Tuesday, April 14, 2020
Monday, April 13, 2020
Coronavirus: Your options if you’re struggling to pay your rent Nottingham Estate Agents
Growing numbers of tenants are falling behind with their rent as coronavirus hits jobs and incomes, but it is up to their landlords to decide whether they will delay or reduce rent payments. According to consultancy Remit Consulting, which looked at data from six property management companies, tenants were only able to pay 44 per […]
The post Coronavirus: Your options if you’re struggling to pay your rent appeared first on OnTheMarket.com blog.
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Millions having to choose between paying rent and eating, poll suggests
Renters’ unions call on government to suspend rents for duration of coronavirus crisis
- ‘We felt the financial impact immediately’: case study
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Renters’ unions are calling on the government to suspend rents for the duration of the coronavirus crisis, as research suggests millions are having to choose between paying landlords or putting food on the table, or have already been forced to leave their homes.
Polling conducted last weekend, after rent payments came due for many renters for the first time since the coronavirus shutdown began to affect incomes of people across the country, showed many renters were either already in or on the brink of crisis, with one in six forced to seek extra financial help to stay afloat.
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No soil, seeds or space? No problem! A beginner's guide to growing vegetables
It’s possible to help keep your household stocked with fresh greens, even if you don’t have a garden. Here’s how to get started
Fears of coronavirus-induced shortages have sparked a desire to grow our own food, but getting hold of supplies isn’t easy when popping to the garden centre is out of the question. Here’s how to overcome some of the common obstacles to harvesting your first crop.
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No soil, seeds or space? No problem! A beginner's guide to growing vegetables
It’s possible to help keep your household stocked with fresh greens, even if you don’t have a garden. Here’s how to get started
Fears of coronavirus-induced shortages have sparked a desire to grow our own food, but getting hold of supplies isn’t easy when popping to the garden centre is out of the question. Here’s how to overcome some of the common obstacles to harvesting your first crop.
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Sunday, April 12, 2020
My flat sale has been delayed by the government's freeze on the market
Everything was ready to go, but the buyer wants to delay because of the coronavirus advice
Q This is an awfully privileged question and I’m sure many will view my situation with glee. I am an “accidental” landlord. In order to be chain free when buying a home with my husband, I decided not to sell my small flat which I have rented out for the past few years.
I put the flat on the market in January with a view to selling before the end of the tax year to avoid the huge rise in capital gains tax that I will have to pay when the allowance disappears. However, due to the government clampdown on transactions I have now missed the deadline to exchange before 6 April. Everything was ready but, quite fairly, the buyer wanted to wait as per government advice. (My property is empty as my tenants moved out to make way for the buyer.) So I am now stuck with the mortgage to pay, the council tax and a bigger tax bill if the sale eventually goes through.
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We paid £14,000 to a developer even though our house purchase collapsed
Redrow insists on keeping the cash for upgrading an unbuilt home after coronavirus sinks deal
Earlier this year, we agreed to buy a newly built home in Kent from the developer Redrow. We had sold our home and all was proceeding well. Having come under considerable pressure to agree some upgrades, we paid almost £14,000 upfront for granite kitchen tops and Siemens appliances. We were told that this would enable the purchase and completion to go through on time.
Within hours of the coronavirus lockdown starting, the person who had agreed to buy our house pulled out. With no possible way to find a new buyer in the current climate, we, in turn, have had to withdraw from the Redrow purchase.
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