In this month’s Property Surveying Newsletter … we look at ‘different’ ways of reducing costs, discover how the NHBC is failing home owners and consider the usefulness of spray foam loft insulation
The Property Market Monthly Fact File
The property market fact file is a collection of data compiled each month by our Chartered Surveyors and the propertysurveying.co.uk team, reflecting survey data, statistics, trends and information from the property market. This provides a single place where anyone with an interest in UK property can find the information they need.
Contrived attempt at tax avoidance using Multiple Dwelling Relief
A “contrived” attempt at tax avoidance by declaring a pool house as a separate dwelling to a property has been prosecuted by the Inland Revenue. Alexander and Rebecca Clark had claimed Multiple Dwelling Relief on their six bedroom property in Berkshire.
Spray foam loft insulation and why you shouldn’t use it
A couple have been approached by a company that told them their insulation had been carried out inappropriately and that it should be removed. Not knowing what to do, they contacted their local independent Chartered Surveyor to ask for proportionate advice with respect to whether, and how, to remove the insulation or take any other action.
Homeowner frustrations over NHBC process
The National House Building Council (NHBC) should mean that any issues with the new build property are dealt with by the builder and covered by insurance over the first ten years of the building’s ‘life’. However, even a ten year warranty has left some new build home owners with problem homes.
Housebuilder told to remove building with no planning permission
House builder Taylor Wimpey has been told to remove a property built without planning permission. The property in Cranbrook is located on the high street and was erected to serve as a sales centre for the company.
What is the New Homes Ombudsman do and how does it affect you?
The government has made it compulsory for all housebuilders to join and comply with the New Homes Ombudsman Service in an attempt to improve consumer protection for new property purchasers.
OBR – what’s in store beyond 24?
Want to know shat’s going on with the housing market? We take a brief look into the housing market to help you decide whether to buy, sell or sit on your hands.
Snail Farm in Liverpool claims exemption from business rates … in an office block (and it’s not the only one)
A company with “a proven track record of minimising the liability for empty property rates” that describes itself as the “Canceller of the Exchequer” has a novel way of reducing its rates.
And finally …
Japanese rural properties being abandoned
While the UK is cramming in new build homes to feed an ever hungry market of people, Japan has the opposite problem.
Written by Independent Chartered Surveyors
of the UK wide network of Property Professionals
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