Property News - December 2022
Welcome to our Property Investment Newsletter, the aim of which is to keep you up to date and informed as to the most recent property trends and news.
As the 2022 year draws to a close we would like to take this opportunity to wish all our clients, business associates, landlords, property fund managers and valued newsletter subscribers a happy festive season and all the best going into the new year.
Please feel free to contact us with regards to all your Residential, Commercial and Industrial sales, lettings, auction and property management requirements. We look forward to being of service to you!
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Legal Matters - Heigh Ho, Heigh Ho, It’s Off to Court We Go... But What are the Costs of Suing?
As Roman lawyer and statesman Cicero pointed out two millennia ago, litigation comes at a cost. So first prize will always be to settle out of court. If you can’t settle and decide to sue, arm yourself with “deep pockets and nerves of steel”, particularly if you end up in the higher courts.
Deceased Estates - Your Will Can’t Wait... The Tragic Case of a Mother Who Took Too Long
We aren’t comfortable thinking about our mortality, but death comes to all of us and it is our loved ones who will suffer if we don’t make plans to look after them whilst we still can.
Sectional Title - Water and electricity disconnection ... What you can and cannot do, with recommendations
This issue arises regularly. To some people, it seems obvious: if an owner fails to pay levies, the body corporate should be able to cut off electricity and water supplies to the unit until the levies are paid. However, that would be illegal, as will be explained. This article examines four possible solutions to the problem.
Body Corporates - Are you making this mistake when proposing special or unanimous resolutions?
I recently received notice for two meetings called by a body corporate of which I am a member. The email to which the agendas and supporting documentation for these meetings were attached, contained the following wording: ...
UK Residential - Property Market Update (September 2022)
Knight Frank's UK Residential Market Update provides a snapshot of the health of the UK housing market, assessing its performance, and proving analysis of the latest economic developments.