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Ditch leasehold for commonhold says Law Commission

Tue 11 Dec 2018

Ditch leasehold for commonhold says Law Commission

It's time to expand the commonhold system of home ownership and give more people the chance to own their property outright without having to pay a lease.

That's the view of the Law Commission, which has been carrying out a review of the leasehold system in England and Wales.

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Law firms to offer transparency on pricing

Fri 16 Nov 2018

Law firms to offer transparency on pricing

Solicitors will have to publish the prices they charge for conveyancing and probate services under new rules imposed by the Solicitors Regulation Authority (SRA).

From next month, potential clients will also be given a projected timescale for how long the work is expected to take.

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Modular homes could provide quickfire answer to housing shortage

Wed 14 Nov 2018

Modular homes could provide quickfire answer to housing shortage

Modular housing should be used to address the housing crisis in the UK. With demand for housing far outstripping supply, the Government has announced targets of building 300,000 new homes every year by the mid-2020s.

However, that worthy target does not address the here and now, and that's where modular homes can bridge the gap.

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Discounted price offers boon to property bargain hunters

Wed 24 Oct 2018

Discounted price offers boon to property bargain hunters

The time is right for property bargain hunters to make their move. Data from online estate agent listings site Zoopla has revealed that the prices of more than a third of properties on the market have been cut.

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Study shows 600k vacant properties across England

Mon 22 Oct 2018

Study shows 600k vacant properties across England

There are more than 600,000 empty homes across England with a third of those properties vacant for more than six months.

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New-build homes to be sold as freehold as 'unfair' leasehold practices are outlawed

Thu 18 Oct 2018

New-build homes to be sold as freehold as 'unfair' leasehold practices are outlawed

Most new-build houses will now be sold as freehold as the Government moves to outlaw "unscrupulous" practices in the leasehold sector. Meanwhile, ground rents will be capped at the nominal sum of £10 a year.

A consultation on the proposals has now been launched by Communities Secretary James Brokenshire.

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London community land trust's £1m boost to self-build homes

Mon 08 Oct 2018

London community land trust's £1m boost to self-build homes

A community land trust in south London has been given a funding boost of almost £1 million to self-build affordable homes for local residents. The Rural Urban Synthesis Society (RUSS) has received £988,000 from the Mayor of London's Innovation Fund to build 33 homes in Lewisham.

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New watchdog will protect interests of new-build homeowners

Wed 03 Oct 2018

New watchdog will protect interests of new-build homeowners

Homeowners who buy a new-build property are to get the protection of a new homes ombudsman behind them. The Government has announced the creation of the watchdog to protect the interests of new-build buyers and ensure developers are held to account when there are problems.

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