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Hackney adds a £50k Social Housing contribution from developers!

In discussion with a planner, I was notified that the latest local plan had been recently approved. The plan includes a charge of £50k for every new dwelling approved by the London Borough of...

Rishi Sunak takes a bow

In a Hm Treasury press release and Rishi Sunak are taking credit for house sales rising 15.6% in August following the introduction of the stamp duty holiday. However, Rishi does not point out that...

Property sale fall throughs costing sellers £607.5m a year

Mortgage issues, gazumping, survey faults or a chain-breaking, there are many reasons why a property sale can collapse. Click here to read the original content Author: Legal Notice: This content does not belong to Midlands Property...

London’s student landlords could lose £65m per month to Covid-19

The ongoing pandemic is causing travel restrictions and broader health implications for universities. In fact, it's predicted that the number of students heading to London this term will drop by as much as -24%. Click...

Macbryde Homes bought by MD

Macbryde Homes has been sold to its managing director Gwyn Jones and finance partner Bridgemere UK - whose chairman is Redrow founder Steve Morgan – with the business targeting growth. Click here to read the...

The UK’s most profitable cities for BTL landlords unveiled

Salford has been identified as the most profitable buy-to-let city for landlords, according to research by CIA Landlord.  The study found that property in Salford commands an average price of £173,311 along with an average...

New partnership aims to help landlords regain possession of their properties

Landlord Action and the Property Redress Scheme, both part of the Hamilton Fraser group, have teamed up to help buy-to-let landlords regain possession of their properties.  They are offering landlords who start eviction proceedings, through...

Council introduces fresh strategy to improve conditions for private tenants

A new strategy has been launched today by Westminster City Council to help raise standards for tenants who rent privately.  Westminster, which has the largest number of private rented sector (PRS) properties in England with...

Foundation reduces buy-to-let rates

Foundation Home Loans has cut its buy-to-let rates across all product tiers and property types. Foundation’s 80% loan-to-value (LTV) two-year fix has been reduced from 4.29% to 4.09% and is available to F1 borrowers. Looking to...

Evictions Ban extended 4 weeks and 6 month notice periods until at least 31...

Renters affected by coronavirus will continue to be protected after the government extended the ban on evictions for another 4 weeks, meaning in total no legal evictions will have taken place for 6 months,...

Cover up! Face coverings will be required in agents’ offices

Tougher rules and fines in government's bid to stem the Covid tide Click here to read the original content Author: EYE Correspondent Legal Notice: This content does not belong to Midlands Property Group Limited or any of...

Are you working hard enough? Analysis reveals how agency hours compare with other professions

Agents clock up an average of 32 hours per week Click here to read the original content Author: Marc Shoffman Legal Notice: This content does not belong to Midlands Property Group Limited or any of our subsidiaries...

The Top 35 Most Influential People in Property – Episode 8

Numbers 13,14, and 15 in the list of those who influence the industry Click here to read the original content Author: EYE Correspondent Legal Notice: This content does not belong to Midlands Property Group Limited or any...

August property transactions continue to lag behind 2019 levels

There were 16.3% fewer UK property transactions in August compared to the same period in 2019, HMRC statistics show. There were 81,280 residential property transactions in August, which still represented an increase of 15.6%...

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