Labour rent control plan “unlikely to succeed” says Resolution Foundation

admin    Uncategorized     agents

Labour’s proposal to introduce rent controls should the party triumph on December 12 has been deemed ‘unlikely to succeed’. Independent think tank the Resolution Foundation has analysed both major party’s manifestos. It says the Tories need to do more to offer security for tenants – but that Labour proposals ‘go too far in the other […]

The post Labour rent control plan “unlikely to succeed” says Resolution Foundation appeared first on RLA Campaigns and News Centre.

View Full Article: Labour rent control plan “unlikely to succeed” says Resolution Foundation

Lack of focus on elderly housing could cost billions

admin    Uncategorized     agents

Respected Lord and Chair of the Parliamentary Group on Housing and Care for Older People reveals how a lack of political action is opening the UK to an unforeseen crisis.

In an interview with the Elder Magazine

The post Lack of focus on elderly housing could cost billions appeared first on Property118.

View Full Article: Lack of focus on elderly housing could cost billions

38% of battery powered fire alarms failed

admin    Uncategorized     agents

The Local Government Association is encouraging all home owners, landlords and residents to test smoke alarms and replace batteries if required amid worrying failure rates and Christmas being a high risk time of year.

Figures show 38% of battery powered smoke alarms failed to activate in residential fires in England in the past year.

The post 38% of battery powered fire alarms failed appeared first on Property118.

View Full Article: 38% of battery powered fire alarms failed

Famous TV and Film houses valued at today’s prices

admin    Uncategorized     agents

As it’s December and now ok to start talking about Christmas, leading estate agent comparison site, GetAgent.co.uk, has looked at a number of homes from Christmas TV and films and what they would go for if listed for sale today.

The post Famous TV and Film houses valued at today’s prices appeared first on Property118.

View Full Article: Famous TV and Film houses valued at today’s prices

ONWARDS AND UPWARDS FOR BELVOIR LEEDS NORTH WEST!

admin    Uncategorized     agents

Third acquisition leads to second territory and sales expansion for Glenn Broadwell

Glenn Broadwell of
Belvoir Leeds North West has completed on his third acquisition, securing a
second territory in Leeds South and purchasing the entire shares of Onwards and
Upwards, Morley. The business is an established estate agency and lettings
business, adding 224 properties to Glenn’s portfolio of fully managed
properties.

“Onwards and
Upwards is an independent business with large premises, seven staff and an
in-house mortgage advisor,” explains Glenn.

“The lettings
side of the business is fairly substantial, and the sales side is also quite
large. My main aim was to secure a second territory that would enable me to
acquire the expertise of established sales staff and build on the estate agency
services that are currently offered by my team at Belvoir Leeds North West.

“We are
retaining the premises and all of the staff, and Onwards and Upwards will trade
under its own brand name for the time being, although we are introducing some
Belvoir systems to further improve customer service and dramatically reduce
costs.

“This is my
third acquisition since 2015, although it’s my first share sale acquisition. I
am very grateful to the Acquisition Team at Central Office for everything
they’ve done, as there was a lot of work involved and I definitely would not
have managed this on my own.

“With a
brand new decade just a couple of months away, these are very exciting times, so
it’s definitely onwards and upwards for us!”

1/2

Speaking of
Glenn’s acquisition, Belvoir CEO Dorian Gonsalves said: “I am delighted that
Glenn has successfully acquired this new business, which has enabled him to
operate in a second territory in Leeds South and expand on the sales side of
his businesses. Glenn has been with Belvoir for 11 years and is a very
ambitious and driven franchisee, as well as a great asset to the network. I
wish him every success for the future.

“Acquisitions
continue to be a main focus of growth and development for Belvoir, and our
dedicated Acquisitions Team at Central Office is working hard to source and
target new opportunities that will help our franchisees to maximise the
potential of their businesses.”

©1999 – Present | Parkmatic Publications Ltd. All rights reserved | LandlordZONE® – ONWARDS AND UPWARDS FOR BELVOIR LEEDS NORTH WEST! | LandlordZONE.

View Full Article: ONWARDS AND UPWARDS FOR BELVOIR LEEDS NORTH WEST!

Leading student accommodation specialists merge…

admin    Uncategorized     agents

Student Accommodation:

Unite Students has taken over rival student accommodation group Liberty Living after the Competition and Markets Authority gave its approval for the student accommodation specialists’ merger.

Unite Students has a portfolio of around 130 student blocks in university towns around the country accommodating some 50,000 students every year, and with plans to grow the estate by 6,000 beds over the next three years.

On the 29^th of November, Unite Group Plc announced the completion of the acquisition of Liberty Living Group Plc from Liberty Living Holdings Inc., a wholly owned subsidiary of Canada Pension Plan Investment Board.

The Liberty Livings
estate has over 24,000 beds under management across 51 residences in
19 university towns around the UK, and a portfolio valued at over
£2bn in 2017.

Both companies are trend leaders in student living, the majority of rooms with en-suite and shared kitchens and social areas. Both companies partner with educational institutions throughout the UK providing accommodation for mainly first-year domestic and international students.

Both companies are members of ANUK, The Accreditation Network UK for private rented housing providers.

Richard Smith, Chief Executive Officer of Unite Students, said of the move:

“I am delighted that we have completed the transformational acquisition of Liberty Living, reinforcing our position as a leading provider of purpose-built student accommodation in the UK. This deal brings together two complementary businesses who share a commitment to providing high quality, affordable student accommodation with a focus on service and welfare and a strategic alignment to universities where student demand is strongest.

“The deal will accelerate our earnings, driving meaningful accretion from 2020 onwards. It also gives us enhanced scale which, combined with our best-in-class operating platform, means we are well-placed to meet the substantial market opportunity from the 1.5 million students requiring accommodation each year.”

According to Cushman
& Wakefield’s research the UK has four of the top ten cities in
Europe for student accommodation investment. London it says was the
top investment destination in the world in 2018, receiving £1.9bn of
investment, while Sheffield (£170m), Coventry (£160m) and Swansea
(£103m) came seventh, eighth and ninth respectively.

A report by Knight Frank’s for 2018/19 says cities with a low pipeline of new purpose built student accommodation (PBSA) being developed, despite a high demand, include London, Brighton, Bath and Manchester. Northern cities including Liverpool, Newcastle, and Leeds are all strategic cities containing dual or multiple well-regarded universities, and large numbers of students.

©1999 – Present | Parkmatic Publications Ltd. All rights reserved | LandlordZONE® – Leading student accommodation specialists merge… | LandlordZONE.

View Full Article: Leading student accommodation specialists merge…

Landlords’ votes pivotal in election battle

admin    Uncategorized     agents

The votes of private landlords could be pivotal in deciding the outcome of the General Election in more than 100 constituencies. An analysis of HMRC data obtained by The Times found that in 124 constituencies across the UK, the number of people declaring income from property in 2017/18 was the same or larger than the overall majorities […]

The post Landlords’ votes pivotal in election battle appeared first on RLA Campaigns and News Centre.

View Full Article: Landlords’ votes pivotal in election battle

Pivotal landlord votes

admin    Uncategorized     agents

Votes of private landlords could be pivotal in deciding the outcome in over 100 constituencies. Analysis of data obtained by The Times from HMRC has found that in 124 constituencies across the UK, the number of people declaring income from property in 2017/18 was the same as or larger than the overall majorities of those candidates elected in 2017.

The post Pivotal landlord votes appeared first on Property118.

View Full Article: Pivotal landlord votes