The report of the IFB presents the results of an investigation into the most significant UK registered businesses, as measured by turnover higher than £500m to identify the proportion of family-owned firms. This study, identified the largest family businesses, their ultimate owning entities or parent companies, and distinguished the latter from wholly-owned subsidiaries.
In England, the market is now re-open. Provided all parties are following social distancing measures, tenants, landlords and agents are free to visit properties for viewings, moving in, cleaning the property after check-out, etc.
Based on the results of the regular survey, RICS expects rents in the lettings market to fall across the UK. This is expected for the coming three months, but rents will stabilise at the twelve-month horizon. At the five year horizon, rental growth projections stand at around 2.5% per annum, in comparison with prices rising by about 2%.
