11/03/2024
Key takeaways London's average rent is currently £2,119 after +6.4% growth in the last year This annual increase is lower than the UK as a whole as London rents have started to reach an affordability ceiling The borough of Bexley has the cheapest average rent in London at £1,520 but rent... read more ยป
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SN Estates News - Covid 19 in the UK

23/03/2020
 
The last weeks have been tough so I would like to start this message by sending my best wishes to you, your friends and your family. We are doing everything we can to support our clients at this difficult time.

As you are probably aware, all non-essential businesses have closed down in the light of the pandemic.

This will undoubtedly affect the rent collection since some of the tenants have lost jobs and they will no longer be able to pay the full amount of standing orders.  Because of this, we would like to inform you that the UK government has announced a mortgage holiday period for the upcoming period of 3 months.

We wish to create a solution that will incur the smallest loss possible.

Because of this we encourage you to consider this option.

For the upcoming period we will closely monitor the situation in real estate, keep you updated on any developments and how to go about managing your properties in the best way during the pandemic, if you are faced with none paying tenants please contact us asap.

We are using all the benefits of technology accessible on the market to change the way we operate using video viewings and continue to support our clients.


Kind Regards


Nurul (Director)


SN Estates London

 


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We are independent & well established Estate Agents serving Central London & the surrounding areas. Our commitment is to provide you with a great experience during your property transaction and to deliver the best possible results.

Our lettings team is one of the best in London, we endeavour to let your property with a maximum rental return through our expert marketing.
Whether you are looking to buy or sell a property. SuperNova Real Estate is the right agent for you. We offer great services to vendors and purchasers and work hard to ensure that your demands are met.
We have a range of properties available to let in various locations across London We aim to place tenants in a property well suited for them. Here we encourage a good relationship between our landlords and tenants and Have long term relationships with our clients.
With an extensive and vibrant history, SuperNova Real Estate has become an established brand in the London residential property market for several years, working successfully as both Estate and Letting agents.