The biggest property companies of London have warned the chancellor of the risk to financial stability if banks and lenders do not urge to show flexibility towards landlords no longer receiving rent. The London Property Alliance(LPA) represents more than 420 property companies with interests in central London. According to LPA, the “survival prospects” of…
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The number of UK property market has fallen by 70% since the start of the coronavirus restrictions, according to homes listing site Zoopla. People were still selling and buying the properties until the start of the restrictions on 23 March, when the government advised people not to move house. However, sales have continued since then,…