Sep
5

For the long term – 10 Year fixed rates

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So, you have an aversion to short term volatility in the mortgage market and/or you are fed up with shelling out every 2 or 3 years with arrangement fees and other costs to try to stay ahead of the market.

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Sep
5

Local Authorities could charge for recyclables in general waste

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Making a mess of recycling? Households could soon be charged a return fee

Households who fail to recycle properly could soon be hit with a fee by their local council in a bid to reduce landfill waste.

The plans

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Sep
5

PMQs – May’s response to 3 year tenancy question

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Prime Ministers Questions House of Commons 05/09/2018

Question from Labour MP Helen Hayes – Dulwich and West Norwood

“It has been reported this morning that the Treasury and Number 10 are blocking plans for legally binding 3 year tenancies for private renters.

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Sep
5

Section 21 – The Bigger Picture not seen by Citizens Advice

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A recent report published by Citizens Advice suggests tenants who complain to their landlords are more likely to be served a section 21 eviction notice as a result of their actions.

The report called ‘Touch and Go’ claimed that tenants who complain about issues like damp or mould have a 46% chance of being issued with a section 21 eviction notice within six months.

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Sep
5

The Duke Westminster to build 30,000 new homes

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Property Development:

The Duke of Westminster’s property firm, Grosvenor Estates, has pledged to build 30,000 homes by 2023. Grosvenor, one of the oldest landlords in the country, and landlords of much of Mayfair and Belgravia for the last 340 years, wants to branch out and mastermind building new communities in Britain.

Grosvenor plans to work closely with developers, local authorities and landowners, using its property expertise to “open doors� and put together large sites of between 2,000 and 5,000 homes. It says it is prepared to bankroll the costs of infrastructure such as schools and roads, in exchange for fees later on.

This is a major change of direction for Grosvenor, which has traditionally focused on property management and investment, as well as commercial property developments. The new venture will seek to manage all stages of the residential developments, from planning proposals through to construction.

Executive director of Grosvenor Developments, Jorge Mendonca, has said:

“There is growing recognition from Government that the “master developer� role could be the best way to deliver new housing.

“It demands well-funded, long-term investors with an ingrained partnership approach and significant place making expertise, all of which Grosvenor has.�

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