Business
Virus fallout ‘will put significant pressure on supply chains’ but could quell rising construction costs
"When we come out of this, we may well end up working differently, and many [building] companies where they are able will look to significantly shorten supply lines," says Knight Frank.
‘Now is a great time’ to become a luxury property agent, claims major estate agency
"With the market currently on hold, this is the ideal time for experienced estate agents to relook at their opportunities" says Fine & Country.
Rightmove suspends house price index over lack of new listings
"Given the lockdown and pausing of key activities in the housing market, statistics on the number of properties coming to market, new seller asking prices, and new sales agreed are not meaningful," says…
More UK property firms in dire financial straits
Real estate worst hit of all 22 sectors covered by Begbies Traynor's quarterly Red Flag Alert survey
Lockdown until August would hit revenues by 78% – Foxtons
High-profile London estate agency furloughs 750 staff and announces proposed placing to help it avoid a potential 'liquidity gap'
Updated Covid-19 guidance for the property sector
A collection of the latest rules and resources for businesses, local governments and high net worth individuals from the Government and from Mishcon de Reya.
Reader Survey: How is Covid-19 affecting the property market and your business?
As the Coronavirus lockdown continues in the UK, PrimeResi wants to hear from industry insiders about how restrictions are affecting the property market and businesses.
Agency boss calls for furlough pay scheme extension, or ‘tough decisions’ will be made at the end of May
Many estate agents are "at risk of losing their livelihoods if the government does not extend the job retention scheme past the end of May", warns Jon Cooke of epropservices.
Winkworth bucks the trend to make dividend payments
Estate agency's Q1 shareholder payout will be lower than last year, "reflecting the element of caution required as a result of the Covid-19 crisis".
Zoopla owner backs Airbnb, as holiday platform amps up long-term rental offering
Short-term rental platform secures $1bn investment; reveals a plan to "focus on long-term stays".
Savills has put through £146m of London land deals since the lockdown
A small number of domestic and international buyers remain active in the capital, reports the agency
OnTheMarket furloughs a fifth of its staff amidst cash-conserving measures
Property portal outlines a suite of cash-preservation measures designed to help it through the Coronavirus crisis.