In England alone there are an estimated 4.3 million leasehold homes – but the law regarding leasehold and freehold in the UK has been controversial for a long time. Now the Law Commission has proposed a series of changes which will make it easier for people to buy the freehold or extend their lease. The […]
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Scrapping regulations in England will unleash a wave of urban sprawl, worsen inequality – and leave locals powerless to stop it
The most extraordinary upheaval in modern British government is to be introduced this week by Boris Johnson. He is, in effect, to end planning permission. Local councils and those they represent are to be stripped of control over new buildings, to be replaced by central government “zoning” commissions. At the weekend, the housing secretary, Robert Jenrick, promised a “change in a generation”. It is more than that. It ends half a century of regulation of England’s landscape and urban development.
The proposed reform will release building rights anywhere outside existing national parks and areas of outstanding natural beauty. Though it promises “protection” to other countryside, there is no conceivable way a new commission can review and “register” every acre for protection. This will unleash the sprawl seen across many countries in the rest of Europe, with owners able to build over their land at will – erecting houses, sheds, advertisements, car parks. It will unleash frantic land speculation in the south-east, and further accelerate the “race to the south”. We can forget Johnson’s “levelling up” pledge.
Continue reading...Those fortunate enough to have bought a new build property have a chance to put their stamp on a house which no one has lived in before. They really are a blank canvas for the interior designer within all of us to get creative and make that house a home. But how do you turn […]
The post Top interior design tips for getting that show home finish appeared first on OnTheMarket.com blog.
I’m not sure if he should get 50% of the market value, or if there’s another way of settling it
Q My ex-husband and I are currently joint tenants of a property I live in with our daughters. As we are now divorced, we are in the process of becoming tenants in common.
If I were to buy him out of his 50% share, would he get 50% of the market value, or market value minus mortgage then 50% of the equity that is left?
EP
