Updated: Poyntons in a Time of Coronavirus

Updated 30th March 2020   Poyntons Consultancy as a firm is constantly reviewing, monitoring and following Government Advice.   The health and well being of our staff, customers and clients has always been paramount and as such we are currently unable to facilitate viewings.   We are still available during our normal working hours to […]

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Positive news for home buyers and sellers: House moving allowed under government regulations published today

26th March 2020 Moving house has now been permitted under The Health Protection (coronavirus, Restrictions) (England) Regulations 2020. The government today published regulations which state that the restrictions of movement do not apply to those who are looking “to move house where reasonably necessary”. The legislation also states that the restrictions on gatherings, where no […]

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Coronavirus: General Support for Businesses

  Duncan & Toplis, Chartered Accountants & Business Advisers, are producing a daily bulletin of the latest news to provide general support for businesses. The page can be accessed here: Coronavirus: General support for businesses   Updated 25.03.20: The UK Government has responded to the virus with a series of measures which are designed to support […]

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Blackstone buys £120m UK logistics portfolio – Deal completed on 19 March and shows demand for logistics unlikely to “wane” on Covid-19, says seller Clearbell

  By Paul Norman CoStar News March 23, 2020 | 7:40 A.M. Blackstone’s Mileway European last mile logistics platfrom has bought the Cara portfolio of UK logistics assets from Clearbell Property Partners III LP (Clearbell), a fund managed by Clearbell Capital LLP, for £120m. The deal completed and exchanged on 19 March 2020. The Cara portfolio […]

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A word on property insurance and empty premises

  Given the recent government advice in relation to working from home, we feel that it is relevant to highlight that most business insurance which includes a Property Damage Insurance component (e.g. Office Insurance, Commercial Combined Insurance etc), will also include a condition in relation to the premises being unoccupied for a period of time. […]

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Covid-19: Bank of England cuts base rate again to 0.1%

  By Alicia Villegas CoStar News March 19, 2020 The Bank of England has cut its base rate to a record low of 0.1% as it warned the spread of Covid-19 will result in an economic shock that could be “sharp and large” but also “temporary”.   Its rate-setting committee, led by new governor Andrew […]

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