Mortgage Market Update

Various sources are claiming that now is as good a time to buy a property as there has ever been, with interest rates low and the property market surging forward. We have compiled stats from various sources around the country to give you an overview of the mortgage market, in case you are looking to invest…
To read the whole article, click here.

The Property Market Monthly Fact File – January 2016

The property market fact file is a collection of data compiled each month by our Chartered Surveyors and the propertysurveying.co.uk team; collating survey data, statistics, trends and information from the property market. This aims to help many persons with an interest in property gain an accurate view of what is happening in the UK property market as a whole.
To read the monthly fact file, click here.

Mortgage Market Update

Various sources are claiming that now is as good a time to buy a property as there has ever been, with interest rates low and the property market surging forward. We have compiled stats from various sources around the country to give you a complete view of the mortgage market, in case you are looking to invest…

To read the who le article, click here.

Right to Buy scheme set to be extended after the government secures historic agreement

On the 7th October, David Cameron announced an historic new agreement with housing associations and the National Housing Federation that is set to extend the Right to Buy Scheme to 1.3 million more families.

The Prime Minister explains:

“Some people said this would be impossible and that housing associations would never stand for it. Today we have secured a deal with housing associations to give their tenants the Right to Buy their home…That will mean the first tenants can start to buy their homes from next year.”

The Right to Buy is a scheme that allows families in social properties to become homeowners, and has already helped around 2 million families realise their dreams since its introduction under Thatcher.

By recycling the funds raised by selling off the properties towards replacement affordable properties, this agreement sets out to not only increase home ownership but also help those who need a new affordable house, thus increasing overall housing supply.

Communities Secretary, Greg Clarke says:

“We’re determined to ensure that home ownership is seen as a reasonable aspiration for working people…Today’s historic agreement with housing associations and the National Housing Federation will extend that offer even more widely, while at the same time delivering thousands of new affordable homes across the country”

Under the new agreement, every housing association tenant would have the right to purchase a home at Right to Buy level discounts (subject to the Right to Buy eligibility requirements). It is assumed that housing associations would sell the tenant the property in which they currently live.

Compensation would then be paid to the Housing Association by the government to reflect the discount that was offered to the tenant. The sales receipt would be kept by the housing association so that they can reinvest towards the delivery of new homes.

Housing associations would use sales proceeds to deliver new supply and would have flexibility to replace rented homes with other tenures such as shared ownership.

Chief Executive of the National Housing Federation, David Orr said of the agreement:

“This is a great offer for housing association tenants. It is also a great offer for the country, as our proposal means homes sold will be replaced, delivering an overall increase in housing supply.

“This is an ambitious sector that last year built more than one in three of the country’s homes, matching each pound of taxpayers’ money with £6 of its own. We will build more.”

The Right to Buy is just one part of the Government’s wider programme to increase overall home ownership, with other schemes including the Help to Buy, Starter Homes, Right to Build and planning reforms to get more homes built on brownfield land.

It certainly seems as if there are enough schemes in place to address the mounting problems of home ownership and housing supply, but the question remains – how effective are they? Are they papering over the cracks, or providing a viable solution?

BT www.propertysurveying.co.uk 09.10.15

Looking for a surveyor in Newbury?

Surveyed Buildings
These are actual buildings inspected by McCall & Co, chartered surveyors of the propertysurveying network.

Pre-purchase (or pre-lease) Residential Property Surveys by McCall & Co Chartered Surveyors with experience of Period, Individual and Character houses and cottages, including with thatch and/or timber-framed walls, and/or cob walls. Personal service for discerning buyers covering the Newbury area, Berkshire.

For an informal, friendly, no- obligation discussion, please call Ian McCall TD, FRICS on

01488 686 986


 Connecting you to Independent Chartered Surveyors
www.propertysurveying.co.uk
…for all your building survey and property requirements

Are you buying a commercial property in Dewsbury?

Property and Building Surveyors Dewsbury

01138 500 501
or Freephone on 0800 880 6264

west-yorkshire-101401_640Are you buying a new house or commercial property? Our Director will deal with you directly, giving free, impartial advice on choosing a survey. We quote flat fees, so time you need to discuss the building, structure and defects after the report is free. There are no hidden costs.

We are a local practice of Chartered Surveyors covering Dewsbury, Cullingworth, Denholme, Haworth, Wilsden and the surrounding Dewsbury area, helping clients with both residential survey and commercial property issues.

Please telephone George Passey FRICS and the team to discuss your building survey or other property requirements. We are a chartered surveyors practice covering Dewsbury, Mirfield, Ossett and the surrounding area, helping clients with both residential survey and commercial property issues.


Connecting you to Independent Chartered Surveyors
www.propertysurveying.co.uk
…for all your building survey and property requirements

Are you searching for a Property Surveyor in Torquay?

www.torquaysurveyors.co.uk

Building and Property Surveyor Torquay

Are you buying a new house or commercial property? Do you need a building survey, structural survey, single fault assessment, rebuilding / reinstatement valuation, homebuyers report, party wall or property advice from a Chartered Building Surveyor in Torquay or the surrounding South Devon area?

“All buildings, properties and houses have defects. Instructing us to undertake a Full Building Survey, House Purchase Survey Report or Homebuyer (Home Buyer) Survey will give you or your vendor peace of mind.” – Lee Gallon MRICS

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Please telephone Lee Gallon MRICS and the team to discuss your building survey or other property requirements. We are a chartered surveyors practice covering Torquay, Babbacombe, Marldon and the surrounding area, helping clients with both residential survey and commercial property issues.

01803 423 803
or Freephone on 0800 880 6264


Connecting you to Independent Chartered Surveyors
www.propertysurveying.co.uk
…for all your building survey and property requirements

Are you buying a house in Heswall?

www.heswallsurveyors.co.uk

Do you want a structural survey, building survey, major defects report, rebuilding valuation, single fault assessment, property valuation, homebuyers report, property acquisition advice, or other property assistance in Heswall or the surrounding area, from a local Chartered Property Surveyor?

Richard Preece MRICS heads Right Surveyors North Wales, an independent property consultancy providing an efficient and personal service tailored to suit the clients’ needs. He is a member of the RICS and an experienced professionaRichard_Preecel.

Heswall – derived from Hazel Well – lies near the River Dee in the Wirral District. The tower of St. Peter’s Parish Church is about 500 years old, and is the oldest structure in Heswall. The present church was built in 1879 and is the third to have been built on the site. Heswall is divided into two main parts: the quaint lower village is the older section and is protected by a conservation order, whereas the busier upper village thrives on a wide variety of shops, restaurants etc.

We are happy to discuss your property requirements and quote for any proposed building survey, homebuyers report, management or other professional property work; whatever is required. Richard will be happy to talk with you directly, with no obligations.


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www.propertysurveying.co.uk
…for all your building survey and property requirements

Do you require a surveyor in Welwyn Garden City?

www.welwyngardencitysurveyors.co.uk

teresa-profileThe Right Surveyors in Hertfordshire provide surveys and valuations from an experienced team of chartered surveyors. The team is led by Managing Director Teresa Scannell BSc (hons) MRICS, a member of the Royal Institution of Chartered Surveyors and a Registered Valuer. She heads an independent professional property consultancy and takes pride in providing an efficient and personal service tailored to suit each clients’ needs.

Teresa’s experience extends to over 10-years of post-qualification practice, meaning that she has produced hundreds of survey reports and valuations for both private and corporate clients. She has a diverse range of skills and her well developed expertise means she is competent to survey both residential and commercial property assets.

She leads a team of local professionals who strive to provide the highest quality of service. Guy Barlow BA (hons) MSc MRICS occupies the role of lead surveyor and undertakes much of the practice’s work in Hertfordshire. With over six years post-qualification experience and a career which has stretched from project management to dilapidations claims, acquisition surveys to party wall matters; Guy has a wealth of knowledge to draw upon.

Working behind the scenes, Elaine Harrison ensures the practice runs smoothly and reports are delivered on time. As Head Secretary, she runs a tight ship and guarantees efficiency, even when faced with tight deadlines.


Connecting you to Independent Chartered Surveyors
www.propertysurveying.co.uk
…for all your building survey and property requirements