Investment bank RBC Capital has downgraded its rating of Rightmove and is warning that the property market is entering a prolonged downturn with agency closures on the horizon. The bank has cut Rightmove’s share price target… Rightmove downgraded as bank warns of agency closures accelerating
Agency using ‘Covid Clauses’ to keep transactions on course
An estate agency says it’s using so-called Covid Clauses in contracts to keep transactions on course.
Estate agents’ offices will be in the first category of High Street premises to reopen when the lockdown finally ends, newspapers claim this morning. Although there is a widespread expectation that the lockdown will be extended for… Good News: Estate agents’ offices will be first to reopen says newspaper
Agents Jobs At Risk: furlough scheme must be longer says industry chief A high number of agents across the country have been furloughed in recent weeks and are now at risk of losing their… Agents Jobs At Risk: furlough scheme must be longer says industry chief
Searches: councils slammed as dangerous over face-to-face visits A trade body has reported some council search departments to the government for refusing to provide email details and forcing search agents to have face-to-face meetings.… Searches: councils slammed as dangerous over face-to-face visits
The controversial Help To Buy scheme looks likely to be expanded in breadth and extended in duration to help kick-start the housebuilding industry after the lockdown. Currently the scheme helps buyers of new build… Love it or loathe it? Help To Buy to be beefed up after lockdown
Two agents have quit Rightmove and taken to social media to give their reasons.
On April 4, EAT published a piece titled: ‘It’s 2024: what will the industry look like, post corona-virus’. To me, this was a completely irrelevant article and there was simply no point in reading it – although well over 3,500 of you have done so.
What is thought to be the first survey of sellers since the start of the Coronavirus outbreak suggests that they anticipate a five-month delay to their plans.
Landlords are eligible for three-month mortgage payment holidays But should you offer tenants who are working from home a payment holiday? Does offering a rent holiday place you in breach of your mortgage contract? What… How to keep your buy-to-let afloat AND help tenants in the lockdown: From rent cuts to mortgage holidays?
