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Rishi Sunak has outlined additional government support to businesses and workers impacted by coronavirus with a package of measures that will continue to protect jobs and help businesses through the uncertain months ahead as the spread of the virus is tackled. The package includes a new Jobs Support Scheme to protect millions of returning workers, extending the Self Employment Income Support Scheme and 15% VAT cut for the hospitality and tourism sectors, and help for businesses in

Responding to the Chancellor’s Winter Economy Plan, Chris Norris, Policy Director for the National Residential Landlords Association, said: “We welcome the Government’s measures to subsidise wages. We warned that the end of the furlough scheme ran the risk of many households facing further difficulties in paying their rents. Today’s announcement is an important first step to prevent this. “That said our research still shows that private landlords across England have f

A self-made North East property entrepreneur has launched a new consultancy and podcast in a bid to help other would-be developers on the road to a property career. In estate agent Tony Fairs' podcast Property Talk on the Tyne, he will share his own tips from inside the industry, plus cautionary tales from new developers on their own journey and insight from billionaire big hitters with huge portfolios. The first edition features an interview with Rich List member Alfie Best whose

The latest research from Howsy, has revealed that since lockdown (March), average rent levels have dropped in seven out of 10 areas of England and Wales. Howsy looked at the average rent paid between the start of the year and lockdown and found that on average, the cost of renting had climbed 2% with just the South West (-0.5%) seeing a drop. The East Midlands and the North East had seen the most significant increases, up 4.4% and 4.1% respectively. The North West (2.2%), Londo

In a Hm Treasury press release Rishi Sunak is taking credit for house sales rising 15.6% in August following the introduction of the stamp duty holiday. However, Rishi does not point out that HMRC annual sales figures are down 23.9% and a great deal of the August increase can be account for by pent-up demand releasing since lockdown....

Renters affected by coronavirus will continue to be protected after the government extended the ban on evictions for another 4 weeks, meaning in total no legal evictions will have taken place for 6 months, Housing Secretary Robert Jenrick has announced on 21 August 2020....

Finally, the courts officially reopened, after six months of suspension. Some cases on possession matters will be prioritised including: Anti-Social Behaviour, Domestic Violence and Rent Arrears totalling over a year. We suspect there are about 55-60k possession cases in the court system now...

Benham and Reeves, has revealed the best boroughs for student rental demand, despite predictions of a rental market decline due to a lower level of students heading to the capital. London’s higher education providers accommodate 16% of the UK’s university students each year...