Featured Articles

Get the answers to your questions and stay up to date about apartment building management with our featured articles and NOTB guides, on topics such as service charges, right to manage, buying your freehold, major works, building insurance and other issues about blocks of flats.

McCarthy Stone launches new £45m retirement village in Dorset

McCarthy Stone, the UK’s leading developer and manager of retirement communities, has launched its new retirement village in the centre of Wimborne, Dorset. The new community will bring 100 new specialist retirement properties to the market town. The new community, with a total GDV of £45m, features 68 apartments, 22 bungalows and 10 chalets, all specifically designed for the over 65s. The properties will be offered for outright sale and shared ownership.  The show complex opens on 3 May for the bungalows

MERGER OF LONDON QS AND PM CONSULTANCY FIRMS

Two prominent London quantity surveying and project management consultancies have announced a merger to strengthen their offer to clients. Long-established QS firm Piercehill Consulting LLP has joined forces with the larger cost management and project management firm, Stature London. Going forwards the combined practice will be called Stature Piercehill. A new board of directors has been established that includes Andy Pilcher and David Heil, previously of Piercehill, along with Adam Lynch and Qingning Chu

Letter to our next government: The Battle of Housing 2024

Dear next government, Housing is at the centre of the election battleground. This is unsurprising given the economic uncertainty and that history shows that housing tends to lead the wider economy both into and out of downturns. We have recently seen small rises in house prices and mortgage approval rates to prove there are some green shoots but without some major changes it doesn’t look like we can build our way out of this recession. We have a fundamental issue of a lack of homes for rent and for sale i

New R&D Tax Relief regulations could leave thousands of businesses at risk of missing out

In a recent development, tens of thousands of businesses are facing the risk of missing out on crucial Research and Development (R&D) tax relief due to new pre-registration requirements. Accounting and Business advisors Whitley Stimpson say the changes, implemented by HM Revenue & Customs (HMRC), aim to prevent abuse of the system and frivolous claims, but many businesses are unaware of the impact. Businesses must now pre-register their intention to make a claim within six months of their financial year e

Amendment to Leasehold and Freehold Reform Bill to ‘water down’ ground rents proposals

Significant potential changes to the Leasehold and Freehold Reform Bill were reported over the weekend, which will effectively ‘water down’ the Bill. The Bill proposed to reduce the ground rents to ‘a peppercorn’ (ie zero) which led to resistance from the Treasury due to the impact on pension and insurance funds. Consequently, we understand, it will be announced this week that ground rents will now be capped at £250 and phased out over at least 20 years. The change is due to be incorporated via an amendme

Know your rights - a guide for tenants

Tenants in privately rented properties have several rights to cover themselves from unfair evictions, rent increases and more. This guide covers the key tenant rights for those living in England and Wales that everyone should be aware of. Currently, a landlord must give tenants two months’ written notice once their fixed-term tenancy has come to an end. The landlord must be able to prove grounds for eviction in court if they want you to move out before your tenancy ends and also give notice using the pres

Block Debt: A New Dawn for Ethical Payments in the Property Industry

In a decisive move to transform the landscape of invoice management in the property industry, Block Debt emerges as a beacon of positive change.  Set on the dual cause of improving cash flow for suppliers and celebrating ethical payment practices, Block Debt brings some positivity to credit control in the leasehold sector. Founded by Matthew Callaghan, a seasoned credit controller, Block Debt stands firm on the foundation of fairness and efficiency. While catering to the long-standing concerns of both ind

Generational decline - Half of parents wish they could help children to buy a home and 1 in 4 feel guilty they can’t

The latest research by HomeOwners Alliance shows that more than more than half (54%) of homeowners with adult children have or expect to help their children financially to buy a home. But homeowning parents worry about the prospects of their adult children who do not currently own their home being able to buy. Amongst home owning parents with adult children who do not own their home: ●     59% worry about their children’s chances of owning in the future ●     Half (50%) wish they could provide more financ

Realty Law hires new head of residential litigation

Residential property debt collection specialist, Realty Law Limited, has been strengthened by the appointment of a new head of residential litigation. Monica Duggal is a property litigation lawyer with more than 16 years’ experience in the property management sector. A former in-house solicitor for one of the UK’s largest managing agents, Monica has held positions with several other managing agents, and a leading developer and asset management firm. More recently she was head of litigation at a priv

Experts urge businesses to beware of latest VAT changes

Business owners registered for VAT are being reminded to make sure they file their returns and pay on time or face falling foul of new penalties introduced by HMRC. A scheme introduced last year is based on a points system – if you exceed the points for the firm’s filing period you will be fined and charged interest. Jonathan Walton, director at chartered accountants and business advisors Whitley Stimpson said: “The new system is designed to help those businesses who occasionally miss a payment, but it cr

New-build price premiums hit decade high in all but one British region

The latest industry research by property development appraisal software, APRAO, has found that new-build house price premiums climbed to their highest in a decade last year, following four consecutive years of decline.  APRAO analysed Gov house price data on both existing and new-build properties over the last decade, looking at the house price premium commanded by new homes and how this premium has changed.  The research shows that across Britain, the average new-build commanded a premium of 29.9% in 202

Impero Facilities secure contract for Elephant Park

Impero Facilities are delighted to announce their latest triumph: securing a new contract with Savills for Elephant Park in London. Frank Somma, Non-Executive Director at Impero Facilities said: "Under this contract, we will provide a comprehensive array of planned and reactive HVAC services tailored to meet the unique needs of our esteemed client." "Following a remarkably prosperous 2023, this milestone serves as further validation of our unwavering commitment to excellence and our unparalleled exp

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