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Why should you own the freehold to your own block of flats?

As the freeholder, you have more control over the management and maintenance of the building. You decide who will manage the building and will have far more say in service charge levels. This includes decisions regarding repairs, improvements, and services provided t...

Read    21/03/2024

Why do you need to prepare property accounts?

In England and Wale, preparing property accounts is essential for the following reasons: English accounting standards, such as UK Generally Accepted Accounting Principles (UK GAAP) or, if applicable, International Financial Reporting Standards (IFRS) require the appr...

Read    21/03/2024

Household Costs Indices for UK Household Groups

The purpose of the UK Household Costs Indices (HCIs) is to estimate inflation rates experienced by different UK household consumer groups. The Household Costs Indices include owner-occupiers' Housing Costs (CPIH) and the Consumer Prices Index (CPI). These indice...

Read    19/03/2024

CMA CEO writes to MP Michael Gove with the results of their investigation into the house-building sector 

The Competition and Markets Authority (CMA) has published its final report following its investigation into the house-building sector, which aims to provide valuable insights and recommendations to the governments of England, Wales, and Scotland on evidence-based pol...

Read    18/03/2024

Spring Budget Analysis Hunt's 2024 Spring Budget speech 

The Chancellor of the Exchequer, Jeremy Hunt, presented the Budget speech on March 6, 2024. This year's budget was presented with the Chancellor facing limited "fiscal space" within certain self-imposed fiscal rules. The government's core fiscal rule states that debt...

Read    15/03/2024

Co-living: What can the UK learn from the US model, and how far outside the city centre can the model be pushed?

Co-living is a contemporary housing model offered to individuals who want to share in a community-oriented lifestyle and who share similar values. Co-living encourages collaboration of minds and lifestyles in a community environment while affording residents private ...

Read    08/03/2024

End of S21 Notices to end tenancy accepted by NRLA 

The National Residential Landlords Association (NRLA) is keenly advocating for practical adjustments to the Renters Reform Bill. Conservative MP Anthony Mangnall and colleagues are planning to introduce amendments for the upcoming Report stage of the Bill, prompting ...

Read    05/03/2024

UK Coliving: space optimised & amenities included

Coliving is an up-and-coming residential option in the UK; you will probably find the right one being built in most city centers and city fringes. Ultimately, coliving offers opportunities for individuals looking for a decent place to stay with all mod cons and commu...

Read    05/03/2024

The Importance of Residential Building Maintenance. Making Sure That Living in an Apartment is Safe, Comfortable and Sustainable.

Residential buildings serve as the cornerstone of modern living they provide shelter, warmth, comfort, and a safe place to live. Regular maintenance is essential in ensuring that these services continue. Residential building maintenance involves many aspects that are...

Read    04/03/2024

Residential Buildings Insurance: How it Protects Homes and Communities

Residential buildings, and especially blocks of flats of all sizes, are tantamount to providing safety and security for all. The unpredictability of accidents, unforeseen circumstances, and even disasters can add a large amount of risk to living in such buildings. Be...

Read    04/03/2024

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