Property and Building Surveyors

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This Month's Newsletter

Property and Building Surveyors

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

Publication date: 12th March 2015

In this month's edition... A landmark decision is made in the Supreme Court regarding a controversial beach, a new dispute resolution mechanism for s. 106 is on the cards, mortgage rates hit a new low, Tories are doubling the Starter Homes Initiative and the Houses of Parliament could move to Hull...

The Property Market Monthly Fact File - March 2015
The property market fact file is a collection of data compiled each month by our Chartered Surveyors and the 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.
To read the monthly fact file, click here.

Landmark case as Port company successfully stops beach becoming a ‘Village Green’
Ref. R (on the application of Newhaven Port and Properties Limited) v East Sussex County Council and another [2015] UKSC 7
The Supreme Court has unanimously overruled a decision by a County Council to register a beach as a village green, denying campaigners in their efforts to keep the beach open and avoid future development…
To read the whole article, click here.

DCLG to discuss the possibility of a dispute resolution mechanism for s.106 agreement negotiations.
The Department for Communities and Local Government (DCLG) are to consult on the idea of introducing a dispute resolution with regards to s.106 agreement negotiations in a bid to speed up the planning process.
To read the whole article, click here.

Editor’s Comment - London Land Commission, Amberfields and the NPPF
Boris Johnson’s Mayor of London office, in conjunction with the government, have set out a package of housing measures designed to help meet London’s need for over 400,000 homes through greater utilisation of brownfield land. In addition, our Editor takes a look at the new concept of ‘amberfield’ sites and the state of the wider planning system in 2015…
To read the whole article, click here.

How low can mortgage rates fall?

Mortgage Rates hit 1.18% – but how low can they go?
As Yorkshire Building Society announces a new two-year fix at just 1.18%, we look at the all-time low mortgage rates appearing from various providers and the continuing downward trend…
To read the whole article, click here.

Why do we have such a soft spot for so many industrial “eyesores?”
Locals are often quick to defend dilapidated factories, mining headstocks and crumbling chimneys that are threatened with the possibility of demolition. The question arises therefore, why are these eyesores so loved?
To read the whole article, click here.

How much higher are house prices in National Parks?
National Parks cover 9.3% of the land in England, so their impact on property prices will, directly or indirectly, affect many of us. We look at the substantial premium you would need to pay to live in a National Park, and how this varies across the country and beyond, into Wales and Scotland…
To read the whole article, click here.

Tories to double the number of houses available through the Starter Home Initiative to 200,000 if they win the election
The Government has announced that it will double the amount of houses made available to first time buyers through the Starter Home Initiative from 100,000 to 200,000. Read our guide to find out more…
To read the whole article, click here.

Tories could double size of the Starter Homes initiative

Mortgage Market Update
Various sources are claiming that now is as good a time to buy a property as there has ever been, with interest rates low and the property market surging forward. We have compiled stats from various sources around the country to give you a complete view of the mortgage market, in case you are looking to invest…
To read the whole article, click here.

Back by popular demand...

Buying a leasehold property? What you should consider
With property prices soaring, more and more are turning to leasehold properties - be that a short term tenancy agreement, or a long term leasehold. We look at the essentials you should be aware of before committing, as identified by Chartered Surveyors in the industry...
To read the whole article, click here.

And Finally....

In case you missed it - The houses of Parliament could be on the move as campaigners suggest it should vacate to Hull - in a stunt to raise awareness about the lack of social housing

Campaigners have suggested that the Houses of Parliament should move to Hull, with the current building being converted to 364 flats, resulting a saving of £120 million over five years.
To read the whole article, click here.

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

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