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Landlord-to-landlord sale of tenanted properties booms under Covid

By |2020-12-31T10:03:58+00:00December 31st, 2020|Company News|

An estate agency that bucks the industry trend by selling only tenanted properties to landlords says it’s had a record year. Portfolio, which specialises in selling homes with tenants remaining in situ, has just completed its third year of trading with annual revenue up 153 per cent. The Edinburgh-based agency, which operates...

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Should new HMOs have en suites to combat Coronavirus?

By |2020-12-31T10:04:04+00:00December 31st, 2020|Company News|

A councillor has called for all new HMOs to be created with en suite bathrooms, and not shared bathrooms. The call came during a debate on a planning application to turn a shopfront office and flat into an HMO because it does not feature en suite bathrooms.  The former Fine & Country estate...

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Regeneration areas tipped to be good investments for 2021

By |2020-12-31T10:04:15+00:00December 31st, 2020|Company News|

A property development consultancy is tipping five regeneration areas in England as potential good investments for the coming year. SevenCapital says they have the common denominator of being relatively modestly priced now, allowing investors in the long term to reap the benefits of high yields and capital growth. It says the five...

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Happy New Year from Landlord Today and Angels Media

By |2020-12-31T10:04:09+00:00December 31st, 2020|Company News|

Many of us will be glad to see the back of 2020 for obvious reasons. For landlords the Coronavirus crisis has been amplified by successive eviction bans and the continuing political campaigning against the private rental sector by both government and opposition parties, as well as unelected pressure groups. We can hope...

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Court backlogs and eviction curbs to dominate 2021 – Propertymark

By |2020-12-31T10:03:28+00:00December 31st, 2020|Company News|

The new chief executive of Propertymark has outlined what he sees as the main challenges for the rental sector for 2021. In a statement to the National Residential Landlords Association, Tim Balcon says: “The current ban on evictions will remain in place until the end of January, continuing to impact landlords...

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Standby for “another difficult year for lettings market” says leading agency

By |2020-12-31T10:03:33+00:00December 31st, 2020|Company News|

London agency Chestertons is warning that it’s going to be “another difficult year for the lettings market” in 2021. It says that both tenants and landlords are likely to remain under considerable financial pressure. However, there are pros as well as cons, and Chestertons says there are four key points for agents...

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Recent drop in arrears is false dawn, warns PropTech chief

By |2020-12-31T10:03:42+00:00December 31st, 2020|Company News|

Rent arrears in the private sector have actually dipped from their pandemic peak over the past two months - but they are unlikely to stay that way according to a market commentator. Neil Cobbold, the chief sales officer of PropTech platform PayProp - and a leading commentator on the rental sector...

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Happy New Year from Letting Agent Today and Angels Media

By |2020-12-31T10:03:37+00:00December 31st, 2020|Company News|

Many agents will be closed on New Year’s Day - the last Bank Holiday for some months and at the start of what may be another challenging year. We can hope for better things in 2021 but the short-term prospects for Coronavirus and lockdowns appear bleak; worse still, perhaps, the attacks...

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Insecure tenancies lead to worse Covid risks – claim

By |2020-12-30T10:07:10+00:00December 30th, 2020|Company News|

Insecure tenancies, poor housing conditions and overcrowding lead to health problems and worsen risks in the pandemic, a think tank claims. The Health Foundation says this is why the poor and those from ethnic minorities are disproportionately more likely to have Coronavirus and to have worse health outcomes as a result. “Since...

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London Mayor wants windfall tax to fund cladding removal

By |2020-12-30T10:07:14+00:00December 30th, 2020|Company News|

London Labour Mayor Sadiq Khan wants a £3 billion one-off windfall tax on private developers to fund replacement cladding on affected buildings. It is thought there may be many thousands of landlords whose flatted units are in blocks with ACM cladding. Khan says the publicly listed house builders alone have enjoyed £30...

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