Three-bed homes the number one target for burglars claims new report

The latest data and analysis by home insurer, Churchill, has found that three-bedroom homes account for 46% of all break-ins in the UK. The most at-risk properties are three-bed semi-detached, followed by four-bed detached then three-bed terraced houses. The analysis of claims data reveals end-terraced houses account for 28% of burglaries on streets with terraced properties, despite being significantly outnumbered by mid-terraced properties. Research amongst burglars reveals surveillance opportunities, side and rear access are all easier with end of terrace properties. Burglars questioned…

40% of lifetime mortgages taken to wipe existing debt

New research provided by OneFamily has found that as many as 41% of lifetime mortgages are taken out to clear the debt created by an existing mortgage. Customers who opt for this are likely to be homeowners who are nearing the end of an interest-only mortgage. The FCA recently expressed concerns that one in five homeowners are on an interest-only For many, a lifetime mortgage may be a solution to this situation as the loan is not income based. Overall, the average OneFamily…

EU Law Analysis: EU Court Condemns the EU Legislative Process for Lack of Transparency: Time to Open Up?

Massimo Frigo, Senior Legal Adviser of the International Commission of Jurist’s Europe Programme* It is sometimes cases on obscure administrative processes that become landmark judgments in the ever constant building of our democratic legal systems. In the US Marbury v. Madison was a case that at the time attracted little attention as the subject matter related to respect of procedures in judicial appointments. This notwithstanding it came to be the legal milestone of constitutional review in the US legal system. In the European Union one of these cases was decided…

New series “Bad Tenants, Rogue Landlords” launches April 5th

Tomorrow evening, Channel 5 will launch their companion series to “Nightmare Tenants, Slum Landlords” – delving into the dark side of the housing crisis and covering cases handled by tenant eviction specialists, Landlord Action. In the first episode of ‘Bad Tenants, Rogue Landlords’, English teacher Muhammad Rahman has suffered from serious financial difficulty as his tenant refused to pay rent for over four months. The situation is made even worse when Muhammad finds out that his single tenant has been subletting rooms in his…

HTB Scotland granted two year extension

The Scottish Government has announced that it is to extended funding of its Help to Buy shared equity scheme for two more years. According to official figures, since its introduction in 2013, over twelve thousand households have already taken advantage of the scheme which allows participants to purchase qualifying new build homes with a 5% deposit. This, in turn, has supported an estimated nine thousand jobs and contributed over half a billion pounds in Gross Value Added to the economy. Kevin Stewart,…

Number of owner occupied properties in corporate structures falls

Government statistics published for the Annual Tax for Enveloped Dwellings (ATED) show falling numbers of owner occupied properties in corporate structures and an accompanying decrease in tax revenues. The tax was introduced in 2012 to discourage the use of companies to buy properties for owner occupation. It included a 15% slab-style Stamp Duty payment and an annual tax, the ATED, which increases according to property value to as much as £220,350 p.a now. It was initially imposed on properties above £2m, with the threshold…

Protest and Legal Change in the Civil Rights Era @cwschmidt1 ‏

On February 1, 1960, four African American college students entered the Woolworth department store in Greensboro, North Carolina, and sat down at the lunch counter. This lunch counter, like most in the American South, refused to serve black customers. The four students remained in their seats until the store closed. In the following days, they returned, joined by growing numbers of fellow students. These “sit-in” demonstrations soon spread to other southern cities, drawing in thousands of students and coalescing into a protest movement that would transform the struggle for racial…