Brave enough to buy a fixer-upper?
The residential property market has boomed significantly over the last two years, with property prices rising by more than 10% in the last 12 months alone. As such, many first-time buyers continue to be priced…
Cladding clodhoppers
For the poor leaseholders trapped in apartment blocks with cladding that needs to be replaced selling their property is nigh on impossible. Ever since it became apparent following the Grenfell Tower fire in 2017 that…
Leasehold Reform (Ground Rent) Act 2022 – comes into force on 30 June
The Association of Leasehold Enfranchisement Practitioners (ALEP) has welcomed confirmation that the Leasehold Reform (Ground Rent) Act 2022 will come into force on 30 June 2022, but has warned that it gives little time for…
Cuba Street Tower, you’re welcome
Back in January I wrote this article asking Would you feel safe in a 51 storey building with only one staircase?, writes Zah Azeem, Partner at Wimbledon based Chartered Surveyors, Scrivener Tibbatts. Well, we…
Psst… anyone want to buy an embassy?
Apparently Roman Abramovich’s attempts to offload his London properties have been thwarted by the UK government’s imposition of sanctions on those deemed to support Vladimir Putin’s invasion of Ukraine. According to Property Industry Eye Abramovich’s 15-bedroom mansion…
The improving power of Art
Photo by Zach Key on Unsplash Have you ever wondered why the swankiest office receptions display expensive artwork? Have you ever wondered how much of your fees might have gone towards supporting the fine art on display in…
HMRC announces latest monthly residential property sales
The number of property transactions in Britain fell by 12.6% in January compared with the same month last year, official figures released yesterday show. There were 85,520 residential property transactions last month, down from 97,810…
Should you buy in Scotland rather than Wimbledon?
Were you surprised, as we were, to read that the usually sure footed former presenter of Location, Location, Location, Kirstie Allsopp say “that many young people could afford to buy a home if they made more…
Would you feel safe in a 51 storey building with only one escape staircase?
An application for a residential 51 storey tower close to London’s Canary Wharf has been delayed due to fire safety concerns from the London Fire Brigade. The skyscraper’s plans, which include 428 apartments, were withdrawn…
MPs to set ground rent at ‘1 peppercorn a year’ for new builds
MPs have backed plans to set ground rent for new builds in England and Wales at ‘one peppercorn’ a year for leaseholders. The Leasehold Reform Bill has been supported by MPs and passed its first…