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Plans submitted for a new BTR development in Leeds

By |2020-07-10T10:04:00+00:00July 10th, 2020|Company News|

A planning application has been submitted by DPP for a Build to Rent scheme at Flax Place in Leeds, on behalf of Galliford Try Investments. The application, which relates to land off Flax Place to the east of Leeds city centre, will see the creation of two tower buildings of 15...

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Brighton development to benefit from seaside and stamp duty surge

By |2020-07-10T10:04:18+00:00July 10th, 2020|Company News|

A new work-and-live project in Brighton is hoping to capitalise on the spike in people looking to move to coastal areas as a result of the Covid-19 lockdown. Edward Street Quarter is a new community in east Brighton which is aiming to become the centre for creative and commercial innovation in...

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Lessons of lockdown – Places for a changing world

By |2020-07-10T10:04:15+00:00July 10th, 2020|Company News|

As the UK gradually starts to emerge from lockdown, the reflective mood it has created is likely to continue in the property sector, as the nature of what people are looking for from their homes and wider spaces has changed radically. From the increased demand for outdoor space, to the anticipated...

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BTL landlords will benefit from £2bn home insulation scheme

By |2020-07-09T10:02:59+00:00July 9th, 2020|Company News|

The new £2bn grant scheme in England for projects such as insulation, unveiled yesterday by the chancellor Rishi Sunak as part of a wider £3bn plan to cut emissions, initially did not appear to include homes in the private rented sector.  Hundreds of thousands of homeowners will receive vouchers of up to...

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Leading Tory speaks up for agents, landlords and the rental sector

By |2020-07-09T10:02:42+00:00July 9th, 2020|Company News|

A senior Conservative peer and consumer campaigner has written an article strongly defending the private rental sector, agents and landlords. Baroness Altmann of Tottenham - who as Ros Altmann is well known as an expert on pensions, social care and later life issues - writes on the Conservative Home website that while...

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Typical buy to let investor set to save almost £2k thanks to Sunak

By |2020-07-09T10:02:44+00:00July 9th, 2020|Company News|

The research department of Countrywide’s Hamptons International brand says the stamp duty holiday introduced yesterday on homes selling for £500,000 or less is likely to save the typical BTL investor approaching £2,000. It says only one three per cent of investors buy about the £500,000 threshold, so most will benefit; and...

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Campaigning Baroness slams Sunak over possible “mass homelessness”

By |2020-07-09T10:02:51+00:00July 9th, 2020|Company News|

Former Labour Baroness Alicia Kennedy, the new director of the campaign group Generation Rent, claims 500,000 renters are in arrears as a result of the Coronavirus pandemic. She says: “While support for jobs is welcome, people are struggling to put food on the table now and face the threat of losing...

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£40,000 fines for unlicensed HMOs as council hunts for offenders

By |2020-07-09T10:02:49+00:00July 9th, 2020|Company News|

Four buy to let investors have each been fined £10,000 for letting out unlicensed HMOs. The unlicensed properties , all in the Greenwich area, include a two-bedroom HMO rented to four separate tenants, a five-bedroom HMO rented to seven separate tenants, and two separate three-bedroom HMOs.  A council spokeswoman says: “Every single person in our...

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It’s not over yet – new guidance for agents in still-restricted Wales

By |2020-07-09T10:02:47+00:00July 9th, 2020|Company News|

While England’s housing market is almost fully operational, within social distancing guidelines, there are still some restrictions in Wales. Now the Welsh Government has updated its information for agents and tenants with regards to repairs.  The guidance says that throughout the pandemic period landlords and agents remain responsible for keeping properties in...

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Buy-to-let landlords welcome stamp duty cut

By |2020-07-09T10:03:02+00:00July 9th, 2020|Company News|

Yesterday’s summer statement provided a much welcome boost for buy-to-let landlords who stand to benefit from the stamp duty holiday.  The levy has been scrapped immediately for all homes under £500,000, to kickstart the stalled housing market and galvanize the flagging economy.  Rishi Sunak said the move would benefit nine in ten...

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