October 2020 Property Surveying Newsletter

image of old property in Dartmouth, Devon

In this month’s Property Surveying Newsletter … we look at the Competition and Markets Authority’s action regarding leasehold properties, discuss the First Homes Scheme and ask why islanders are struggling to buy homes.

The Property Market Monthly Fact File

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.

Property worth £10 million surrendered to National Crime Agency

Despite never having been convicted of a crime, a Leeds businessman has handed over 45 properties, and the Poundland brand name, to the National Crime Agency. The properties handed over by Mansoor Mahmood Hussain are located in London, Cheshire and West Yorkshire.

Major housebuilders under investigation over leaseholds

The Competition and Markets Authority (CMA) has announced that it is investigating four of the UK’s largest housebuilders, following what it described as ‘troubling evidence’ over their methods of selling leasehold properties.

A surveyor’s guide to harnessing geothermal power

A number of government incentives have been introduced over the years to meet the country’s green targets, including Feed-in-Tariffs in 2010 and Renewable Heat Grants in 2011. Plans are now afoot to harness geothermal power by deliberately flooding disused mines in order to use the heat in community homes and businesses.

Bradford new build homes worthless

Homeowners in Bradford have been advised to take legal action against their conveyancing solicitors for negligence, after the new build homes they bought in 2014/15 were deemed worthless.

Question: What do Buckingham Palace, dinosaurs and a 1986 business park have in common?

We take a look at ‘The List’.

Fireplace in the homeCold room in your home? We look at BTUs

As the heatwave becomes a distant memory, what was once a comfortable working environment may soon feel more like the inside of the fridge. We look at one of the reasons you may have a cold room in your home.

First Homes Scheme consultation response published

The Ministry of Housing, Communities & Local Government has published a summary of responses to its consultation on the delivery of the proposed First Homes Scheme. The consultation received nearly 800 responses, the vast majority in support of the scheme.

Cottage to let sign displayed in house windowWarning of economic clearance in rural areas

Mirroring many other rural communities around the UK, Islanders in the Hebrides and Skye are becoming fearful of being priced out of their local housing market.

The home buyers searching for La Dolce Vita

Ever tempted to escape it all by moving abroad? We look at what happened to some of the homeowners who did just that – by buying a home in rural Italy for just $1.

And finally …

fire damaged buildingHouse blown up in bid to remove fly

In a rare household accident, an elderly French householder has got away with minor injuries that could have been much more serious.

Written by Independent Chartered Surveyors
of the UK wide network of Property Professionals

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