Planning applications for new housing estates are always a hot topic in local communities. This is usually due to the loss of an amenity, which is all too often a green field, but there is also the undercurrent of the effect this new development could have on house prices. The loss of a view to be replaced by a number of brick properties is one factor to consider but the addition of new homes does not necessarily mean a negative impact on house prices. Indeed in the case of land that has been left to resemble a derelict wasteland, nearby…Read more..
What is a remortgage? A remortgage is a new mortgage on a property a person already owns. Homeowners take this option for differing reasons, but predominantly it is either to replace an existing mortgage or borrow money against the property, be it for home improvements, consolidating debt, or another investment. According to some experts, around a third of all home loans made in the UK are actually remortgages. Is it as confusing as some make out? Not at all. And neither need it be a complex process. If you use an experienced firm of solicitors and conveyancers, they will both…Read more..
Minefield or more benign? Planning can seem a minefield, not just for large scale developers, but those seeking to build or expand on a more limited scale. We can pick up a local newspaper any day of the week and see talk of ‘The Local Plan’. It’s not too difficult to see it as overwhelming. Actually, a Local Plan is someway removed from that image. It is simply a framework within which planning in a region can be measured and regulated. It is no more concerned with stymying development than it is with encouraging it. What is a Local Plan?…Read more..
It is estimated that we need hundreds of thousands of new homes in the UK. That is a lot of building, and some of it, inevitably, will take place in areas not free of risk. And one of the biggest of those risks is flooding. Five million at risk According to the Environment Agency, more than five million people in England and Wales live and work in properties at risk of flooding from rivers or the sea. Throw in a worrying number of new developments being built on flood plains, and a climate that appears to be becoming more unpredictable,…Read more..