JD Sports withholds rent on its 390 UK stores as it battles with its landlords to cut costs By Daily Mail City & Finance Reporter Published: 22:39 BST, 8 September 2020 | Updated: 23:02 BST, 8 September 2020 Tracksuit and trainers retailer JD Sports is continuing its battle with landlords, despite its half-year sales barely … Read more
Fashion retailer New Look is on a knife edge after group of major landlords reject rescue plan New Look has asked landlords to switch to turnover-linked rent contracts But around ten landlords have already rebuffed the plan By Neil Craven for The Mail on Sunday Published: 22:19 BST, 5 September 2020 | Updated: 22:19 BST, … Read more
Landlords and renters are facing a looming meltdown, experts warn, after the Government extended its ban on tenant evictions until 20 September. In a last minute U-turn over plans for repossession cases to be heard in the courts from 23 August, the Government last week also introduced a minimum six-month notice period for landlords seeking … Read more
New Look aiming to cut its rent to zero on 68 stores in drastic plan to rescue ailing fashion chain and 11,200 jobs in wake of Covid-19 outbreak By Tom Witherow For The Daily Mail Published: 22:13 BST, 26 August 2020 | Updated: 22:13 BST, 26 August 2020 New Look is aiming to cut its … Read more
Renters unable to pay their rent will get a further month’s reprieve from being evicted from their homes as the Government moves to protect hundreds of thousands of people. Ministers are set to announce a four-week extension to the ban on evictions that is due to end on August 23 later today, as the economy … Read more
Landlords must reveal if tenants they try to evict have been affected by coronavirus – or the case can be thrown out of court Government places new restrictions on landlords repossessing properties Landlords must submit additional information as part of their claims in court Landlords must reveal if a tenant has been affected by coronavirus … Read more
Residential landlords ‘cheating taxman out of £1.7bn’ a year, think-tank says That’s three times higher than £540m reported for 2010, Tax Watch said Money is lost as many landlords fail to declare income on self-assessment forms By Sarah Bridge for The Mail on Sunday Published: 22:31 BST, 8 August 2020 | Updated: 22:31 BST, 8 … Read more
New Look heads for a massive restructuring as it wants to pay rent based on how much shops make New Look is expected to go ahead with a Company Voluntary Arrangement It will ask landlords at more than 450 stores to accept new lease contracts It wants blanket lease contracts linked to turnover By Neil … Read more
Will the stamp duty cut be BAD for first-time buyers? Critics warn tax giveaway could revive buy-to-let investors and boost house prices Chancellor’s plans will see 90 per cent of homes pay no stamp duty until March However this includes second-home buyers including property investors Labour have blasted the move as an ‘unnecessary subsidy’ for … Read more
Driver smashes through wall of pub just four hours before restrictions were lifted – but hero landlord still manages to opens up to punters Kent Police called to The Swan Inn near Ashford, Kent at around 2.25am today Three teenagers were found inside car that crashed through road-facing wall Landlord Ray Perkins said it was ‘absolutely … Read more