Coronavirus
RICS calls for Stamp Duty holiday as surveyors anticipate property market freefall
"These are exceptional circumstances," warn surveyors, "and the Government will need to consider all avenues that could feasibly rebuild confidence, bridging the gap between uncertainty and recovery.
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.
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.
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.
Best Laid Contingency Plans: Considerations for business directors in a challenging financial climate
Some sage advice for business leaders in tough times from Blair Nimmo, KPMG's UK Head of Restructuring and Global Head of Insolvency.
Sales folk call for commission to be included in furlough pay scheme
A petition calling for commission to be included in the Government's Coronavirus Job Retention Scheme has gained significant traction.
Chelsea property firm offers all its vacant residential units to NHS staff, for free
Martin's Properties has offered all its vacant residential properties to NHS staff for free during the Covid-19 crisis, fully furnished by Carol Anne Designs.
China’s property market ‘springs back to life’ as Coronavirus crisis eases
Residential property sales in 30 major Chinese cities have bounced back to exceed pre-Coronovirus levels, reports the South China Morning Post.
How Dexters has responded to the Coronavirus lockdown
London's biggest independently-owned estate agency, Dexters, faced criticism for keeping some staff in branches on the first day of the Covid-19 lockdown last week.
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.
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...