Rishi Sunak
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Latest property news
Total cost of property industry furlough schemes revealed – £600m
Figures from HMRC published recently reveal the shocking number of jobs and companies helped by the scheme in the UK, and within the sector.
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Latest property news
BREAKING: Mortgage holiday scheme to be extended for another four months
Financial Conduct Authority says the extended relief period is necessary to prevent a cliff edge of mortgage defaults.
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Latest property news
Agencies welcome furlough extension but worry about future
Extension has gone down well but many agents worry if their post-Covid turnover can support normal staffing levels and whether staff have 'lost their mojo'.
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COVID-19 support
Chancellor extends furlough until the end of October
The Chancellor has announced in the Commons the commitment to continue furlough payments – but with strings attached from August.
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Latest property news
First furlough scheme payments to arrive by next week
Chancellor Rishi Sunak revealed last night that 140,000 firms have applied to receive funds from the furlough scheme.
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Latest property news
Chancellor widens SME emergency loans scheme and relaxes criteria
Following criticism of the initial CBILS scheme, it now includes all SMEs and directors no longer have to give guarantees for loans under £250k.
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Latest property news
Property industry’s self-employed given same deal as employees – but they can still work
The sector's small army of self-employed agents, inventory clerks, maintenance freelancers and surveyors are to be given grants of up to £2,500 a month if they are struggling financially.
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Latest property news
Business rates: Why are estate agents treated differently to bakers and tanning shops, demands Propertymark
Industry association wants agents to write letters to their MPs as a matter of urgency as it lobbies friendly politicians and civil servants.
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Latest property news
Chancellor reveals government will pay staff to ‘take leave’ instead of being made redundant, and suspends VAT payments
Measures are part of package announced this evening by Rishi Sunak and designed to prevent large-scale lay-offs and business failures.
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Latest property news
Government widens business rates reliefs but leaves out estate agency branches
Despite pleas from one MP on Tuesday to include estate agents within the proposed relief programme, Chancellor Rishi Sunak has decided to leave the industry in the cold.
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