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The UK is packed full of seaside villages and towns, with homes in some of them being relatively easy to buy. One of these places is Peterlee in County Durham in the north east of England. It is technically a new town, built under the 1946 New Towns Act. According to the 2021 Census, it has a population of around 20,300 residents, and to join them property hunters would not have to fork out much. Rightmove says that house prices in the area have an overall average of £105,571 over...

Michigan legislation proposes exempting seniors aged 70 and older from paying property taxes. LANSING, Mich. (WJRT) - Michigan senior citizens aged 70 and older could soon be exempt from paying property taxes under new legislation.Republican State Sen. Michele Hoitenga of Manton hopes the bill will allow senior citizens to remain in their homes as long as possible without struggling to pay their costly property tax bills every year."People across Northern Michigan are feeling the financial burden of high taxes -- especially our seniors, many of whom are on...

Who should use the practice note? Solicitors and their teams who handle property transactions.  The note considers how to address climate change risks in these transactions, whether they involve residential, commercial, or mixed-use properties.  The note offers practical advice suitable for most solicitors, regardless of their firm's size or whether they specialise in residential or commercial work.   Consultation findings In September 2024, we launched a public consultation to explore how a new climate risk and conveyancing practice note could help you. The consultation produced detailed feedback that has been used...

News A climate change and property practice note has been launched by the Law Society of England and Wales today (12 May) to help support property solicitors. The new practice note will complement the Law Society’s practice notes on flood risk and contaminated land and builds on landmark climate change guidance for solicitors and firms released in 2023. It has been developed in response to a call from members for greater clarity on how climate risk affects their conveyancing practice, together with practical guidance on how to advise clients. The launch...

This city is one of the best for its sense of community - it’s home to a thriving city and a beautiful coastline nearby. Newcastle is not only one of the UK’s most exciting cities but it’s also one of the most affordable. A listing on Zoopla shows a house for as little as £7,500 that is on sale at the moment with many other affordable properties across the city.According to RightMove, house prices in Newcastle Upon Tyne have an overall average of £232,009 over the last year. Newcastle is...

Exactly how much should you have left in your savings account after buying? (Picture: Getty Images) After years of scrimping and saving (and maybe a little bit of help from your family), you’ve finally got enough together for a house deposit. But what really happens after you’ve bought? And crucially, how much money should you actually have left in the bank? Taking to the r/HousingUK Subreddit, @FG4u2nv asked this very question. Together with their partner, they’re currently making offers – and while they’re excited at the prospect of getting on...

The first property Jeff White and Suleyka Bolaños bought was a piece of work. It was a fourplex that they planned on house hacking, meaning they'd move into one unit and rent out the other three."It took us three months before we could fully move in," White told Business Insider. The renovation process "was like having two full-time jobs for both of us."Looking back, "we could have done a lot better," said White, who is now a real-estate agent and helps investors in the Denver area find properties. "I've looked...

'This is a total dog and pony show. This is not anything that’s credible,' DeSantis said.House Speaker Danny Perez delivers a stunning rebuke to DeSantisThe Florida Legislature nixed the governor's special session and created their own, solely focused on immigration.Florida Governor Ron DeSantis criticized the House's late-session push for property tax cuts as ineffective.House Speaker Daniel Perez prefers sales tax cuts and formed a 37-member committee to explore property tax cut options, a move DeSantis called a "dog and pony show."The House’s push for property tax cuts will be ineffective,...

“I’m of the opinion that the 30, 40 years of growth might not be as good over the next 20 or 30 years.” Data released by the Ministry of Business, Innovation and Employment in November suggests there are 116,719 private residential landlords in New Zealand, with the vast majority – 76.49% – owning one investment property. O’Neill believes that with fewer people owning their own homes, residential property investment is much more susceptible to political intervention. “There’s going to be more negative long-term taxes or rule changes or restrictions placed...