Format: News
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...
HNW mortgage lenders move to remote valuations to keep super-prime markets moving
"Private banks once opposed to accepting remote and desktop valuations began tentatively changing their approach this week in a move that could stem sharp declines in prime property market activity," says…
Nuclear-proof LA mansion with rooftop tennis court lists at $30m
Once rented by Prince, this 1953 estate is the stuff of Hollywood real estate legend
Lenders have now pulled half of all home-buyer mortgage products
Banks have shelved around half of their mortgage products in the least few weeks in response to the Coronavirus crisis and 0.25% interest rate.
Zoopla extends Coronavirus freebie offer to five months
Property portal confirms a two-month extension to its free usage period for agents affected by the Covid-19 lockdown.
NYC apartment sells for over $50m mid-lockdown
Buyer with nerves of steel signs on the dotted line for a full-floor unit at 220 Central Park South
Foster + Partners designs reusable visor for mass production
World famous architecture practice hopes its design nous can help the fight against Covid-19
Property sales have slumped by 70% since the lockdown
Transaction numbers have plummeted since the start of the Coronavirus lockdown, but homes continue to be listed for sale, says Zoopla.
Prime London’s property market was surging before the lockdown
Prime Central London saw its fastest quarterly rate of property price inflation in five years in Q1, before the Coronavirus hit.
Deal sealed on £7m townhouse in Little Venice
'There is an appetite from purchasers looking for value in these extremely difficult times', reports agency
Commission can now be included in furlough pay calculations
"Compulsory commission payments" can now be included in furlough pay calculations for the Government's Coronavirus Job Retention Grant Scheme
UK construction activity plummets
IHS Markit's closely-watched purchasing managers’ index saw its biggest fall on record last month, resulting in the lowest reading since April 2009