Property news roundup: Trees are causing millions of pounds of damage to new homes
Plus buy-to-let hotspots, neighbours' names, and local landlords
Alex Johnson has been part of The Independent's online team since 2007. He has been writing about microarchitecture on his internationally-acclaimed Shedworking blog since 2006 and is the author of Shedworking: The Alternative Workplace Revolution. His latest book is Bookshelf, published by Thames & Hudson.
Thursday 05 June 2014
More than £25 million of damage has been caused to new homes by trees over the last six years, according to figures from the National House-Building Council.
Richard Tamayo, NHBC's Commercial Director, said: "New greenery can create a more attractive garden as well as provide privacy and can help in reducing noise from a busy road. But roots and branches can also cause expensive damage to homes.
"This is an ideal time of year to start planting trees and shrubs ahead of those lazy summer days in the garden. But anyone thinking about planting new trees or shrubs should spare a thought for their home and their neighbours by getting an expert opinion before planting."
Rental returns in Reading and Brighton are now respectively 12.8 per cent and 12.6 per cent higher than last year.
Peter Dockar, head of mortgages at HSBC, said: "Landlords are reaping the benefit as young professionals say goodbye to capital living in favour of more affordable commuter towns. Despite the inevitable increase in commuter costs associated with moving further out, many still feel the move is worthwhile in order to save towards property deposits.
"House prices in these locations, while still out of reach among many first time buyers, are relatively affordable for landlords investing in property and the demand from young professionals has pushed up rents and driven up the returns."
Landlords prefer to invest locally
The main factor when selecting a potential rental property is a landlord’s own knowledge of the area, suggests a new study by Paragon Mortgages, with 86 per cent of landlords reporting this is at the top of their checklist.
Around two thirds of landlords said that strength of tenant demand in the local area was also an important factor, as were local rent levels. Only 10 per cent of landlords said that they would be prepared to buy further afield, but only up to 100 miles.
New homes directory
LoveNew.co.uk is a new national online directory of new homes developments and local suppliers. It also features stories about new home owners and their buying experiences.
Do you know your neighbours' names?
According to a survey of more than 1,000 households for ContractCleaning.co.uk:
• 53 per cent didn't know the first name and surname of their neighbours
• 81 per cent didn't know their neighbours' jobs
• 68 per cent said they hadn't spoken to their neighbours in the last week
• 15 per cent said they hadn't spoken to their neighbours at all
• 7 per cent said they had hidden when neighbours knocked on their door
Private tenants lack protection cover
Only seven per cent of private tenants have any financial protection cover, compared with 28 per cent of those with a mortgage, according to Scottish Widows. A further third said that their savings would stretch a maximum of three months to pay household bills.
Richard Jones,Protection Director at Scottish Widows said: "The location of where people rent is an increasingly important decision often dictated by work and family life. Those renting have the most to lose as they have the least savings and therefore the least resilience, and any lump sum saving could be lost to living costs if the unforeseen were to happen."
A two-bedroom flat with boutique hotel-style interiors, close to the foodie haunt of West End Lane
A two-bedroom flat in a beautiful old vicarage, with many original features, close to the city centre
A three-bedroom 16th-century home with an aga kitchen, private gardens and heated outdoor pool, in Hadleigh
A three-bedrom home in sought-after Queen's Gate Mews, with Italian marble-finished bathrooms
Surrounded by glorious countryside in the village of Udimore, sits this impressive four-kiln oast and barn conversion
A five-bedroom house in the picturesque village of Kettlewell, north Yorkshire
An 18th-century former coaching inn with original staircase, open fireplaces and beams throughout
A Grade II-listed Georgian town house with three bedrooms and a south-facing courtyard, near Arundel Castle
Feel on top of the world at this über chic penthouse on the 37th floor of one of Europe’s tallest blocks.
A Grade II-listed Victorian villa with six bedrooms and two further cottages, all with spectacular sea views
A grade II-listed, Georgian cottage with mature 50ft garden, perfect for summer entertaining
A magnificent Georgian pile with turrets, seven bedrooms, a heated pool and four acres of gardens
Fairoak Farm has five bedroom suites, gym, outdoor swimming pool and golf course
Chic two-bedroom river-fronted flat with a private lift that delivers you directly to your home
A spectacular seven-bedroom Tudor pile, once owned by Henry VIII, with 18 acres of land
A seven-bedroom Georgian property previously used as a picturesque wedding venue
A split-level flat in a church conversion with two en suite bedrooms and 1,200sq ft of living space
A three-bedroom bungalow situated behind an impressive stone wall, £645,000
Windsor Castle overlooks this three-bedroom Victorian cottage located on one of Windsor's smartest roads
Chapel House is a former vicarage with nine bedrooms in the beautiful Upper Wye Valley
A five-bedroom B&B and separate owner's accomodation with potential for conversion
Enjoy summer by the Thames in this two double-bedroom converted warehouse in Rotherhithe village
A one-bedroom, luxury apartment with private gym and concierge service in Moorgate
A four-bedroom house in Hermitage Gardens with three reception rooms and landscaped gardens
A seven-bedroom Grade II-listed property with a separate self-contained apartment
A five-bedroom Victorian house with three reception rooms and galleried landing, £695,000
A six-bedroom farmhouse with five acres of land in a former cloth-making village
A secluded seven-bedroom detached house with large private garden, £490,000
A three-bedroom cottage overlooking Sarratt village green with open fires and solid oak floors
A three-bedroom maisonette flat in a Grade I-listed, Georgian townhouse in a sought-after location
A one-bedroom apartment located within a private gated development, north of Turnham Green
Look forward to a brighter future at two-bedroom Sunny Cottages, ideal for Londoners looking to downsize
A three-bedroom red-brick cottage with outbuildings and pretty gardens, £200,000
This three-bedroom flat within a former textile factory spans the corner of the fourth floor and has a balcony
A charming four-bedroom Oxfordshire cottage with oak floors and chunky-beamed ceilings, £465,000
A beautiful one-bed flat in a sought-after portered block, with access to Norland Square communal gardens
A one-bedroom flat within a Sixties school conversion with high-spec design and open-plan kitchen, close to Lambeth North Tube, £435,000
A 17th century four-bedroom house, with open fireplaces, cellar and pool, £600,000
A three-bedroom, coach house with luxury open-plan living space and contemporary breakfast bar
A newly refurbished one-bedroom flat in the heart of Mayfair, close to Grosvenor Square
A charming four-bedroom house overlooking Burleigh Square Park, close to Thorpe Bay
A three-bedroom farmhouse with a large inglenook fireplace and exposed beams
A boutique mews house, set around a central courtyard, with three bedrooms and a private roof terrace
A four-bedroom farm-conversion with three bathrooms and two reception rooms
Life & Style blogs
The secret report that helps Israel hide facts
Land for gas: Merkel and Putin discussed secret deal could end Ukraine crisis
Woman and two children killed by mob in riots over 'blasphemous' Facebook post in Pakistan
A day in the life of Vladimir Putin: The dictator in his labyrinth
Putin is 'thuggish, dishonest and reckless', says British ambassador to US
Richard Dawkins tweets: 'Date rape is bad, stranger rape is worse'
- 2 Disney heiress Abigail disowns her share of family profits in West Bank company
- 3 Israel's propaganda machine is finally starting to misfire
- 5 'Hello mum, this is going to be hard for you to read ...'
- < Previous
- Next >
Unpaid Voluntary Work : Cancer Research UK: We need motivational volunteers to...
£23000 - £25000 per annum: Ashdown Group: Accounts Assistant (Accounts Payable...
£200 - £300 per day: Ashdown Group: IT Trainer - Marlow, Buckinghamshire - £25...
£18000 - £30000 per annum + Generous commission scheme: AER Teachers: Thames T...