Rents dropped in several regions during April and void periods shifted throughout the month as the lockdown continued to impact the lettings market, shows the latest Goodlord Rental Index.
ARLA Propertymark CEO David Cox answers your questions on managing house moves, non-payment of rent, and the eviction process during lockdown; furlough; upcoming legislation changes including electrical safety standards, the abolition of Section 21 and Regulation of Property Agents, and more.
The ARLA Propertymark CEO spoke about the impact of coronavirus on the lettings industry in a Goodlord webinar.
Goodlord analysed payment trends from 20,000 UK rental properties and found that there was only a 2% increase in late rental payments over the last month.
Landlord Action's Paul Shamplina answers your questions on how to manage relationships with landlords and tenants during the coronavirus pandemic and changes to legislation around evictions.
Covid-19 could affect the ability of some tenants to pay their rent. We’ve put together a guide to help you manage this scenario, from assessing your tenants' financial situation to arranging a payment plan, including free templates.
Many businesses, including letting agencies, are choosing to furlough their staff and take advantage of the government support available during the pandemic. Here's a quick guide to the furloughing process.
It remains a legal requirement to obtain an Energy Performance Certificate before selling or letting a property during the coronavirus (COVID-19) pandemic, the government has confirmed.
Goodlord has revealed details of a new scheme designed to ease cash flow pressures on letting agents and ensure they can continue to support new and existing customers throughout the pandemic. The scheme covers new transactions as well as offering free tenancy renewals.
Goodlord reveals key figures for the private rented sector in March 2020 based on tenancies processed through our platform, including average rents, tenancy lengths, voidage periods and more, in the Goodlord Rental Index.
The latest Goodlord Rental Index has shown rents dropping across five out of eight UK regions monitored during April, as the lockdown continues to impact the lettings markets. At the same time, void periods have shifted throughout the month, with some regions faring better than others. Overall, April saw volumes of new and completed tenancies drop rapidly in the run up to Easter before rebounding and finding equilibrium towards the end of the month.
Topics: Data
This article was published on 30 April 2020. Although we endeavour to keep our coronavirus (COVID-19) content as up to date as possible, the situation is rapidly changing, so please ensure you refer to gov.uk for the latest advice and information.
ARLA Propertymark CEO David Cox answered agents’ questions on everything from the impact of the lockdown on letting agents and legislation to the Regulation of Property Agents in a Goodlord webinar (watch the full recording here). Cox’s overriding advice for letting agents during the lockdown was that they should be “putting everything on pause”, rather than cancelling pending transactions. “The first Friday out of lockdown is probably going to be one of the biggest moving days in the lettings industry's history.”
Topics: Covid-19
ARLA PropertyMark CEO David Cox shared his thoughts on the industry’s future as part of a Goodlord webinar, with 1,000 industry professionals tuning in.
Topics: Goodlord
An analysis of the UK residential lettings market has revealed that there was only a 2% increase in late rental payments over the last month. The findings come from a study by property technology company Goodlord who analysed payment trends from a representative sample of 20,000 UK rental properties. More than a hundred estate agents were also surveyed on their experience of late rental payments since the outbreak of the pandemic.
Topics: Goodlord
This article was published on 24 April 2020. Although we endeavour to keep our coronavirus (COVID-19) content as up to date as possible, the situation is rapidly changing, so please ensure you refer to gov.uk for the latest advice and information.
Paul Shamplina joined a webinar with Goodlord to answer your questions on what letting agents can do to help manage relationships with landlords and tenants during the coronavirus pandemic and the changes to legislation around evictions. You can watch the whole webinar here.
Topics: Covid-19
The coronavirus pandemic has put unprecedented levels of financial pressure on a huge proportion of people around the country. Letting agents, landlords, and tenants alike are concerned that this could affect the ability of some tenants to pay their rent during this time. We’ve outlined some of the steps you can take to manage this scenario, which includes downloadable and editable templates that you can use in your communications with your tenants and landlords.
Topics: Covid-19
The word “furlough” has become commonplace in the past few weeks, but, despite the number of businesses choosing to take up this support from the government, many remain confused about how the furlough process actually works. We’ve put together a guide to what it means in practice - from how it affects your agency’s staff to your processes.
Topics: Covid-19
This article was published on 6 April 2020. Although we endeavour to keep our coronavirus (COVID-19) content as up to date as possible, the situation is rapidly changing, so please ensure you refer to gov.uk for the latest advice and information.
It remains a legal requirement to obtain an Energy Performance Certificate before selling or letting a property during the coronavirus (COVID-19) pandemic, the government has confirmed.
Topics: Covid-19
Property technology Goodlord has revealed details of a new scheme designed to ease cash flow pressures on letting agents and ensure they can continue to support new and existing customers throughout the pandemic. The scheme covers new transactions as well as offering free tenancy renewals.
Topics: Goodlord
The UK rental market has taken a big hit due to the coronavirus shut down, shows Goodlord's daily Tenancy Volume Index and March Rental Index. With tenants now either unable or unwilling to move, the latest figures show a steep decline in new tenancies being processed. However, the data also suggests a rental surge took place in early March, as tenants scrambled to sign new contracts before more stringent social distancing measures came into force.
Topics: Data
