PropertyWire - UK & International Property News Service
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Leasehold and Freehold Reform Act: Q&A - PropertyWire
WEBAug 29, 2024 · The King’s Speech on 17 July 2024 revealed the new government’s plans to add to the leasehold reform agenda with a new Leasehold and Commonhold Reform Bill. This will aim to make commonhold compulsory for new flats and “end the injustice of forfeiture” for residential leases. In addition, it promises to tackle unfair ground rents and ...
Two London tower block fires in one day - PropertyWire
WEBAug 26, 2024 · A Dagenham tower block caught fire today, resulting in the evacuations of 80 people within the building. Some 20 people were rescued by firefighters following the fire at Dagenham’s Spectrum House, with two being taken to hospital. While a number of flats have been destroyed, the London Fire Brigade has …
8 Ways to Reduce the Impact of Flooding - PropertyWire
WEBDec 21, 2021 · The experts at Buildworld have also highlighted 8 ways to reduce the impact of flooding on your home: Plant Trees: Planting trees, hedges and plants reduce s CO2 in the atmosphere and the effects of climate change. In recent years, climate change has led to melting ice caps which raise sea levels. On a more local scale, planting trees in ...
Property News : UK & International Property News : - PropertyWire
WEBMay 28, 2024 · To provide the best experiences, we and our partners use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us and our partners to process personal data such as browsing behavior or unique IDs on this site and show (non-) personalized ads.
Labour to launch Help to Buy-style ‘Freedom to Buy’ scheme
WEBJun 7, 2024 · The Labour Party plans to bring forward a permanent version of the Help to Buy mortgage guarantee scheme – dubbed Freedom to Buy. The mortgage guarantee scheme is currently set to expire in June 2025, while it applies to homes worth up to £600,000. It works by having the state act as a guarantor for prospective homeowners, giving lenders ...
Soaring mortgage costs mean it’s almost 50% more expensive to …
WEBMay 13, 2024 · In Bristol, the monthly cost of a mortgage is 18% higher than rent. Elsewhere, mortgage costs in Leeds are roughly 21% higher than the average price of rent, while in Liverpool and Birmingham the rates are 29% and 31% respectively. The proportion of owner-occupied households with a mortgage has fallen by 4% in …
The Five Best Questions to Ask During a Viewing - PropertyWire
WEBApr 13, 2022 · To provide the best experiences, we and our partners use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us and our partners to process personal data such as browsing behavior or unique IDs on this site and show (non-) personalized ads.
Expert reveals what to do if your property is valued at less than ...
WEBJun 10, 2022 · A down valuation is where the buyer or remortgage applicant’s mortgage lender values the property for less than the agreed selling price, and is unwilling to lend the full amount as a result of the increased risk. For example, if a buyer has agreed a purchase price of £200,000, but the mortgage valuation is at £180,000, this would be a down ...
Citu sets out its ‘stall’ in Leeds with new low ... - PropertyWire
WEBDec 8, 2022 · Share this. Citu have started on-site at ‘Stall’; a new community of 51 low carbon, high performance, low energy homes which will transform a forgotten brownfield land in the historic area of Kirkstall in Leeds, with a pioneering approach to placemaking that puts people and the climate first. Designed and manufactured locally by Citu, the ...