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Coronavirus outbreak will halt 520,000 UK house sales in 2020

Freeze on transactions will cut sales by 38% with wide-ranging knock-on effects for economy, warns leading agency

Duke of Westminster donates £12.5m to NHS coronavirus fight

Gift equates to just 0.1% of Hugh Grosvenor’s wealth, say inequality campaigners

UK lenders to grant 1.2m mortgage deferments

One in nine households get payment holiday but concern grows for their future credit rating

UK’s surveyors make plea for stamp duty holiday after lockdown

Royal Institution of Chartered Surveyors warned that house sales, prices and rents could slide

UK house sales will collapse in 2020 as market goes into deep freeze, says study

Major analysis of coronavirus impact stresses property prices will dip only 3% and then rebound next year

How the Covid-19 crisis locked Airbnb out of its own homes

The short-let platform’s business model has been exposed. Bookings have fallen off a cliff but Airbnb simply can’t change tack

Housebuilder shares plunge after people urged to delay moves

Government Covid-19 advice has impact on Persimmon, Barratt, Redrow and more

Number of homes sold in UK expected to plunge by 60% in next three months

Property website Zoopla reports viewings and house moves have ground to halt

Halifax withdraws majority of mortgages

Lender flooded with requests for payment holidays while valuers unable to inspect properties due to coronavirus

UK lenders banned from repossessing homes amid coronavirus crisis

Banks and building societies also warned off charging fees for mortgage holidays as customers spend hours trying to contact lenders

Council tax reform would help ‘level up’ north of England

Bills could fall by 20% if system mirrored house price growth over past 30 years, says IFS

UK banks set out details of Covid-19 mortgage holidays

Households hit by coronavirus will not lose credit ratings if they delay payments

LSL withdraws from Countrywide merger talks

Tie-up would have created company with 14,000 staff and 1,000 estate agency outlets

What does the coronavirus mean for your finances?

From mortgage payments to pension funds, here’s the key information you need to know

Flat block owners to get right to add floors with no permission needed

Ministry’s move to allow two storeys to be added to blocks aims to boost homeownership

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  • Fujitsu chair resigns after ‘woman-related inappropriate conduct’
  • Paramount rejected ad criticizing its owners and Warner Bros acquisition
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  • Bank of Japan raises interest rates to 31-year high … of 1%
  • Kingsmill owner cleared to create UK’s biggest bread brand with Hovis takeover
  • RBA interest rates: Reserve Bank holds official cash rate at 4.35%

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