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: March 2018
In
this month's edition... we ask why more homes aren't being bought under
commonhold law, highlight the issues surrounding the Localism Act,
discuss MEES and the urgent need for landlords to act and discover ways
to keep your home insurance premiums down ...
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.
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The Commonhold and Leasehold
Reform Act has been in existence since 2002, so why are 98% of flats
still purchased 'leasehold'? |
Restrictive
powers given to local councils are to blame for the rise in
homelessness, despite a reduction of 700,000 from housing waiting lists
since its introduction.
A
county court has awarded compensation as a result of discrimination on
the grounds of sex, in a case that could lead to landlords and letting
agents being prosecuted for indirect sexual discrimination.
With
a deadline looming - over 400,000 properties currently fail to meet the
energy performance standards required to stay within the law. |
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Mortgage
lenders don't insist that buyers commission a survey before they will
lend many thousands of pounds to purchase a new home. The question is
... why not?
London
has attracted significant overseas investment and provided the capital
with a plethora of luxury new-build flats. But with thousands standing
empty, and many more due to be built, how will these investors fare
après le Brexit?
The
government has threatened local councils with the loss of planning
powers, unless they meet house building targets. Isn't it time to look
at the incentives behind the provision of houses and building the right
housing where it's needed?
'If you want
to move up - move out'. No longer does the old adage 'a job
for life'
apply so, whatever your view on the demands of the housing market, the
number of tenants choosing to rent rather than buy in order to maintain
flexibility is likely to remain strong.
We
consider some of
the ways in which insurance companies assess risk when quoting for home
insurance and how you can act to keep premiums down. |
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Now
that the Beast
has gone and it's safe to go out, at least in most parts of the UK, we
look at ways to keep the heat in and the weather out when the good old
British weather gets that little bit too extreme.
And Finally ...
Now
that you're keeping the heat in, lets think about how to minimise the
effects of the weather on your home.
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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