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RICS and NFB call for stamp duty holiday

RICS and NFB call for stamp duty holiday

The Royal Institute of Chartered Surveyors (RICS) and the National Federation of Builders (NFB) have called for a stamp duty holiday once the lockdown ends. RICS members are expecting house prices to fall over the next 12 months – but the organisation said temporarily...

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ONS details devastating impact of COVID-19 on jobs

ONS details devastating impact of COVID-19 on jobs

Since the Coronavirus outbreak took hold 29% of UK companies have laid people off, rising to 39% in construction, figures from the Office for National Statistics show. Just under half (47%) of businesses took less cash in this period, rising to 90% for accommodation...

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RICS details market downturn

RICS details market downturn

Enquiries, sales volumes and instructions all fell off a cliff in March due to the coronavirus pandemic, the RICS UK Residential Survey found. Government measures introduced to combat the spread of the virus require estate agents to close their offices, as RICS...

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How agents can protect themselves against PI claims

How agents can protect themselves against PI claims

Estate agents have been urged to mitigate increases to professional indemnity insurance claims by having a vigilant risk management strategy. In economic downturns there are more professional indemnity claims, coinciding with rises in premiums and new legislation –...

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