Property Investors Weekly News: 4/5/2020

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Property Investors Weekly News: 4/5/2020

Your weekly property news delivery is ready to read! Time to turn off the tv and get caught up on some of the hottest property updates:

85% of Buy – to – Let lenders still lending

Some 42 of the 48 buy-to-let lenders operating at the beginning of March are still lending despite the impact of coronavirus, research from Mortgages for Business shows.

https://www.propertywire.com/news/85-of-buy-to-let-lenders-still-lending/

Coronavirus: Property sales worth £82bn ‘on hold’ amid lockdown

Around 373,000 property sales are on hold due to the coronavirus lockdown, analysis of the housing market in the UK cities suggests. The value of held sales totals a collective £82bn, researchers at property portal Zoopla have estimated.

https://www.bbc.co.uk/news/business-52453502

Landlords slam Citizens Advice report as irresponsible 

A recent report by Citizens Advice claiming that as many as 2.6m private renters have missed a rent payment, or expect to do due to coronavirus has been slammed by the NLRA as irresponsible. The association claim that this figure has been exaggerated and comes from a generalised survey of just 2,016 adults across the whole of the UK.

https://www.propertyreporter.co.uk/landlords/andlords-slam-citizens-advice-report-as-irresponsible.html

Book Recommendation Of The Week – Unshakeable: Your Guide To Financial Freedom by Tony Robbins

This week we have been reading Unshakeable by Tony Robbins. Unshakeable is a shorter version of his Money: Master the Game book. This book focuses on the principles and rules of investing and creating true wealth for the average person rather than the rare billionaire. Unshakeable is remarkably informative and written in a conversational style that’s not only easy to read but contains plenty of advice that you will be able to remember and put into good use.

All profits from Unshakeable will be donated to the charity, Feeding America.

Available from all good online book and audio book stores.

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