Posted Thursday 30th September 2021
Nearly a third of all landlords in the UK have agreed some form of rent reduction through the pandemic, according to The National Landlord Index. Of those surveyed, over 16% of landlords currently have some form of historic rental debt due to them.
Spanish-based Ukio is servicing a changing residential market with medium-term rental properties. As workforces continue to work from home, their living requirements have also changed. The company has over 100 apartments with a 95% occupancy rate and is looking to expand rapidly by 2022.
The uptake of technology in the property industry has been slow going over the last decade but a report from JLL suggests that is starting to change. In the UK the emphasis of proptech has been on the residential sector rather than commercial and recent investment into technology may see the sector improve customer service.
ilke Homes has secured £60m of funding from Homes England, along with other investors, to produce 10,000 modular homes over the next five years. Also in ilke’s plans is a commitment to deliver zero carbon homes only by the end of the decade.
The Finance Professional Show has announced that, as part of the show, it will be hosting a number of CPD accredited masterclasses. Each of the sessions will provide expert tutelage, case studies and advice on specific products.
Joelson will be exhibiting at the upcoming FP Show 2021 on 10th November. Let us know if you are attending!
This article is for reference purposes only. It does not constitute legal advice and should not be relied upon as such. Specific legal advice about your specific circumstances should always be sought separately before taking or deciding not to take any action.
Joelson, the leading London law firm, has successfully advised the sellers of Pet Microchip Services Ltd (PMS) on its sale to Identi.
Joelson has advised the company and management of Addison Lee on its acquisition by ComfortDelGro, a leading multi-modal mobility operator.
