Are we prepared for an ageing generation?

  If you are a member of the ageing generation, you are probably facing many issues about your future. Investments, healthcare and creating a legacy may be things that you consider. However, at the top of the list is where you will live. You are not alone; this is an issue that is facing society as well, as the ageing population is quickly becoming one of the largest populations in our communities. The need for housing for the ageing population is estimated at around 18,000 new homes per year to meet the growing need. This suggests that there may not be enough residences to go around. We really need to ask, are we prepared?This housing crunch may be a great opportunity for developers, and plans to develop senior housing are being put in place. However, there are questions that you need to address if you are in this population. Do...
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Four reasons why letting out your home could be a smart move

In today’s economy, people are more strapped for cash than ever before, and they’re turning to the housing market to give their savings that much needed boost. Should you let out your property, or at least a part of it, in a bid to ease the strain on your finances? Well, here are just four reasons why it could be the smart move you’ve been waiting for. It will give your finances a boost The main reason why people are thinking of renting out either a room or their whole property is that it will create cash much quicker. It can be a fantastic solution for families who are struggling to make ends meet, but who currently have a spare room full of junk or a basement that could be converted. Not only will it help you through those difficult months until you find your feet, but the work you...
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Manchester: Defining the next 20 years of UK property investment

Britain's rental market is on the brink of change ─ and it’s the north-west city that holds the greatest opportunity for property investors. There’s one city currently on the lips of UK property investors more than any other. Manchester is already firmly established as the most popular investment location in Britain right now. It’s home to the highest average yields and a population that’s grown by three times the national average over the last 10 years. But the level of investment that’s already been made barely scratches the surface of what Manchester needs. The city has one of the lowest levels of housing supply anywhere in the country, despite the huge growth in the number of people that now call Manchester home. One demographic in particular has felt the pinch more than any other. Manchester’s population already has a high density of young people, and it’s estimated that 89% of...
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Head to Manchester for the UK's new £50bn property asset?

  Britain's rental market is on the brink of change ─ and it’s the north-west city that holds the greatest opportunity for property investors. There’s one city currently on the lips of UK property investors more than any other. Manchester is already firmly established as the most popular investment location in Britain right now. It’s home to the highest average yields and a population that’s grown by three times the national average over the last 10 years. But the level of investment that’s already been made barely scratches the surface of what Manchester needs. The city has one of the lowest levels of housing supply anywhere in the country, despite the huge growth in the number of people that now call Manchester home. One demographic in particular has felt the pinch more than any other. Manchester’s population already has a high density of young people, and it’s estimated that 89% of...
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How to Make the Most of the Market

Establishing a good buy-to-let portfolio can be arduous and time-consuming. Even when you think you’ve got things right, it can still feel like there isn’t enough time in the day. Unreliable tenants, empty homes, and all sorts of other problems can lead to a real headache. Here are a couple of things you can do to make life easier. Don’t Be Afraid to Ask Questions One of the biggest worries for any landlord is attracting reliable, long-term tenants who will pay their rent on time. While some people may feel uneasy, you should never be afraid of asking too many questions. After all, it’s in your interests to be aware of the potential tenant’s history before handing over the keys. Start by running a credit check to see if they have a history of paying their bills on time and check with their current employer to see if the information...
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5 years in jail for Landlords who house illegal immigrants

Landlords could face prison for failing to check the immigration status of tenants. Repeatedly failing to evict illegal immigrants would be a new offence carrying maximum penalties of five years imprisonment or a fine for convicted landlords. There are also plans by the Government to create to create a blacklist of criminal landlords and letting agents, with a ban on letting for those repeatedly convicted of housing offences. Responding to the announcement, RLA Chairman, Alan Ward said “The RLA is to meet the Home Office tomorrow to discuss immigration checks.  Why has this extra responsibility and risk been put on landlords and agents?  Why not employers? “The ability to evict illegals may answer the problem of abandonment if an illegal immigrant is removed by the authorities, but is a potential minefield if we get it wrong. Just because a landlord has the right to evict, it doesn’t explain how to go...
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How Does Housing in European Capitals Compare to London?

There’s no denying that living in London can be costly, and generally more expensive than other parts of the UK, but have you ever wondered how it compares to other European capitals? According to HomeLet, the average price of rent in Central London is said to be about £1,390 a month, which is fairly expensive by anybody’s standard; however this isn’t necessarily representative of prices around the continent. The latest infographic from housesimple.com compares the cost of living in London with five other European capitals: Berlin, Madrid, Paris, Rome and Stockholm. Looking at the price of properties, rates of homelessness and rent prices for example, the affordability of London (or lack of) compared with other European capitals may surprise you!
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PLANNING AND THE ELECTION 2015 - WHAT DO THE MANIFESTOS SAY?

Planning is key to addressing some of the most important issues we are currently facing including rebalancing the economy, addressing the national housing shortage and updating our infrastructure. Amanda Beresford, a recognised leading planning lawyer, Partner and Head of Planning at Shulmans LLP, reviews some of the political parties 2015 election manifestos main planning proposals.
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