Research has revealed that the majority of private landlords have been supportive of tenants experiencing difficulties due to coronavirus. The National Residential Landlords Association surveyed over 4,500 landlords. Their research revealed that 90% of landlords responded in a positive way to tenants asking for support. Most...
Some fascinating analysis by Mike DelPrete, a global real estate tech strategist, has shown how property markets across the world have reacted to different lockdown situations. The findings reveal that the longer and more restrictive the lockdown, the more rapid the housing market bounce back. Countries with...
This week, the property market in England reopened for business after being in lockdown since March. 373,000 property transactions were put on hold due to Covid-19 restrictions, according to Zoopla. But now things can get moving again, although perhaps at a slower pace due to social...
Investing in commercial retail property is all about timing. With so much uncertainty over when Covid-19 restrictions will be lifted, you may feel now isn’t the time to embark on a retail venture. However, it is a good time to do your research, look at available...
The property market’s buoyant start to the year has come to an abrupt halt due to the current lockdown. In February of this year, mortgage approvals for house purchases had risen to 73,546 – the highest level since January 2014, according to Bank of England data....
Many asset managers have suspended trading of their open-ended property funds due to material uncertainty about asset prices during the coronavirus lockdown. Hopefully, this is a short-term measure. But let’s look at why it’s happened and the impact on investors. Why has trading been suspended in these funds? The...
According to finance experts, Moneyfacts, nearly a third of all mortgage deals have been pulled from the market in just three weeks. On 31 March, there were approximately 3,654 residential mortgage deals on offer from banks and building societies in the UK. That’s 1,585 fewer...
The impact of COVID-19 is being felt by every industry around the world. And while current focus is on protection and containment, there will come a time when we can start to look ahead to renewed activity. For property investors, it’s a case of sitting tight...
With concern that coronavirus could be easily spread in the busy environment of a construction site, an increasing number of construction firms are stopping work. Government guidelines state that construction work can continue if workers are two metres apart. However, some construction companies feel that this...
Just as we were seeing a bounce back in the property market following last year’s general election, things have come grinding to a halt. Zoopla Cities House Price Index Report revealed that demand from buyers over the seven days to 22 March was down 40% on...