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In 1961, Cuckmere Brick Co had received planning permission to build 100 flats each with a garage on a site of 2.65 acres (1.07 ha) near Maidstone, and received £50,000 mortgage financing from Mutual Finance who valued the land accordingly. By 1964, due to cash flow problems arising from other developments in which Cuckmere was involved ...
It may take possession of the land not less than 14 days after serving the Notice of Entry. The Notice to Treat requires the land's owner to respond, and is usually the trigger for the land's owner to submit a claim for its value. If no claim is submitted within 21 days of the Notice to Treat, the acquirer can refer the matter to the Lands ...
By 2013, some tenants who had purchased their council flats, sold them later to speculators, investors or property companies. By 2013, a one-bedroom council flat that sold for £50,000 in the early 1990s, for example, had a market price of £250,000. [9] A tight housing market led to increased rent as construction of new homes decreased. [9]
The money is awarded as a lump sum, and in the city where the median home price is just over $205,000, $10,000 represents about 25% of a 20% down payment. Jamesbowyer / Getty Images Vermont
First urban community right to buy in Edinburgh under the LR(S)A 2003 (as amended). Property sold by the Church of Scotland [22] Ulva: 21 June 2018: Island: North West Mull Community Woodland Company: £4,400,000+ 2,000 4,900: Sold by Jamie Howard after a grant of £4.4 million from the Scottish Government through the Scottish Land Fund [23]
Value of land and buildings in the UK from 1995 to 2016 (trillions) [15] Property companies state that land values follow house prices and that a developer assesses what new build house price is achievable in any particular location with reference to prices and sales rates in the second-hand market and on nearby comparable new build sites.
Hyundai announced the new seven-seat SUV in November, ahead of it going on sale in the UK later in 2025. Sharing its electric platform with the equally large Kia EV9, the Hyundai is expected to be ...
Since October 2012 British Land and the Norwegian Government Pension Fund Global had each owned 50% stakes in Meadowhall, one of the UK's largest shopping centres based in Sheffield. [13] An agreement between Norges Bank Investment Management (NBIM) and British Land was signed on 18 May 2024 for NBIM to acquire the remaining 50% stake of the ...