May 2022 Property Surveying Newsletter

staircase traditional property

In this month’s Property Surveying Newsletter … we discuss the implication of the Queen’s Speech, look at whether it is trespass to maintain your property and discover more about the blue plaque scheme

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 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.

chandelier in apartment

Summary of Queen’s Speech and how it affects the property market

The announcements made by Prince Charles in the Queen’s Speech this month included several matters that will affect the property market.

Sex for rent – at last!

A staggering 30,000 female private property renters in the UK have been offered ‘sex for rent’ – a rent-free home in return for sexual favours – in just the last two months.

Property ownership struggles predicted

This month, interest rates rose to a 13-year high of 1%, as the Bank of England increased the Bank Rate in a bid to tackle rising inflation. Further increases are expected over the next year, and some believe it will reach 3% during 2023. But how is this likely to affect property ownership in the coming year?

cracks in walls neighbouring property

Essential repairs and property maintenance – trespass or not?

Going on to your neighbour’s land is sometimes necessary to carry out essential repairs to your property. Consequently, the Access to Neighbouring Land Act 1992, provides for this with a legal right to access in certain circumstances.

Building Safety Act now in force

The Building Safety Act, which overhauls building safety regulation after the Grenfell Tower fire, came into effect on 28th April 2022 and includes some changes that apply to all new building work.

Surveyors guide to the domestic lift

A domestic lift provides homeowners with the means to effortlessly travel between floors and are an alternative to the traditional stair lift, over which it has distinct benefits. But installing a lift in the home isn’t just for the less mobile among us, or the super rich.

POA property adverts banned

National Trading Standards has deemed the use of the term “price on application” (POA) in relation to the sale of houses misleading, as it hides or withholds the asking price from potential home buyers.

And finally …

The blue plaque scheme who, what, why and where

You may be familiar with the sight of “blue plaques” on properties, but have you ever wondered how the blue plaque scheme originally started or what these markers actually mean?

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

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