Cladding and enfranchisement In this article, Mark Chick – Director of the Association of Leasehold Enfranchisement Practitioners (ALEP) – considers the issues that someone affected by cladding may need to consider before buying their freehold. Download the full article here External cladding - why is this an issue? The horrific events of
Property price update from Kate Faulkner - March 2021 What's happening in the property market currently? While we thought we were all heading for a nightmare guillotine at the end of March in the property market, thank goodness the Treasury listened to all those who worked hard to
New property price forecasts following the budget How will the budget impact on the property market for 2021? While listening to the budget, I could hear huge sighs of relief, especially from the 100,000+ movers who were very worried their purchase might not go through in time for the
Any surprises in Rishi Sunak's Budget in 2021? Yes there were! Lots of things not done that people feared, including, no changes to Capital Gains Tax, no changes to income tax, VAT etc. In reality, this was a pretty good Budget for everyone except tenants in rent arrears
Kate Faulkner's property price update - February 2021 What's happening in the property market currently? A bit more of a mixed picture this month from the indices, some reporting on December, some stretching into January. I tend to ignore the monthly price/reported changes, they tend
Leasehold enfranchisement - the importance of valuation In this article, Henrietta Hammonds member of ALEP’s Advisory Committee and Partner at member firm Beckett and Kay considers the importance of valuation in relation to the enfranchisement of leasehold properties. If you’ve decided to extend the lease on your existing
Do you understand what the Green Belt actually means? The Green Belt is one of the central mysteries of the English planning process. Most people think they have an idea what it is and what it is for – and often they are only half-right. Meanwhile, the government and councils keep
Kate Faulkner's property price report - January 2021 What's happening in the property market currently? The NAEA perhaps have some of the most startling facts this month from the indices, especially considering we had our second lockdown in England during November: * Average number of prospective buyers
Latest leasehold changes explained Mark Chick – ALEP and Bishop & Sewell leasehold reform roundup – January 2021 Government announces big leasehold changes – here's what they mean Following last week’s government announcement outlining proposed reforms to the leasehold system, Mark Chick, ALEP Director and Senior Partner at Bishop &
Rental market forecasts - 2021 and beyond Over the next year or so, it’s likely to that rents will stagnate – even though some are predicting continued rises. The reason being is that rents are very much tied to wages and it’s hard to see how these will increase
Property price and market report - December 2020 What's happening in the property market currently? Each month we’ve been following property prices since the market opened in May and we’ve seen house price rises increase more and more each month. In June, initial post lockdown data
Current rental market performance - Q3 2020 Summary of rental reports - report headlines Belvoir For all offices in England, Wales and Scotland which have been trading consistently for over eight years, the average rent for Q3 2020 is £747 per month - a slight decrease of around -1% versus