pressure
Around half of homes in cities such as London and Manchester are leasehold
Leasehold properties, which can take longer to buy and come with additional costs, are alive and well in England and Wales, particularly in London and Manchester, new research shows. Indeed some 53% of homes in London are leasehold and 46% in Manchester while overall in the country just 15% are leasehold, according to a report […] The post Around half of homes in cities such as London and Manchester are leasehold appeared first on PropertyWire . Continue reading →
UK Government seeks evidence on impact of super basement developments
As part of a review of so called super basements in London, the UK Government is seeking evidence on how these developments impact on neighbouring properties. It is asking for details on the number of basement developments, how they are treated by the planning system and how any adverse impact can be dealt with through […] The post UK Government seeks evidence on impact of super basement developments appeared first on PropertyWire . Continue reading →
Brexit means slower house price growth and sales in UK over coming years
Economic uncertainty is set to trigger two years of very low house price growth in the UK but an extension of the low interest rate environment will prevent a price correction, says new research. Mainstream house price growth is expected to remain flat over the next year to 18 months, growing just 2% by the […] The post Brexit means slower house price growth and sales in UK over coming years appeared first on PropertyWire . Continue reading →