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: Thursday 10th October 2013
This month's edition includes a set of upcoming litigation that could mean billions for the banks, a landmark legal resistance to the 'Bedroom Tax', a look at Business Rates and how the Government is using them to stimulate speculative construction and news you may have missed concerning Versace's mansion and the relative liklihoods of you leaving your mortgage provider and partner...
The Property Market Monthly Fact File - October 2013
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 help many persons with an interest in property gain an accurate view of what is happening in the UK property market as a whole.
To read the monthly fact file, click here.
Landmark Decision - First success in unlawful discrimination and human rights law used to challenge bedroom tax decision
In what is reportedly the first successful challenge against a ‘bedroom tax’ ruling, a severely disabled woman from Glasgow has had overturned a decision which left her in arrears with her landlord. We look at the facts of the case and what it means for others and their legal advisors in a similar situation…
To read the whole article, click here.
Litigation Advances in the CMBS markets could lead to Billions being Reclaimed
Gemini Plc v CBRE & Warwick Street (KS) LLP and Torre Asset Funding v RBS [2013] EWHC 2670 and Citicorp Trustee Company Ltd v Barclays Bank Plc & Ors [2013] EWHC 2608
The property market collapse of 2007/2008 led to losses in the billions for banks with property holdings. Recent litigation, however, has consistently found on the side of the banks, highlighting negligence in valuers of huge portfolios. The future could hold billions of pounds worth of claims…
To read the whole article, click here. |
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Business Rates - the Focus of a Struggle to Reinvigorate Britain’s High streets
In the on-going discussion over how to reinvigorate deteriorating High Streets, business rates have come to the fore. In this article, we look both at the current situation with regards Business Rates and which changes interest groups currently pressuring the Government would like to see…
To read the whole article, click here.
Business Rates – The Commercial Stimulus
Following on from our look at business rates and their impact, and potential impact, on Britain’s high streets, the Government has announced further changes to rates for the commercial, new build sector – hopefully incentivising speculative investment…
To read the whole article, click here.
London’s future in jeopardy due to vast home deficit. Is nostalgia fast becoming a luxury we can’t afford?
A recent report from London Councils has suggested that only 250,000 new homes will be delivered by 2021 in the nation’s capital – a long way below the target of 800,000 they believe is required to maintain London’s future as a global city. The solution, many claim, is with disregarding the nostalgia for bricks and mortar and throwing support behind modern construction techniques…
To read the whole article, click here.
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Property Price Watch – Significant News from Land and Property Markets
After a period of relative calm when it comes to property and land prices, new growth and renewed optimism is throwing up stories from across the UK of fresh booms and inflating prices. We look at three items we have selected from land and property…
To read the whole article, click here. |
Historic British monuments still stand proud due to modern renovations
This month we look at two stand-out examples of modern renovations that have saved historically significant monuments and we ask the question – can modern and traditional building designs and techniques harmoniously co-exist? Where do you stand in this vital historic property debate?
To read the whole article, click here.
Listed Buildings – Laws and Regulations
In the first of a four part series, we look at English Heritage’s method of preserving significant buildings – Listing – and explore every aspect of the process, from choosing the building to the history of litigation surrounding enforcement. This time, we ask what, why and how?
To read the whole article, click here.
And Finally....
In case you missed it…..
Versace’s Mansion sold & are you more likely to leave your partner than your Mortgage provider?
Two stories you may have missed from the world of property, the sale of Versace’s mansion goes through, with some very high profile bidders, and are you really more likely to leave your partner than your mortgage provider?
To read the whole article, click here.
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