{"id":17387,"date":"2017-09-21T11:56:01","date_gmt":"2017-09-21T10:56:01","guid":{"rendered":"http:\/\/www.propertysurveying.co.uk\/newsletter\/?page_id=17387"},"modified":"2019-03-20T12:56:20","modified_gmt":"2019-03-20T11:56:20","slug":"september-2017-property-newsletter","status":"publish","type":"page","link":"https:\/\/www.propertysurveying.co.uk\/newsletter\/?page_id=17387","title":{"rendered":"September 2017 Property Surveying Newsletter"},"content":{"rendered":"<div align=\"right\"><\/div>\n<table style=\"font-family: Arial, Helvetica, sans-serif;\" border=\"1\" width=\"930\" cellpadding=\"0\" align=\"center\" bgcolor=\"#1B5FA8\">\n<tbody>\n<tr align=\"center\" valign=\"middle\">\n<td style=\"font-family: Arial, Helvetica, sans-serif;\">\n<table border=\"0\" width=\"930\" align=\"center\" bgcolor=\"#FFFFFF\">\n<tbody>\n<tr>\n<td style=\"font-family: Arial, Helvetica, sans-serif;\" width=\"200\" height=\"108\">\n<h1><img decoding=\"async\" src=\"http:\/\/www.randaw.co.uk\/wp-content\/uploads\/2017\/04\/PS_.jpg\" \/><\/h1>\n<\/td>\n<td style=\"font-family: Arial, Helvetica, sans-serif;\" height=\"108\">\n<h1 align=\"center\"><em>Connecting you to Verified Independent Chartered Surveyors<\/em><br \/>\n<span class=\"style14\" style=\"color: #1b5fa8;\"><span style=\"font-size: xx-large;\">This Month&#8217;s Newsletter<\/span><\/span><br \/>\n<a href=\"http:\/\/www.propertysurveying.co.uk\/INDEX\/INDEX1.html\">www.propertysurveying.co.uk<\/a><\/h1>\n<\/td>\n<td style=\"font-family: Arial, Helvetica, sans-serif;\" width=\"200\" height=\"108\">\n<h1><img decoding=\"async\" src=\"http:\/\/www.randaw.co.uk\/wp-content\/uploads\/2017\/04\/PS_.jpg\" \/><\/h1>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<table border=\"0\" width=\"930\" cellpadding=\"3\" align=\"center\" bgcolor=\"#1B5FA8\">\n<tbody>\n<tr>\n<td class=\"style8\" style=\"font-family: Arial, Helvetica, sans-serif; color: #ffffff; font-weight: bold;\">\n<h1 align=\"center\"><a class=\"style12\" style=\"color: #ffffff; font-size: 16px;\" href=\"http:\/\/www.propertysurveying.co.uk\/INDEX\/INDEX1.html\">Home<\/a><\/h1>\n<\/td>\n<td class=\"style8\" style=\"font-family: Arial, Helvetica, sans-serif; color: #ffffff; font-weight: bold;\">\n<h1 align=\"center\"><a class=\"style12\" style=\"color: #ffffff; font-size: 16px;\" href=\"http:\/\/www.propertysurveying.co.uk\/INDEX\/CONTACTUS.html\">Contact Us<\/a><\/h1>\n<\/td>\n<td class=\"style8\" style=\"font-family: Arial, Helvetica, sans-serif; color: #ffffff; font-weight: bold;\">\n<h1 align=\"center\"><a class=\"style12\" style=\"color: #ffffff; font-size: 16px;\" href=\"http:\/\/www.propertysurveying.co.uk\/INDEX\/newsletters-archive.html\" target=\"_blank\" rel=\"noopener noreferrer\">Newsletter Archive<\/a><\/h1>\n<\/td>\n<td class=\"style8\" style=\"font-family: Arial, Helvetica, sans-serif; color: #ffffff; font-weight: bold;\">\n<h1 align=\"center\"><a class=\"style12\" style=\"color: #ffffff; font-size: 16px;\" href=\"http:\/\/www.propertysurveying.co.uk\/newsletter\/\" target=\"_blank\" rel=\"noopener noreferrer\">Subscribe<\/a><\/h1>\n<\/td>\n<td class=\"style8\" style=\"font-family: Arial, Helvetica, sans-serif; color: #ffffff; font-weight: bold;\">\n<h1 align=\"center\"><a class=\"style12\" style=\"color: #ffffff; font-size: 16px;\" href=\"http:\/\/www.propertysurveying.co.uk\/INDEX\/OTHERUSEFULWEBSITES.html\">Other Useful Links<\/a><\/h1>\n<\/td>\n<td class=\"style8\" style=\"font-family: Arial, Helvetica, sans-serif; color: #ffffff; font-weight: bold;\">\n<h1 align=\"center\"><a class=\"style12\" style=\"color: #ffffff; font-size: 16px;\" href=\"http:\/\/www.propertysurveying.co.uk\/INDEX\/ABOUTTHISSITE.html\">About this Website<\/a><\/h1>\n<\/td>\n<td class=\"style8\" style=\"font-family: Arial, Helvetica, sans-serif; color: #ffffff; font-weight: bold;\">\n<h1 align=\"center\"><a class=\"style12\" style=\"color: #ffffff; font-size: 16px;\" href=\"http:\/\/www.propertysurveying.co.uk\/INDEX\/LEGAL1.html\">Legal<\/a><\/h1>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<table border=\"0\" width=\"930\" cellpadding=\"10\" align=\"center\" bgcolor=\"#FFFFFF\">\n<tbody>\n<tr>\n<td style=\"font-family: Arial, Helvetica, sans-serif;\" align=\"left\" valign=\"top\" bgcolor=\"#FFFFFF\">\n<p class=\"style14\" style=\"color: #1b5fa8;\" align=\"center\"><span style=\"font-size: x-large;\"><strong>Welcome to the Property Advice Newsletter<br \/>\n<span style=\"font-size: medium;\">Written by Independent Chartered Surveyors<br \/>\nof the UK wide network of Property Professionals<\/span><\/strong><\/span><\/p>\n<p class=\"style14\" style=\"color: #1b5fa8;\" align=\"center\"><span style=\"font-size: x-large;\"><a class=\"style2\" href=\"http:\/\/www.propertysurveying.co.uk\/INDEX\/INDEX1.html\">www.PropertySurveying.co.uk<\/a><\/span><\/p>\n<p class=\"style14\" style=\"color: #1b5fa8;\" align=\"center\"><span style=\"font-size: large;\">Publication date: September 2017<\/span><\/p>\n<p align=\"center\"><span style=\"font-size: medium;\"><em>In this month&#8217;s edition &#8230; we look at how the Bank of England is beginning to tackle Britain&#8217;s worrying level of unsecured debt, discuss how &#8216;right-sizing&#8217; pensioners could be the key to tackling the housing shortage, ask why lack of housebuilder confidence has halted the construction of much needed supported homes, and discover how one man solved\u00c2\u00a0his property selling stalemate &#8230;<\/em><\/span><\/p>\n<h2><a href=\"http:\/\/www.propertysurveying.co.uk\/newsletter\/?page_id=17389\">The Property Market Monthly Fact File<\/a><\/h2>\n<p><span style=\"font-family: georgia, palatino, serif; font-size: medium;\">The property market fact file is a collection of data compiled each month by our Chartered Surveyors and the\u00c2\u00a0<a href=\"http:\/\/www.propertysurveying.co.uk\/INDEX\/INDEX1.html\">propertysurveying.co.uk<\/a>\u00c2\u00a0team; collating survey data, statistics, trends and information from the property market. This aims to provide a single place where anyone with an interest in UK property can find much of the information they need.<\/span><\/p>\n<hr \/>\n<p>&nbsp;<\/p>\n<h2><span style=\"color: #3366ff;\"><a title=\"What is 'staircase tax' and will it affect me?\" href=\"http:\/\/www.propertysurveying.co.uk\/newsletter\/?page_id=18554\">What is &#8216;staircase tax&#8217; and will it affect me?<\/a><\/span><\/h2>\n<p><span style=\"color: #1a1a1a; font-family: Merriweather, Georgia, serif; font-size: 16px;\">The Supreme Court ruling that treats\u00c2\u00a0self-contained pieces of a property as a separate hereditament will mean backdated property tax bills for thousands of small businesses.<\/span><\/p>\n<hr \/>\n<h2><span style=\"color: #3366ff;\"><a title=\"Changes to funding of supported housing halt the building of homes for the vulnerable\" href=\"http:\/\/www.propertysurveying.co.uk\/newsletter\/?page_id=17433\">Changes to funding of supported housing halt the building of homes for the vulnerable<\/a><\/span><\/h2>\n<p><span style=\"color: #1a1a1a; font-family: Merriweather, Georgia, serif; font-size: 16px;\">Housing associations deliver approximately one third of England&#8217;s supported and sheltered homes, but plans to build new &#8216;supported, sheltered and extra care&#8217; homes have now been reduced from 8,800 to just 1,350 units.<\/span><\/p>\n<hr \/>\n<table style=\"height: 13px; width: 912.57px;\">\n<tbody>\n<tr>\n<td style=\"width: 584px;\">\n<h2><span style=\"color: #3366ff;\"><a title=\"Home improvements soaring as Brits dig deep\" href=\"http:\/\/www.propertysurveying.co.uk\/newsletter\/?page_id=17413\">Home improvements soaring as Brits dig deep<\/a><\/span><\/h2>\n<p><span style=\"color: #1a1a1a; font-family: Merriweather, Georgia, serif; font-size: 16px;\">The Halifax says the rise in planning applications for property improvements\u00c2\u00a0is a bid to circumvent a soaring property market.<\/span><\/td>\n<td style=\"width: 325.57px;\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone\" src=\"http:\/\/www.propertysurveying.co.uk\/newsletter\/wp-content\/uploads\/attic-112267-Copy-300x199.jpg\" alt=\"Home improvements soaring as Brits dig deep\" width=\"300\" height=\"199\" \/><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h2><\/h2>\n<hr style=\"font-size: 12px;\" \/>\n<h2><span style=\"color: #3366ff;\"><a title=\"Utility companies paying \u00c2\u00a32,500 a day to dig up the road\" href=\"http:\/\/www.propertysurveying.co.uk\/newsletter\/?page_id=18563\">Utility companies paying \u00c2\u00a32,500 a day to dig up the road<\/a><\/span><\/h2>\n<p style=\"font-size: 12px;\"><span style=\"color: #1a1a1a; font-family: Merriweather, Georgia, serif; font-size: 16px;\">Transport for London and Kent County Council have been the first authorities to trial the government&#8217;s lane rental scheme. Consultation is now underway to consider the removal of the &#8216;sunset&#8217; clause that requires the scheme to close in March 2019 unless regulations are amended.<\/span><\/p>\n<hr \/>\n<h2><\/h2>\n<table style=\"height: 6px; width: 913.681px;\">\n<tbody>\n<tr>\n<td style=\"width: 317px;\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone\" src=\"http:\/\/www.propertysurveying.co.uk\/newsletter\/wp-content\/uploads\/pound-414418-Copy-300x200.jpg\" alt=\"Spiralling unsecured debt growth continues to cause concern\" width=\"300\" height=\"200\" \/><\/td>\n<td style=\"width: 583.681px;\">\n<h2><span style=\"color: #3366ff;\"><a title=\"Spiralling unsecured debt growth continues to cause concern\" href=\"http:\/\/www.propertysurveying.co.uk\/newsletter\/?page_id=17458\">Spiralling unsecured debt growth continues to cause concern<\/a><\/span><\/h2>\n<p><span style=\"color: #1a1a1a; font-family: Merriweather, Georgia, serif; font-size: 16px;\">The Bank of England recently asked lenders to set aside \u00c2\u00a311.4 billion over the next 18 months, to protect against potential defaults as consumer credit continues to grow faster than wage growth. Mortgage lenders should now tighten their rules to ensure they are not over-exposed.<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h2><\/h2>\n<hr \/>\n<h2><\/h2>\n<h2><span style=\"color: #3366ff;\"><a title=\"'Generation Stuck' - half of pensioners would consider downsizing if the right type of properties were available\" href=\"http:\/\/www.propertysurveying.co.uk\/newsletter\/?page_id=17410\">&#8216;Generation Stuck&#8217; &#8211; half of pensioners would consider downsizing if the right type of properties were available<\/a><\/span><\/h2>\n<p><span style=\"color: #1a1a1a; font-family: Merriweather, Georgia, serif; font-size: 16px;\">Research suggest that 5.7 millon pensioners would consider downsizing, and a stamp duty exemption would encourage them. The figures show that over 11 million pensioners could be on the move by 2036.<\/span><\/p>\n<hr \/>\n<h2><\/h2>\n<h2><span style=\"color: #3366ff;\"><a title=\"Modern prefabrication methods help the delivery of new housing around the country while keeping employment local\" href=\"http:\/\/www.propertysurveying.co.uk\/newsletter\/?page_id=17436\">Modern prefabrication methods help the delivery of new housing around the country while keeping employment local<\/a><\/span><\/h2>\n<p><span class=\"style14\" style=\"color: #1b5fa8;\"><span style=\"font-family: georgia, palatino, serif; font-size: medium;\"><span style=\"color: #000000;\">The Mayor of London has committed to invest \u00c2\u00a325 million to deliver over one thousand new affordable homes for first time buyers in London. A third of the one and two-bedroom houses will be constructed using prefabricated, offsite construction methods.<\/span><\/span><\/span><\/p>\n<p>&nbsp;<\/p>\n<hr style=\"font-size: 12px; font-weight: normal;\" \/>\n<h2><span style=\"color: #3366ff;\"><a title=\"Why not 'ditch the big city loneliness' and embrace community living?\" href=\"http:\/\/www.propertysurveying.co.uk\/newsletter\/?page_id=17401\">Why not &#8216;ditch the big city loneliness&#8217; and embrace community living?<\/a><\/span><\/h2>\n<p><span class=\"style14\" style=\"color: #1b5fa8;\"><span style=\"font-family: georgia, palatino, serif; font-size: medium;\"><span style=\"color: #000000;\">A new wave of tiny apartment &#8216;microflats&#8217; offer an alternative to traditional living and working habits, as young working people come together in a new development in\u00c2\u00a0London&#8217;s Old Oak Common.<\/span><\/span><\/span><\/p>\n<hr \/>\n<table style=\"height: 37px; width: 913.063px;\">\n<tbody>\n<tr>\n<td style=\"width: 313px;\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone\" src=\"http:\/\/www.propertysurveying.co.uk\/newsletter\/wp-content\/uploads\/Appledore-second-homes-225x300.jpg\" alt=\"Second home ownership increases wealth inequality\" width=\"225\" height=\"300\" \/><\/td>\n<td style=\"width: 592.063px;\">\n<h2><span style=\"color: #3366ff;\"><a title=\"Second home ownership increases wealth inequality\" href=\"http:\/\/www.propertysurveying.co.uk\/newsletter\/?page_id=17381\">Second home ownership increases wealth inequality<\/a><\/span><\/h2>\n<p><span class=\"style14\" style=\"color: #1b5fa8;\"><span style=\"font-family: georgia, palatino, serif; font-size: medium;\"><span style=\"color: #000000;\">Using figures drawn from sources that include the Office of National Statistics, a new report reveals a growing gap between those who have property wealth and those who don&#8217;t.<\/span><\/span><\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><span class=\"style14\" style=\"color: #1b5fa8;\"><span style=\"font-family: georgia, palatino, serif; font-size: medium;\"><span style=\"color: #000000;\">\u00c2\u00a0<\/span><\/span><\/span><\/p>\n<h2>And Finally &#8230;<\/h2>\n<h2><span style=\"color: #3366ff;\"><a title=\"How to own a beautifully restored home with ballroom, cinema room and six bedrooms for \u00c2\u00a32\" href=\"http:\/\/www.propertysurveying.co.uk\/newsletter\/?page_id=17426\">How to own a beautifully restored home with ballroom, cinema room and six bedrooms for \u00c2\u00a32<\/a><\/span><\/h2>\n<p><span class=\"style14\" style=\"color: #1b5fa8;\"><span style=\"font-family: georgia, palatino, serif; font-size: medium;\"><span style=\"color: #000000;\">After spending \u00c2\u00a3150,000 on the property that he thought needed &#8216;just a lick of paint&#8217;, the owner of a Grade II listed property in Lancashire began to struggle with the mortgage. He chose a novel way of solving his problem.<\/span><\/span><\/span><\/p>\n<hr \/>\n<p align=\"center\">This newsletter is a free service by\u00c2\u00a0<a href=\"http:\/\/www.propertysurveying.co.uk\/INDEX\/INDEX1.html\">PropertySurveying.co.uk<\/a>\u00c2\u00a0for those with an interest in the UK Property Market. As well as being posted online here,\u00c2\u00a0it is emailed direct to our subscribers all across the country.<\/p>\n<div align=\"center\">\n<p align=\"center\"><a href=\"mailto:office@propertysurveying.co.uk\"><span style=\"color: #0000ff;\">office@propertysurveying.co.uk<\/span><\/a><\/p>\n<p align=\"center\"><strong><a href=\"http:\/\/www.propertysurveying.co.uk\/newsletter\/\">To receive further details or to subscribe, click here.<\/a>\u00c2\u00a0 <\/strong>(We promise never to share your details with a third party.)<\/p>\n<p align=\"center\"><span style=\"font-size: small;\">The next newsletter will be published in October.<\/span>\u00c2\u00a0<a href=\"http:\/\/www.propertysurveying.co.uk\/INDEX\/newsletters-archive.html\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-size: small;\"><span style=\"color: #0000ff;\">Click here to access the Newsletters Archive<\/span><\/span><\/a><\/p>\n<p align=\"left\">\n<\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Connecting you to Verified Independent Chartered Surveyors This Month&#8217;s Newsletter www.propertysurveying.co.uk Home Contact Us Newsletter Archive Subscribe Other Useful Links About this Website Legal Welcome to the Property Advice Newsletter Written by Independent Chartered Surveyors of the UK wide network of Property Professionals www.PropertySurveying.co.uk Publication date: September 2017 In this month&#8217;s edition &#8230; we look &hellip; <a href=\"https:\/\/www.propertysurveying.co.uk\/newsletter\/?page_id=17387\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;September 2017 Property Surveying Newsletter&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"template-page-builder-no-sidebar.php","meta":{"footnotes":""},"folder":[568],"class_list":["post-17387","page","type-page","status-publish","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.3 - 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