Housing market expected to fall by up to a sixth as thousands of Britons lose their jobs By Daily Mail City & Finance Reporter Published: 01:01 BST, 13 April 2020 | Updated: 01:01 BST, 13 April 2020 The housing market is expected to fall by up to a sixth as thousands of Britons lose their … Read more
The former chief executive of Persimmon, Jeff Fairburn, and his successor David Jenkinson, will never be able to fully escape the stain of their fat cat bonuses. After a City row over Fairburn’s original payout of more than £100million, it was reduced to £82million (over two years) and Jenkinson received £43.2million. The final insult was … Read more
From jobs to leisure, household finances and housing, it seems hardly anything is left untouched by coronavirus, writes Sarah Bridge. Here, we ask a panel of experts to answer some of your many questions to help you get through these tough times. SUPPORT FOR SMALL BUSINESSES Russ Jones writes: ‘I have a small business which … Read more
If you’re trying to move house and are unsure how the Government’s announcement will affect you, removal quote provider Reallymoving has put together the following advice: Securing a mortgage · Be prepared to provide evidence of job security, something banks will be checking even more closely than usual. · With surveyors currently unable to carry … Read more
Homeowners who are facing financial difficulty because of the coronavirus pandemic have been offered a vital lifeline. They were told last week that they would be able to take a so-called mortgage holiday where they can suspend repayments for up to three months. But what does this mean and how much will it cost in … Read more
Chaos for the housing market as banks stop mortgage lending and Michael Gove tells home-buyers ‘don’t exchange contracts’ Michael Gove urged people to stay put and not move house during pandemic Lenders have also stopped mortgage lending, throwing housing market in chaos Moving companies are cancelling jobs during crisis, making moves impossible Coronavirus symptoms: what … Read more
Housing market looks set for spring surge as January sees highest level of property sales for two years House transactions were 5.2% higher than in January last year, HMRC said Some 102,810 home sales transactions were recorded last month But the figures reflect sales agreed in September and October as transaction figures only settle after … Read more
Government’s Green housing plan under fire as developers claim it is ‘unworkable’ By Matt Oliver For The Daily Mail Published: 21:54 GMT, 6 March 2020 | Updated: 21:54 GMT, 6 March 2020 Government plans for a ‘green housing revolution’ are unworkable, developers have warned. Ministers want tough standards to slash the carbon footprint of new … Read more
US private equity giant Blackstone snaps up student housing firm IQ in £4.7bn deal By Matt Oliver For The Daily Mail Published: 21:50 GMT, 26 February 2020 | Updated: 21:50 GMT, 26 February 2020 Private equity giant Blackstone has snapped up a student housing firm for £4.7billion in one of the UK’s biggest ever property … Read more
Landlords will have to take responsibility for Britain’s ONE MILLION hazardous buy-to-let homes in crackdown on unsafe conditions New rules will mean tenants can sue landlords if their homes are unfit to live in Some 1m properties are currently considered having ‘category 1’ hazards This means they present a ‘serious risk to a person’s health … Read more