Property Investors Weekly News: 6/4/2020
This week we have compiled some of the hottest property investors news articles. Now it is time to turn of the TV and get reading up on what has been happening in the world of property over the last week:
How the COVID-19 crisis locked Airbnb out of its own homes
Airbnb and similar platforms have seen a collapse of business since the start of the Coronavirus with some 70 per cent of bookings cancelled. Many hosts have been voicing their anger at Airbnb’s decision to allow guests to cancel their bookings for trips starting before 31 May with a full refund. After this announcement Airbnb have made the decision to allow hosts to receive 25% of what would have been due to them.
Are Agents & Customers putting themselves at risk?
Over the last few weeks agents and viewers have still been going out to properties to do viewings. Are they putting themselves and others at risk? YES! For now all Sourcesome viewings are on hold. We are virtually viewing properties and building up relationships. Once we are safely allowed to go out a physical viewing will be conducted. Stay at home and stay safe!
Right to Rent checks changed temporarily during coronavirus pandemic
The temporary measures mean that the Home Office does not require landlords to see tenants original documents and will allow checks to be undertaken via video calls.
Tenants are now able to send scanned documents or a photo of documents using email or a mobile app.
EPC’s still required to sell or let property – and can still be done
The Government has said that the legal requirement to obtain an Energy Performance Certificate (EPC) before selling or letting a property will remain in place despite COVID-19. Click on the link at the bottom on the news article to read the Government guidance on meeting the regulatory requirement to secure a valid EPC on a property during the Coronavirus outbreak.
We hope you found these news articles useful. Remember that each day we are closer to getting back to normal life again.
Stay safe, stay at home and keep a positive mindset at all times.