Restrictive Covenant headaches can lead to Indemnity Insurance increases.
There are many reasons why people do, and need to, work from home. Indeed, the internet and the ability to have a fully functioning office from home have transformed the way and the place that many persons work. But is it legal?
A commercial property tenant with a long lease may be able to acquire the freehold of their building, even if it is not being used as a house. The result could potentially have a huge impact on enfranchisement claims.
To read the whole article, click here.
Lack of clarity in what was being purchased in house buying process proves expensive for purchasers of £7,000,000 property.
Two Government property vehicles are to be created to take control of the Government’s property portfolios in London and Bristol.
These vehicles will act as if they are in the private sector and coordinate the occupation, sale and leasing or purchasing of Government Property.
To read the whole article, click here.
In today’s financial climate, buying a house at auction is not necessarily a cheaper alternative to estate agents.
No council tax property revaluation of houses and buildings in England.
24 September 2010
Questions such as What is Radon?, Should I worry about it?, Is my house affected?, How do I test my property for it? How much does it cost to treat it? answered on one page, plus links to websites which provide further information.
A recent survey for the Council of Mortgage Lenders shows that people still see owning their own property, home or house as a long-term aim.
To read more, click here.
Evidence of a North / South divide, before the government’s spending cuts, has been indentified.
Results of a study of vacant retail property and buildings and of local authority resilience to cuts, are now available.
To read more, click here.
The Nationwide Building Society Survey of house prices on a monthly basis has been released today.
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It reports that prices fell to record no change in prices over the three month indicator.Â
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Martin Gahbauer, Nationwide’s Chief Economist reports that “Houseprices fell by 0.9% month-on-month (m/m) in August, following a decline of 0.5% m/m in July. This is the first time since February 2009 that house prices have fallen in two consecutive months. The 3 month on 3 month rate of change – generally a smoother indicator of the recent price trend – fell from 1.2% in July to 0.0% in August, suggesting that house prices have essentially stagnated over the summer.â€
The main holiday period (late July and August) is traditionally a slightly quieter time within the property market and it will be interesting to note the next two months figures which will give a better indication of the direction of the market over the Autumn period.
02nd September, 2010
