Independent Chartered Surveyors:
The Government is planning to release enough previously-used public land and buildings to provide sites for over 100,000 new homes by 2015.
Over two thirds of the housing is earmarked for surplus land and property from three sources: the Ministry of Defence, the Department of Health and the Homes and Communities Agency (HCA).
Since1st October 2008 it has become law that you must obtain a Commercial Energy Performance Certificate, "EPC" if you sell or lease any commercial property.
There have been important changes to the legislation concerning the provision of Energy Performance Certificates.
Below are the key points in the new legislation:
An EPC must be commissioned before marketing a property..
Unless you already have an EPC available you must commission an EPC from an EPC provider before you first put the property on the market.
Bank Lending Rate
It has been confirmed that the Bank of England Monetary Committee have decided that the Bank Base Rate is to remain at 0.5% for a further month. It has been at this very low level for a record period of over three years.
Source: Bank of England
Homes in England and Wales increased in value by 0.1%, the second consecutive month of rises, according to the latest Land Registry figures. Whilst in Scotland, average house prices remain stable, with no change.
At Andrew R Williams & Associates, Chartered Surveyors, we always ensure that when drafting reports of properties with texture-coated ceilings or walls dating from before the mid-1980s or possibly later we include an asbestos warning.
