Buy-to-let considerations
Posted by: Titlesolv
In an attempt to help first time buyers and boost home ownership, numerous policy changes since 2015 have made it clear that the government is targeting the buy-to-let market and the purchase of second homes.
The evolving role of the NPPF and paragraph 49
Posted by: Titlesolv
Since the introduction in England of the National Planning Policy Framework (NPPF) in 2012, there has been a proliferation of judicial reviews over its application when determining planning applications for housing.
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.
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.
Remortgages rise post-Brexit
Posted by: Titlesolv
Figures published by the Bank of England in the summer confirmed the predicted slowdown in the property market and subsequent fall in mortgage applications following the Brexit vote. This was in addition to the stamp duty increase on buy-to-let properties in the last Budget. In contrast however, the popularity of remortgages grew; increasing by 6% from June to July this year.
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