Cities Minister Greg Clark announced on 23 Jan that more cities in England will now be offered the opportunity to agree a bespoke deal with Government to unlock their potential to drive economic growth, on top of the 11 cities, including Nottingham, Birmingham, Bristol and Sheffield, that are already in negotiations.
Read the rest of the article here.
The Council of Mortgage lenders (CML) has indicated that there were 18,700 loans for first-time-buyers in December of last year, up 14% on december of 2010 and 7% higher than November last year.
They have suggested that the increase might be due to first timers trying to purchase homes before the end of the 1% stamp duty holiday in March.
Overall, however, the number of mortgages granted to homebuyers in 2011 fell 6% to 509,500.
The Association of British Insurers (ABI) has indicated that up to 200,000 homes at risk of flooding in populous areas like Nottingham and Skegness could become uninsurable next year.
Read the whole article, and find out whether you will struggle to renew your insurance, by clicking here.
nottinghamsurveyors.co.uk – With a huge jackpot like the £45m Gareth and Catherine Bull from Mansfield, Nottinghamshire, have just won, their thoughts must be turning to the luxury they might be soon moving in to.
Just a few miles from Mansfield a mid 19th Century, 7 bedroom, detached, Grade II listed property could be the one for them; with a price tag stated simply as ‘POA’ (Price On Application).
Or if they wanted to be particularly decedant, a unique period property exists over in Macclesfield at a cost we can only guess at, but one which likely fully reflects the Hampton Court esque gardens, six reception rooms and in house staff accomodation.
Wherever they choose to go, the local member of the propertysurveying.co.uk network will no doubt be extremely happy to assist!
Climate change Minister Greg Barker and new secretary of state Ed Davey (replacing the recently rsigned Chris Huhne) are today expected to announce changes to the way renewable subsidies are paid, in light of the contreversial and ongoing attempts to reduce solar FITs by half.
In particular, they are expected to announce reforms to the way the feed in tariff is administered so it is financially sustainable and increases certainty for investors.
We understand that the government will introduce a mechanism that will gradually reduce the FIT to match the falling price of photovoltaic panels.
Read more about FITs in our articles on the review process and the attempts to force through a substantial cut in FIT payments.
birminghambuildingsurveyors.co.uk – If you are buying a property in Birmingham, or anywhere in the West Midlands and South Staffordshire area, the Right Surveyors West Midlands can give you the peace of mind you need to fully enjoy your purchase.
Living in a property with hidden defects can cost thousands in the future. Having a fully qualified and experienced professional survey your property will highlight these defects and help you plan your budget accordingly. If you haven’t completed on your purchase, it could also give you a valuable bargaining tool.
Right Peat MRICS is the Director of Right Surveyors West Midlands. He will be happy to deal with any enquiries and provide quotes.
Give the West Midlands team a call for a free, no obligations chat about how we can help.
derbysurveyors.co.uk– Kier Partnership Homes has been appointed as the development partner for the old Manor and Kingsway Hospital site in Derby, comprising a deal worth £100 million over 10 years.
The HCA and Derby Council chose Kier – whose proposals include a business park to support 450 jobs – after preparing the site for development. Of the 700 homes to be built, ‘a number’, yet to be disclosed, will be affordable.
Kier will now work with the healthcare service providers on the site to ensure the new scheme meshes with the provision of essential services. Works are planned to start on site in Autumn 2012.
More information can be found here, on the Inside Housing Website.
Richard Peat MRICS, local to Birmingham, has become the local Director of a Right Surveyors practice in the West Midlands, providing surveys and professional consultancy to his home town and beyond. An experienced practitioner and dedicated local professional, having spent many years in the business, Richard is a Building Surveyor able to provide a wide range of property services in a professional and prompt manner.
Examples include Property Surveys, Building Surveys, Structural Surveys, House Purchase Surveys, Homebuyers Reports, Major Defects Reports, Home Surveys and Property Valuations, Property Acquisition work, Party wall work and acting as an Independent Expert Witness.
Contact Richard by following this link if you are purchasing, developing or repairing a property in the Birmingham area or anywhere in the West Midlands. He will be happy to help.
The Right Surveyors provide property consultancy services all over the country, go to their homepage to find out more about the professional services they could provide you with.
Phil Routledge MRICS, local to Nottingham, has become the newest Director of a Right Surveyors practice, providing surveys and professional consultancy to his home town and beyond. An experienced practitioner and dedicated local professional, having spent 30 years in the business, Phil is a Building Surveyor able to provide a wide range of property services.
Examples include Property Surveys, Building Surveys, Structural Surveys, House Purchase Surveys, Homebuyers Reports, Major Defects Reports, Home Surveys and Property Valuations, Property Acquisition work, Party wall work and acting as an Independent Expert Witness.
Contact Phil by following this link if you are purchasing, developing or repairing a property in the Nottingham area or anywhere in Nottinghamshire. He will be happy to help.
The Right Surveyors provide property consultancy services all over the country, go to their homepage to find out more about the professional services they could provide you with.
exetersurveyors.co.uk – Morgan Sindall, a leading UK construction group, has won a £16m design and build contract for a new student residential development of 487 beds spread over three to five storey buildings in Exeter.
Most of the construction will actually be carried out offsite and brought to the development complete, including complete bathroom ‘pods’.
