Planning

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

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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

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Equity release reaches another record in UK as home owners cash in

The total value of equity release lending in the UK reached a new record in the third quarter of 2016 of £571.6 million, up 26% year on year. The latest figures from the Equity Release Council suggest that more and more home owners now see releasing funds from their property as an important part of […] The post Equity release reaches another record in UK as home owners cash in appeared first on PropertyWire . Continue reading

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