Worth the risk?
Posted by: Titlesolv
Published at the beginning of February, the long- awaited Housing white paper had the admirable purpose of 'fixing our broken housing market'. Whilst its aims are commendable, it carries a number of transactional risks which should be considered by all operating in the property sector.
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.
The Insurance Act 2015
Posted by: Titlesolv
The Insurance Act 2015 came into force on the 12th of August. This Act together with the consumer insurance reforms that came into effect in 2013 have provided the greatest change to insurance contract law for over 100 years. The Insurance Act 2015 amends some key sections of the Marine Insurance Act 1906, which were regarded as not reflecting good insurance practice and is considered to be broadly neutral between insurer and insured.
Further blows for Buy to Let
Posted by: Titlesolv
George Osborne's budget brought mixed news for the property industry. The predicted 3 per cent uplift in stamp duty land tax (SDLT) on second homes and buy-to-let properties will not have come as a surprise to many.
A Developers Policy
Posted by: Titlesolv
Following the financial crisis, short-term lenders expanded their funding to small and medium-sized developments, requiring a reappraisal of traditional title insurance products.
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