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 in an article published in our monthly newsletter for September.
Read the whole article here…
What was Thatcher’s True Property Legacy?
On the day of her public funeral, we issued a special, single-article edition of our newsletter, analysing through editorial comment the legacy the late Baroness Thatcher leaves to the UK property market.
Baroness Margaret Thatcher’s death has prompted vigorous debate on the matter of her controversial political legacy. In the wake of the passing of a woman described as “the most admired, most hated, most idolised and most vilified public figure of the second half of the 20th century”, we analyse the indelible mark she left on the British property market…
Read the rest of this popular article at this link.
cardiffbuildingsurveyors.co.uk – A brother has demolished his own home in Cardiff over a will dispute that has dragged on 7 years.
Reaching the end of his wits, Mr McGuire took a sledgehammer to his semi-detached house to demolish the extensions and additions he had made to it during an 8 year residency (for which he had reputedly invested £200,000). Police stood by powerless as he destroyed the private property.
If you have a property issue in Cardiff, put down the sledgehammer and call your local Chartered Surveyor to assist and represent you.
In our monthly newsletter, we highlighted a story concerning Britain’s most expensive home. A vast mansion in London with 45 bedrooms, a £300m price tag and a macabre past…
Read the rest of the article by clicking here
A number of well peddled clichés surround the selling of a home, but some points slip under the radar. We expose five things you should address before selling your home, maximising its attractiveness to choosy buyers in a difficult market…
To see the rest of the article, and read inside tips from UK Chartered Surveyors, click here.
Property Surveying – The Valuation Agency Office (VAO), a subsidiery of Revenue & Customs, has recently revealed that it has down-graded council tax bands for a number of homes situated near clusters of wind farms. The reason is that the values of these homes have been forced markedly down by the presence of the turbines, in some cases, for example at Fullabrook Down in North Devon, by as much as a quarter of the total value even as far as 650 yards away from the installation.
A Halifax survey, however, found that the most prolific reducer of value is actualy noisy neighbours, with 17 per cent of homeowners affected by this issue to the tune of an average £31,000 reduction.
For advice on your property’s value, find your local surveyor here.
Spa towns like Ilkley in West Yorkshire, which boasted the highest premium of all, Boston Spa in Lincolnshire and Bath in North Somerset, have been shown to have signficantly higher house prices.
The report by Lloyds TSB indicated the spa town house prices were around 27% or £48,123 higher than neighbouring towns, averaging at £275,397 last year. Spa town homes now cost typically 8.3 times gross annual earnings.
birminghambuildingsurveyors.co.uk – If you’re thinking of letting your commercial premises, the difficult economic climate has made it more important than ever to be aware of your options. Four main types of agreement exist and we describe each to help you make the right decision.
Read on here.
Inside Housing is offering the chance to win £100 in Marks & Spencer vouchers in exchange for your views on the riots.
Shortly after the riots swept England in August, Inside Housing, the Chartered Institute of Housing and the National Housing Federation launched ‘The Riot Report’ to find out what steps can be taken to help prevent a repeat of the violence. Now they want to know what housing professionals, who work for social landlords operating in areas that experienced riots, think caused the disturbances. What would they like their organisations to do to address the underlying problems?
Have your say here.
Consumers have been warned to be vigilant when opting to let their roof spaces for renewable energy schemes, doing so could violate mortgage schemes and damage saleability.
Read the rest of this article here.