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Light at the end of the tunnel for short-term lets as bookings ‘skyrocket’

By |2020-06-05T10:03:54+00:00June 5th, 2020|Company News|

After being hit particularly hard by the Covid-19 pandemic, the global short-term lets sector is starting to recover. New analysis from rental data firm AirDNA shows that activity is starting to bounce back to pre-pandemic levels, with bookings on Airbnb and Vrbo climbing by 127%. Worldwide, new bookings (for any date in...

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Accord Buy To Let relaunches product range at up to 80% LTV

By |2020-06-05T10:03:36+00:00June 5th, 2020|Company News|

Accord Buy To Let’s mortgage offering is now back to pre-coronavirus levels, with products available at up to 80% loan-to-value (LTV) for both purchase and remortgage. The buy-to-let lender has returned to offering its full range of LTV products following the forced changes at the end of March. Available from today, new...

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Old Kent Road scheme gets the go-ahead from Southwark Council

By |2020-06-05T10:03:52+00:00June 5th, 2020|Company News|

The green light has been given by Southwark Council to developers Avanton and Urban & Provincial for the £130 million (GDV) redevelopment of a former Carpetright warehouse. The warehouse, located at 651 Old Kent Road, will be transformed into new homes, of which 40% are set to be affordable housing. Developed in...

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New Ombudsman will enable TPO to ‘raise standards in the industry’

By |2020-06-05T10:03:34+00:00June 5th, 2020|Company News|

The Property Ombudsman (TPO) has announced that Rebecca Marsh, the existing chief ombudsman at the Legal Ombudsman, will become the new Property Ombudsman later this year.  From October 2020, Marsh will take up the role of Ombudsman at TPO, taking over from her predecessor Katrine Sporle, whose five-year contract comes to...

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Homebuilding & Renovating Summer Show goes virtual for first time ever

By |2020-06-05T10:03:50+00:00June 5th, 2020|Company News|

Although the world as we know it might have changed since the pandemic, people’s plans to build or improve their homes are still going strong. A recent survey conducted by the Homebuilding & Renovating Show found that 94% of the respondents are continuing with their home improvement projects in the next...

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‘King and Queen of Buy To Let’ said to be worth a cool £140m

By |2020-06-04T10:02:31+00:00June 4th, 2020|Company News|

The so-called King and Queen of Buy To Let, the controversial husband and wife team of Fergus and Judith Wilson, are reported to be worth some £140m. Insider Media publishes an annual Rich List of wealthy individuals based in the south east of England and puts the Wilsons at number 28. The...

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Properties seized from landlord who held group of men as slaves

By |2020-06-04T10:02:33+00:00June 4th, 2020|Company News|

A buy to let investor who kept a group of men as slaves – making them work 90-hour weeks in return for takeaway food and alcohol – has now been ordered to pay back a total of £275,000 for his crimes. Landlord Hargit Singh Bariana, who operated in Blyth, is currently...

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London locations flop in league table of good buy to let returns

By |2020-06-04T10:02:38+00:00June 4th, 2020|Company News|

An analysis of buy to let returns from mortgage lender Mojo has produced a league table with no London locations in the top 20 postcodes.  Using information from HM Land Registry, Zoopla, OnTheMarket and property data portal PropertyData, the lender says that the north of England dominates the league table.  In Liverpool...

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Council warns rental sector after “scary” fire at HMO

By |2020-06-04T10:02:35+00:00June 4th, 2020|Company News|

A local council is warning the HMO rental sector that tenants may be put at unnecessary risk as a result of fire precautions not being in place or being kept up to date. The fire, which occurred on May 18 in the roof of a three-storey HMO, was brought under control...

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Labour MP calls for extension to evictions ban

By |2020-06-04T10:02:45+00:00June 4th, 2020|Company News|

A Labour MP has called for the ban on evictions to be extended until later in the year, as renters fear a significant increase may take place once current restrictions are lifted. The ban on new eviction proceedings against those renting “simply must be extended”, according to London-based MP Tulip Siddiq. She...

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