Turn and face the strange of 2016
Posted by: Titlesolv
2016 was certainly a year of Changes, to quote singer/songwriter David Bowie, whose death in January was for many a portent of the tumultuous year ahead in the political and economic spheres. The three per cent rise in stamp duty on second homes and buy-to-let purchases was greeted with some dismay, particularly as the government's initial consultation had suggested that there could be an exemption for investors buying 15 or more properties.
Making a statement
Posted by: Titlesolv
The country's housing shortage topped Chancellor Philip Hammond's Autumn Statement in November, who promised to deliver a housing market that works for everyone.
Battle of the basements
Posted by: Titlesolv
Increasing pressure for space in city centres, accompanied by the premium commanded by residential land, have resulted in numerous basement developments during the last 10 years. Unlike roof extensions, basement developments generally pose little or no risk of harm to the light amenity enjoyed by neighbours. Nevertheless, basement developments in residential areas can be highly controversial. Neighbours can react with alarm to the excavations and engineering operations required to create a basement, or the risk of structural damage to their property.
Stand and deliver
Posted by: Titlesolv
As the government comes under increasing pressure to meet housing targets, compulsory purchase orders (CPOs) are gaining favour as a means of allowing a public body to take a property by right where it is needed as a matter of public interest.
Buy-to-let under pressure
Posted by: Titlesolv
Buy-to-let lenders are facing a double whammy, and as a result, will start to stress-test buyers at a higher threshold from January 2017.
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