Anger as many communities set to lose their last bank

NatWest have caused uproar and frustration around the country this year after they decided to close 44 branches, many of which were serving as the last bank in their community. But this is just the tip of the iceberg, with revelations now that the bank will be closing 27 more branches over the next 4 months, with 25 being the last banks.
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The Property Market Monthly Fact File – November 2014

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.

Defy planning authorities at your peril – Crown Court finds against landlord in Proceeds of Crime property case

DSCF3837A hearing at Inner London Crown Court early in September found against a developer who had, despite three failed planning applications, proceeded to rent out a property as flats. The result is a successful action under the Proceeds of Crime Act and a bill for more than £175,000 for the offending company and its millionaire owner…
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Rent-to-Buy Scheme announced to further assist first time buyers – totalling £400 million of loans

tintagel propertySecretary of State for the Department for Communities and Local Government, The Rt Hon Eric Pickles MP, has unveiled a “Rent to Buy” scheme of loans totaling £400m to assist housing associations and developers in building 10,000 homes. Split 50/50 between London and the rest of the country, the scheme seeks to “stand by people who work hard and do the right thing, helping them move on and up in life”…
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20% discount for the under 40s could help thousands onto the property ladder

Luton BedfordshireDavid Cameron has promised to help First-time house-buyers under the age of 40 by offering a 20% discount on new homes if the Conservatives are re-elected. The scheme, an extension of Help-to-Buy, could impact tens of thousands of families. If you’re under 40, you could be eligible…
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Back by popular demand…

Chimney stacks, flues and fireplaces

The pitfalls, weaknesses and characteristics of chimneys and what to do about repairing and removing them…
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VAT Property Payment Ruling in Conveyance Case

Ref. CLP Holding Co Ltd V Singh and Kaur (2014) EWCA Civ 1103
The court ruled on who was responsible for a VAT payment on the purchase of a commercial property, when there was an element of conflict within the conveyance procedure concerning general and specific terms. The result carries a number of interesting points for commercial conveyancers and property owners…
To read the whole article, click here.

Top tips for converting your barn

Henley Knapp Barns 001Permitted Development changes have made it significantly easier to convert a barn or  other agricultural building into a residential or commercial space. We look at some top tips from our Chartered Surveyors for those of you considering a conversion project, covering such aspects as planning permission,building regulations, sustainability and design…
To rea
d the whole article, click here.

“Buy land, they’re not making it anymore” – As it turns out, they actually are…

PS PICTURE

Ref. Loose v Lynn Shellfish Limited (2014) EWCA Civ 846
The immortal quote from Mark Twain, “Buy Land, they’re not making it anymore” was this month challenged in the courts with a case over newly accreted land in the Wash. Legal ownership was called into question in a High Court Case last year and has been considered again in the Court of Appeal. So the question is, are they making land?
To read the whole article, click here.

The Property Market Monthly Fact File – October 2014

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.