Lettings
BTL purchases sink to record low as landlords leave be
Landlord purchasers accounted for just 8% of sales across the country in Q1, down from 15% in the previous quarter; 'Maybe they got a surprise when they filed their tax returns in January', says Hamptons...
‘Situation tenancies’ on the rise in virus-hit London
Concerned PCL agency estimates that up to 25,000 people could be displaced by the current crisis, and left in urgent need of short-term accommodation...
Property transactions to plummet by 38% this year, predicts Knight Frank, but PCL prices are set to surge in 2021
Over half-a-million property sales will be "lost" due to the Coronavirus lockdown, predicts Knight Frank, but prices are likely to "recover sharply" once restrictions are lifted.
Landlords in limbo: Showing compassion & meeting obligations in a time of crisis
Lawyer Elena Chrysostomou summarises the recent slew of measures brought in to support residential tenants amid the coronavirus crisis, and their wide-ranging impacts on landlords...
Covid-19 clauses let tenants defer super-prime deals
Knight Frank is writing "Covid-19 clauses" into super-prime lettings agreements, enabling tenants to secure a property but only start paying rent once the Coronavirus lockdown is lifted.
Pandemic prompts Airbnb hosts to play the long game
The number of active Airbnb listings has tanked in central London and other tourist hotspots, as owners seek out the security of long-term tenancies
PRS FAQ: Covid-19 guidance for landlords & tenants
How should private landlords, tenants and letting agents navigate new, existing and ending tenancies in the Coronovirus lockdown? The Tenancy Deposit Scheme provides some practical answers...
Rental market dynamics point to medium-term growth in London
The affordability squeeze in the sales market will continue to boost demand once normal service returns in the capital’s lettings market, writes Tom Bill
Rent guarantee insurance sales suspended
Insurers have stopped selling new rent guarantee policies, following the suspension of tenant evictions for the next three months.
Rental price inflation triples as the North-South divide widens
The average GB rent climbed by 3.3% in the year to March, says Hamptons - three times the pace seen in the previous 12 months.
Foxtons apologises after self-isolating tenant is told to vacate for a viewing
Agency admits its actions 'fell well short'
Government bans tenant evictions for at least three months
"No renter who has lost income due to coronavirus will be forced out of their home, nor will any landlord face unmanageable debts," says the Housing Secretary.