Blog

PayProp's new report, ‘The impact of COVID-19 on the UK rental market, June – August 2020’, is our most in-depth analysis yet of the effects of the effects of the pandemic on our sector – and it is now available to everyone who wants it, for free.

In July 2020, property industry bodies joined a new Code of Practice Steering Group to enact one of the key proposals from the 2019 Regulation of Property Agents (RoPA) report – creating a new set of industry standards for estate and lettings agents.

It’s difficult to imagine 21st century life without automation – and even more difficult to imagine how the COVID-19 lockdown would work without the technology that lets us cut out the paperwork to enable us to work from home.

Landlords are struggling – they’ve been caught in a perfect storm of low mortgage approvals; bigger tax bills through the reduction in tax relief and higher stamp duty; and ever-increasing numbers of tenants in arrears.

COVID-19 has placed a spotlight on the impressive variety of crowdfunding and fundraising platforms – and often not in places you’d expect. That is the case with PayProp, South Africa’s largest rental payment processor.