Government Increase Funding for Additional New Build Sites
The housing crisis in England and Wales has been a consistent discussion topic amongst conveyancers in recent years. The Government’s desire to build 300,000 homes per year is inevitably outweighed against the issues like desirable locations, available land and time constraints. In a recent announcement, James Brockenshire, Hosing Secretary, has offered insight into additional funding […]
UK House Price Index Recognised as National Statistic
The UK house price index (UK HPI) has been well respected for a significant period of time. It has now been recognised as a National Statistic by the Office for Statistics Regulation. Deemed as providing accurate information, the industry regulator has viewed UK HPI as providing exemplary levels of ‘quality, value and trustworthiness’. Mike Hardie, […]
Executors selling Long Leaseholds offered relief
The case of Villarosa V Ryan (2018) has been a complex one. However, the recent ruling and slight amendments to the Housing and Urban Development Act 1993, will now permit an executor to apply for a lease extension without the usual two year waiting period. Under the 1993 leasehold reform, a tenant must have acquired […]