Lettings
Government announces new protections for renters
The government has published new guidance for landlords and tenants that agents will find useful.
News
Agency
Agents who were made redundant can be rehired and put back on furlough
Anyone made redundant after 23 September could benefit from the furlough scheme extension.
Finance
Bank of England’s QE will help ensure ‘demand for mortgages remains high’
The Bank of England predicts that UK GDP will shrink by 11% for the whole of 2020.
Finance
Property remains ‘the best place to invest money’ amid uncertainty
Residential property remains a popular investment choice.
Law
No enforcement of possession orders except for the most serious cases
The government has provided clarification about the enforcement of possession cases during the second national lockdown.
Agency
Buyers and tenants undeterred by second lockdown, says Chestertons
The lockdown announcement has not been a deterrent for buyers and renters determined to move home.
Finance
Property investors plan to invest an additional £42bn by 2025
Investors in the UK’s residential investment sectors are looking to increase their exposure.
Agency
Michael Bruce urges agents to ‘embrace positive change’ as more firms commit to Boomin
Bruce says “all agents have a choice to make as we build to launch before the end of 2020”.
People
Watch: Simon Bradbury slams the ‘haters’ who post comments on Property Industry Eye
Simon Bradbury, managing director at Thomas Morris, joins Christopher Watkin to discuss the ‘haters’ who post comments on EYE.
Lettings
The rental market ‘seasonal cool off is now in full effect’
Rents dropped across the board during October.
People
Leading property journalist Sheila Manchester is ready for a career change
Everybody at Property Industry Eye would like to wish Sheila the best of luck in whatever she decides to do in the future.
People
Comings & Goings
Lee Baron appoints operations director; Valuer joins Alasdair Morrison & Partners; Savills expands engineering & design consultancy.
Compliance
Let Alliance joins forces with FCS Compliance to deliver anti-money laundering services
The new partnership will offer clients of Let Alliance access to a comprehensive range of AML services.
Finance
Equity available in UK homes now stands at almost £600bn
Property wealth continues to be an increasingly important source of later life funding.
People
Reviews site allAgents announces its 2020 ‘People Awards’ for individual agents
And the winners are...
Politics
Government confirms that the housing market will remain open during lockdown
'Estate and letting agents can operate, show homes and sales suites can remain open and property viewings, mortgage valuations and surveys can take place.'
Politics
Buying, selling and renting a home will continue ‘in a Covid secure way’
The regulations are subject to approval by Parliament.