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Welcome to the Property Advice Newsletter Written by Independent Chartered Surveyors of the UK wide network of Property Professionals

www.PropertySurveying.co.uk

Publication date: June 2017

In this month's edition ... we highlight the issues surrounding subsidence, discuss foreign investment in the UK property market, look at how you should prepare in advance for flooding, and discover the difficulties of reopening a slate mine ...

The Property Market Monthly Fact File

The property market fact file is a collection of data compiled each month by our Chartered Surveyors and the propertysurveying.co.uk team; collating survey data, statistics, trends and information from the property market. This aims to provide a single place where anyone with an interest in UK property can find the information they need.

Actual and Legal Storm Gertrude: School collapse is the tip of the PPP iceberg

In January 2016, Oxgangs Primary School in Edinburgh made news headlines when Storm Gertrude brought nine tons of bricks falling to the ground.  It has since emerged that 71 further schools across Scotland were found to have similar defects and required remedial work.

Councils exercising their Right-to-Buy-back

Millions of pounds have been spent by local authorities which have bought back properties previously sold under the government's Right to Buy scheme.

How can I tell if my house is subsiding?

Unexplained cracks in the plasterboard? Expanding joints in brickwork? Windows and doors sticking for no apparent reason? If you spot any of these problems and cannot find a reason for them, get specialist help as soon as possible. If it's subsidence, the sooner it's diagnosed the better.		 The Bell Tower at Pisa

Flooding

Am I at risk of flooding?

You may own one of the estimated 5.5 million properties in England and Wales (that's one in six) that are estimated to be at risk of flooding. Here are some things you can do to help yourself.

The UK's property market is being overwhelmed by foreign investment ...

An investigation by The Times suggests that foreign investment in the UK property market is making it yet more dificult for Britain's first time buyers to step onto the property market.

... While the first time buyer struggles to get on the housing market

While revised Stamp Duty Land Tax changes will benefit the first time buyer, making lower-priced property more affordable, the tax will further increase government revenue on more expensive property. 

London's No.1 Poultry awarded Grade II Listed status

The office and retail building once voted Time Out magazine’s fifth worst building in London, has been awarded Grade II* listed status.

Bats move roost for slate mine to reopen

Accumulated rubbish and 100m of rock had to be removed before extraction could start at a reopened slate mine - and a colony of bats has been temporarily rehomed to make way for the extraction of approximately 200 tons of slate over the next ten years.

 Slate roof

And Finally....

 

Olde Worlde village sold in Yorkshire

The village of West Heslerton near Scarborough has been in the ownership of one family for 150 years.  Its 84-year-old owner died five years ago but she left no single heir, leaving her beneficiaries no option but to sell.

This newsletter is a free service by PropertySurveying.co.uk for those with an interest in the UK Property Market. As well as being posted online here, it is emailed direct to our subscribers all across the country.

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The next newsletter will be published in July. Click here to access the Newsletters Archive
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