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The competition watchdog has warned four of the country’s biggest housebuilders that it could take them to court after it found evidence of unfair terms in contracts with homebuyers, and potential mis-selling
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Some of the UK’s biggest agency firms have delayed their 2020 graduate programmes until at least early in the new year as a result of the Covid-19 pandemic.
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Occupier leasing in Central London tumbled by 57% across the second quarter of 2020, according to a new report from DeVono Cresa.
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As communities and companies hope that recovery from the coronavirus pandemic may at last be on the way, the real estate industry and impact investing could play a critical role.
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Many landlords were already jittery about the buy-to-let market before the Covid-19 pandemic struck. Cuts in tax relief, stamp duty surcharges, increased government red tape and political uncertainty all contributed towards a rise in residential property investors looking to exit the sector at the start of 2020.
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The purpose-built student accommodation (PBSA) sector has become the latest property sector to embrace flexible leasing, with operators slashing lease lengths ahead of the new academic year.
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On a balmy Friday in mid-August, down on the Thames by London’s Docklands, it is calm. You can count on one hand the number of barges that pass through Canary Wharf in a day.
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Mortgage approvals have returned to pre-pandemic levels and consumer borrowing has picked up.
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COMMENT Crowdfunding has the potential to revolutionise the real estate market, but like any venture which engages the general public, many of whom may have limited experience of investing, it carries a certain amount of risk.
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Real estate investment trusts specialising in retail property have seen their shares plummet during the coronavirus pandemic.
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Demand for UK office workers is lagging behind other types of work.
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Nearly one in four home purchases this year will be backed by the “bank of mum and dad”.
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Commercial property transactions in Ireland are anticipated to increase, with up to $1bn of assets expected to be brought to market over the coming months.
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Pret a Manger will cut 2,890 jobs as it reshapes its business to fit the new world of work.
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The property industry is significantly more optimistic about the future than it was at the start of summer, reveals a new sentiment survey conducted by Property Week.
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As businesses ponder whether or not to bring their employees back to work, a wider debate about the longer-term plan for corporate office space is taking place: do companies stick with their traditional city HQ or shift to a hub-and-spoke model?
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House prices will rise 3% this year, despite rising unemployment and the onset of recession.
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COMMENT How we will work in the future and what kind of offices we will inhabit is the source of much speculation. With concerns raised about social distancing in offices, demand for long-lease traditional workspaces has slumped – as has the popularity of co-working for largely the same reason
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Homeowners in the commuter towns of the southeast are cashing in and moving on.
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Retail jobs are being cut at the fastest pace in a decade as the government starts to withdraw its job retention scheme.
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