In
this month's edition ... we look at the legal entitlement to make
noise and overlook other properties, discuss the hidden impacts of
permitted developments and discover the effects of stamp duty changes on the property market
The property market fact file is a collection of data compiled each month by our Chartered Surveyors and the propertysurveying.co.uk team,
reflecting survey data, statistics, trends and information from the
property market. This provides a single place where anyone with an
interest in UK property can find the information they need.
Residents
of the spectacular glass walled apartments neighbouring the Tate Modern
gallery in London have stunning views across London’s South Bank, but a
relentless stream of visitors to the gallery's top floor terrace has a
significant impact on their privacy.
The
landlady of the George Tavern in Stepney, East London, has won a
landmark victory to prevent any possible future neighbours from
complaining about noise pollution.
Estate
agent Countrywide has received a £215,000 fine from HMRC for failing to
ensure that policies, controls and procedures regarding money
laundering are upheld within the company, including inaccurate record
keeping and conducting procedures without due care and diligence.
Five
properties in London will house new rooftop modular homes that will
mainly be built off site, to mitigate disturbance to current residents,
before being winched into place on top of existing buildings.
We
look at the construction of large scale infrastructure (designed to
speed up planning and other processes to enable building projects to
get under way more quickly). In 2012, the measure was seen as a
practical and potentially effective way of helping the economy get back
to a greater level of economic activity. But does it work?
Basildon
Borough Council is planning to sell a five acre parcel of land for just
£1 to a 26-year old property developer who plans to build a 100-room
four star hotel on the site.
The
Bank of England's Inflation Report says that increases in Stamp Duty
Land Tax have effectively ‘put the brakes’ on house sales by deterring
house moves because of the additional costs.
Negative
publicity has dogged the highly profitable Help to Buy market, and the
housing minister is now reviewing the continued inclusion of new build
house building companies in the government’s Help to Buy scheme.
Complaints
from local residents over the sheer number of letting signs in
Lincoln's historic quarter has led to the possible ban of 'To Let'
boards from some areas of the city.
After
years of austerity and stagnant wage levels, household debt is taking
its toll. The TUC reports that unsecured debt across Britain has
reached a new high of an average £15,385 per household.
The
National Audit Office has delivered a dismal picture of local authority
planning departments which are struggling under current house building
targets. Fewer than half of authorities have produced the government's
requirement of a Local Plan that is less than five years old.
The
rising homeless population of many countries has significantly
multiplied since 2010. However, the issue is being tackled head on in
Helsinki, Finland, with an innovative new scheme.
Research
has highlighted the number of self-employed sole traders, contractors
and small business owners having difficulty in obtaining a mortgage -
many of whom feel discriminated against.
And finally ...A
landlord with over 700 properties in the Ashford and Maidstone areas of
Kent is planning to evict all his tenants so that he can sell his £7
million a year property business and enjoy the fruits of his labours.
The
landlady of the George Tavern in Stepney, East London, has won a
landmark victory to prevent any possible future neighbours from
complaining about noise pollution.
Estate
agent Countrywide has received a £215,000 fine from HMRC for failing to
ensure that policies, controls and procedures regarding money
laundering are upheld within the company, including inaccurate record
keeping and conducting procedures without due care and diligence.
Five
properties in London will house new rooftop modular homes that will
mainly be built off site, to mitigate disturbance to current residents,
before being winched into place on top of existing buildings.
We
look at the construction of large scale infrastructure (designed to
speed up planning and other processes to enable building projects to
get under way more quickly). In 2012, the measure was seen as a
practical and potentially effective way of helping the economy get back
to a greater level of economic activity. But does it work?
Basildon
Borough Council is planning to sell a five acre parcel of land for just
£1 to a 26-year old property developer who plans to build a 100-room
four star hotel on the site.
The
Bank of England's Inflation Report says that increases in Stamp Duty
Land Tax have effectively ‘put the brakes’ on house sales by deterring
house moves because of the additional costs.
Negative
publicity has dogged the highly profitable Help to Buy market, and the
housing minister is now reviewing the continued inclusion of new build
house building companies in the government’s Help to Buy scheme.
Complaints
from local residents over the sheer number of letting signs in
Lincoln's historic quarter has led to the possible ban of 'To Let'
boards from some areas of the city.
After
years of austerity and stagnant wage levels, household debt is taking
its toll. The TUC reports that unsecured debt across Britain has
reached a new high of an average £15,385 per household.
The
National Audit Office has delivered a dismal picture of local authority
planning departments which are struggling under current house building
targets. Fewer than half of authorities have produced the government's
requirement of a Local Plan that is less than five years old.
The
rising homeless population of many countries has significantly
multiplied since 2010. However, the issue is being tackled head on in
Helsinki, Finland, with an innovative new scheme.
Research
has highlighted the number of self-employed sole traders, contractors
and small business owners having difficulty in obtaining a mortgage -
many of whom feel discriminated against.
And finally ...A
landlord with over 700 properties in the Ashford and Maidstone areas of
Kent is planning to evict all his tenants so that he can sell his £7
million a year property business and enjoy the fruits of his labours.
Written by Independent Chartered Surveyors
of the UK wide network of Property ProfessionalsThis
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. Subscribe to receive this newsletter by email every month (we promise never to share your details with a third party).
The next newsletter will be published in April 2019. Email us at: office@propertysurveying.co.uk © PropertySurveying.co.uk |
