Property Investors Weekly News: 15/02/2021
We hope that you are having a fantastic start to the week and that you are staying safe.
As usual we have pulled together some of the hottest property news articles for your reading pleasure. Enjoy!
Cladding: Extra £3.5bn for unsafe buildings ‘to little, too late’
The long awaited Government announcement on how it will resolve the cladding scandal was almost immediately criticised for not being enough, for taking too long and for focussing solely on cladding – while ignoring other serious safety concerns such as fire stopes and water sprinklers, as well as failing to address soaring insurance costs and the inability of residents to sell their homes.
Sunak considers six week stamp duty holiday extension
Rishi Sunak is said to be considering a six-week extension to the stamp duty holiday to prevent thousands of house sales from falling through.
Virtual viewings surge in January
According to the latest data from property marketing specialists, Spec, their virtual viewings were viewed nearly 80,000 times in January 2021 compared to a little over 8,000 in the same month last year.
Help to Buy extended until the end of May
Homebuyers racing to beat the Help to Buy equity loan deadline of 31 March now have a further two months to complete their purchase.
Have a great week and speak soon!