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Versus last month, property prices ‘on average’ have really slowed across all countries. For Wales, Scotland and Northern Ireland, they are only just keeping up with inflation – which with over 50% of people who own a home, owning it outright, means no real house price growth so far this year and for those in England with just 1% increase registering, real property values are actually falling. Regionally the differences are stark. Not just from a price perspective but also from different regions showing different trends. To find out more, read Kate's latest price report.
With two new ministers running housing policy in England, I thought it would be useful to see how different the property markets they are used to are. And you probably couldn’t get more different markets!
In this article Leigh Shapiro, member of the Association of Leasehold Enfranchisement Practitioners (ALEP) and Partner at Irwin Mitchell, discusses the hidden responsibilities of leaseholders and why it’s so important to get the right advice before embarking on ownership of a leasehold property.
Last week the Government announced a huge number of changes to the way we buy, sell and lease property. These changes have either been in consultation for some time and we are now finding out the results, or they are new consultations for future changes. Read my article to find out about the future of property.