Property Investors Weekly News: 14/9/2020

This week we’ve pulled together some of the hottest news stories around property investment for your reading pleasure! So strap in, relax and get ready for some updates:

Now a British bank is charging savers negative interest rates: Starling Bank’s euro account heads below zero – but will more follow suit?

Starling has become the first British bank to introduce negative interest rates for personal account customers. We believe that this is the first of many.

Find out how to make money work you by dropping us a message or pay to leave it sat in a savings account.

https://www.thisismoney.co.uk/money/saving/article-8710241/Starling-British-bank-charge-customers-savings.html

Confidence in UK housing market at four-year high, says estate agents

The latest figures released by the Royal Institution of Chartered Surveyors has revealed that August saw further heightened activity in the housing market with enquiries, sales and new instructions all continuing to perform strongly.

https://www.gov.uk/government/news/government-sets-out-comprehensive-support-for-renters-this-winter

Renting: Christmas ‘truce’ for tenants facing eviction

The government has announced a “truce” on enforcement action for tenants facing eviction in England and Wales this Christmas.

It has also said that evictions will not be enforced in areas subject to local lockdown as the pandemic continues.

https://www.bbc.co.uk/news/business-54108829

Have a great week and speak to you soon!