Estate Agents In York

Thursday, March 12, 2020

Flat block owners to get right to build upwards without planning permission

Move to allow two storeys to be added to blocks is part of push to boost home ownership

The shadows are about lengthen across suburbia. Property owners are to be granted new rights to install extra storeys on housing blocks without planning permission in a government push to boost home ownership that appears likely to provoke furious neighbourhood debates.

The scheme, which will begin this summer, is expected to transform the skyline of residential areas as owners are allowed to build upwards by two storeys without their designs being policed by planners.

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Shared hot water and heating in my block keeps breaking

Savills, who manage the building, charge us £3,000 a year, but seem indifferent to our plight

I purchased a £500,000 flat in January 2018. The building, Millstream House, is managed by Savills and has a central boiler that supplies heating and hot water to all 59 apartments. A month after I moved in there was no hot water or heating. Savills managed to fix the issue after three weeks with no compensation or apologies. The same outage has since occurred again on six occasions. Recently it failed again and engineers were unable to restore it, leaving residents without heat or hot water for three days. We pay around £3,000 a year for management fees, but Savills seems indifferent. TC, Oxford

It sounds as though the development has a district heating system which uses a network of insulated pipes to distribute heat from a local generator. District heating causes lower emissions than conventional systems and has been encouraged by the government, but there are problems. Suppliers don’t have to be licensed so Ofgem has no powers to ensure standards and customers are locked into contracts of 25 years or more with limited access to redress if problems arise. Residents who’ve bought properties that rely on the system, often unwittingly, have also complained of extortionate, unclear bills. Many, like you, have to rely on the managing agent to sort any problems rather than summoning a technician to their home.

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Wednesday, March 11, 2020

The Budget 2020: What it means for the property industry Nottingham Estate Agents

Stamp duty will remain unchanged except for an expected increase on purchases made by non-UK residents, the new Chancellor of the Exchequer has announced. In a Budget with a strong focus on dealing with the coronavirus outbreak, many homebuyers had hoped Stamp Duty Land Tax would be abolished or at least reduced. But Chancellor Rishi […]

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Peek inside some of the tiniest homes on Rightmove

They're effortlessly charming.

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Bob Marley’s former partner faces loss of flat where he lived in 1970s

Esther Anderson seeks £10,000 to keep London home where I Shot the Sheriff was written

A film-maker and actor who dated Bob Marley claims she is being threatened with the imminent repossession of the London flat where the reggae musician lived and wrote I Shot the Sheriff in 1973.

Esther Anderson, 76, bought the flat in Cheyne Row, Chelsea, in 1968. She has lived there for 52 years but says she could face losing the property in seven days because of a row over what she calls “inflated” service charges.

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Favourite fixer upper Nottingham Estate Agents

Set on a hilltop with a great outlook, this home is just waiting to be turned into something exceptional. From the windows and terraced gardens of High View, you can look out to sea, over Torquay and the South Devon countryside. Built in the 1930s, the five-bedroom house shows art deco influence in its white […]

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What does interest rate cut mean for mortgages and savers?

There will be gain for some consumers but pain for others after the Bank of England’s decision

The emergency 0.5% rate cut by the Bank of England in the midst of the coronavirus outbreak will mean monthly savings for householders with tracker mortgages but more pain for savers as interest paid shrivels again – and for most borrowers who have fixed-rate mortgages, there is no gain at all.

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