She knew she should have ordered a surveyor's report, but the retired police officer is now facing financial ruin after buying what she thought was her dream home at auction, as reported by the Daily Mail. Sue Diamond paid £154,000 for her idyllic seaside home, just a week before it…
Read moreTougher lending rules 'a permanent feature' for millions in landmark changes to the mortgage industry…
New lending rules look set to make Britain’s mortgage drought permanent – hitting those of you trying to get on or move up the property ladder, says the Daily Mail’s Becky Barrow. Under the new rules, lenders will be forced to make sure that a mortgage will not be granted,…
Read morePlanning Authorities holding property developers ‘to ransom’?
A growing number of property developers are being required to donate huge sums of money to local government or face refusal of planning permission, under powers in Section 106 of the Town and Country Planning Act 1990. Under this section, Local Planning Authorities can refuse planning permission unless the developer…
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