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Renters should ‘know if their landlord has benefited from a mortgage holiday’

Landlords who have benefited from a mortgage holiday should pass this on to financially distressed tenants, according to Mary-Anne Bowring, group managing director at Ringley, which manages thousands of homes across the UK. Bowring wants to see renters who are strugg...

Read    30/04/2020

Calls for landlords to pass on mortgage holiday support to renters - Mortgage Introducer

Landlords who have benefited from a mortgage holiday should pass this on to financially distressed tenants, according to Mary-Anne Bowring, group managing director at Ringley, which manages thousands of homes across the UK. In March the government confirmed that land...

Read    30/04/2020

Calls for landlords to pass on mortgage holiday support to renters

Landlords who have benefited from a mortgage holiday should pass this on to financially distressed tenants, according to Mary-Anne Bowring, group managing director at Ringley, which manages thousands of homes across the UK. In March the government confirmed that land...

Read    30/04/2020

Call for struggling tenants to benefit from landlords’ mortgage payment holiday

Renters waiting for income support or not covered by government schemes should see a reduction in their rent if their landlord has secured a mortgage holiday and they risk breaching affordability criteria, the boss of one of the UK’s leading residential property cons...

Read    30/04/2020

How have valuations changed since lockdown, and what is the impact of this change?

The unprecedented situation we are in means accurate valuations are now practically impossible. The system was already under pressure, with RICS carrying out a review into potential conflicts of interest amongst valuers, but the shutdown throws up obvious issues with...

Read    30/04/2020

Demand from tenants bounces back

After falling by 57% in the last two weeks of March, Zoopla’s Rental Market Report has found. Seeing as the sales market was hit by a 70% fall in buyer demand, Zoopla suggested people were looking to rent rather than buy owing to the current situation. Annual rental ...

Read    30/04/2020

Minimum wage increase threatens to push up service charges

According to property management business Ringley, the national minimum wage (NMW) increase for 2020, from £8.21 to £8.72 for employees over 25, could result in higher service charges for tenants. Following the pay rise of 6.2%, the highest since the introduction of ...

Read    30/04/2020

Coronavirus shock shows TfL right to diversify into Build to Rent

Facing a potential £500m loss thanks to the mass disruption caused by COVID-19, Transport for London (TfL) has asked the government for financial assistance to help plug the gap left by falling passenger numbers. Stern warnings telling the public to avoid non-essenti...

Read    30/04/2020

Government confirms new steps to further reform building safety

The government has confirmed that big changes will be made to building safety.New measures include mandatory sprinkle systems and consistent wayfinding signage. This will be in all new high-rise blocks of flats over 11 metres tall. In his statement, Housing Secretary...

Read    30/04/2020

Property industry welcomes 'the biggest change in building safety for a generation'

The steps announced include mandatory sprinkler systems and consistent wayfinding signage in all new high-rise blocks of flats over 11 metres tall. The government consulted on its proposals for a new building and fire safety system based on Dame Judith Hackitt’s revi...

Read    30/04/2020

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