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…
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moldsurveyors.co.uk – A long delay in assessing the flood risk of a reservoir in Greenfield, near Mold, is claimed by a local property developer to be putting homes and lives at risk.
The flooding risk of Flour Mill Reservoir must be determined, before work on eight new townhouses can begin. The Environment Agency instructed Flintshire County Council to complete an inundation map, but this has still not been done, despite a deadline of December 31, 2012.
If you are a developer in the Mold area, or elsewhere in England and Wales, contact your local surveyor to help navigate these difficult issues and ask them about how they can help elsewhere in the development.
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.
Brighton Surveyors – To curb the localities ‘voracious’ appetite for resources which many believe is unsustainable for both the community and the planet at large, Brighton and Hove have taken on the One Planet Living Framework with ten guiding principles to creating a pleasant, sustainable and ‘green’ environment.
The result has been a new community f 172 flats within Brighton, next to the railway station, which were completed in 2010. They have been constructed in local, high performance materials and the energy is generated via a biomass boiler, solar panels and a contract to fill the remaining requirement with guaranteeed green energy from the One Brighton Energy Services Company.
Bristol Building Surveyors – Bristol City Council has recently released a map which you can use to check your property’s suitability for solar panels. A user can simply type in their address and see a graphic of their property and the surrounding area, revealing an estimated potential for solar generation between ‘limited’ and ‘very good’.
Further details are listed, including estimated system size, electricity generation and CO2 savings.
The recent release of Halifax’s annual quality of life (QOL) survey has highlighted what some are calling a widening of the north south divide. In a thorough ranking of all 405 local authority districts, just 8 areas of the top ranked 50 locales can be found outside the southern and eastern regions of England.
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kingslynnsurveyors.co.uk The people of King’s Lynn have taken their battle with Norfolk County Council to the High Court in proposals for a judicial review of the planned £500m incinerator development on the outskirts of their town.
Read more on the case on the propertysurveying news website here.
A new report originating from a popular think-tank, ‘Policy Exchange’, has put forward strong arguments for the relaxation of rules surrounding development on ‘Green Belt’ land.
To read about these arguments and the wider response, click here.
As of 31st October 2011, the Government has announced that they will be slashing Feed-in-Tariffs for domestic solar installations. Government Ministers have emphasised the need to stay within the allotted budget in the face of falling solar costs, but critics are foreseeing a sharp contraction of demand and an end to free solar financing schemes and social housing projects.
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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.
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