – Generation Rent

By |2020-07-31T10:02:42+00:00July 31st, 2020|Company News|

Campaign group Generation Rent says private tenants could miss out on an energy efficiency drive if they are not given the right to demand improvements to the properties they live in. In a warning letter sent to energy minister Kwasi Kwarteng the campaign - which is led by Baroness Alicia Kennedy...

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Never Knowingly Let – John Lewis moves into Build To Rent

By |2020-07-31T10:02:53+00:00July 31st, 2020|Company News|

Tenants who want to pop downstairs to the shop may soon be able to do so - thanks to the John Lewis Partnership. The company is exploring the possibility of converting some of its retail estate to private rented housing as part a strategy to regrow the business in the wake...

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It can be done! Agency business well up on 2019 despite virus crisis

By |2020-07-31T10:03:20+00:00July 31st, 2020|Company News|

One of the country’s biggest lettings agencies is reporting that both revenue and operating profit are “comfortably” up on 2019 levels despite the Coronavirus crisis. Belvoir reports that since restrictions on the housing sector were lifted in mid-May, there has been a surge of activity due to pent-up demand. While its franchise...

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Tenants numbers up as lettings market bounce back continues

By |2020-07-31T10:03:12+00:00July 31st, 2020|Company News|

The number of new prospective tenants has risen markedly according to figures from ARLA Propertymark. In June - the latest data available - the average branch registered 79 new tenants compared to 70 in May. Year-on-year, this figure is the highest recorded by ARLA for the month of June; in 2019 the...

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London is sixth most expensive city in the world for renting

By |2020-07-31T10:03:03+00:00July 31st, 2020|Company News|

A survey of 34 world cities suggests that London ranks sixth when it comes to the cost of renting. The study, by jeweller service Purely Diamonds, produces this league table of average monthly rents: 1. New York City - £4,817.72; 2. Los Angeles - £3,840.07; 3. Venice - £3,386.36; 4. Las Vegas - £3,066.51; 5. Miami [...]

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Development round-up: Notts scheme closer, new PBSA site in Edinburgh

By |2020-07-31T10:04:30+00:00July 31st, 2020|Company News|

One of the biggest city centre regeneration schemes in the UK moved a step closer last week (July 24) as a planning application for the first phase of The Island Quarter development was submitted to Nottingham City Council. Phase 1A, known as Canal Turn, is set to include a three-storey, 2,000...

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An increase in tenant demand puts upward pressure on rental values

By |2020-07-31T10:03:45+00:00July 31st, 2020|Company News|

Almost three in 10 letting agents saw landlords  increasing rent in June in response to high demand from prospective renters, new research shows.  Some 29% of agents witnessed landlords increasing rent last month, according to new figures from ARLA Propertymark. The number of prospective tenants  hit an all-time high for the month...

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London set to remain a top investment location post-pandemic

By |2020-07-31T10:04:38+00:00July 31st, 2020|Company News|

The capital’s overall appeal as a top investment destination remains undimmed, according to the first major poll of global investors since the start of the Covid-19 crisis. The research, conducted by FTI Consulting for the City of London Corporation as part of a global investor intentions survey, found that 99% are...

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Property viewings: BTL landlords urged to ‘up their game’

By |2020-07-31T10:03:53+00:00July 31st, 2020|Company News|

Clutter and mess are among the most off putting things when looking at a potential new home, according to new research.  A survey of 2,000 UK adults commissioned by Mashroom revealed some of the issues that turn prospective renters away from putting an offer in on a property.  Almost half of Brits...

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Q&A – should investors be building upwards?

By |2020-07-31T10:05:06+00:00July 31st, 2020|Company News|

In his ‘Build, Build, Build’ speech in Dudley last month, Boris Johnson set out a number of radical planning reforms. This included the confirmation of the extension of permitted development rights to make it easier for people to build upwards. In March, housing secretary Robert Jenrick said in the Ministry of...

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