In most standard definitions, mutuality means “Having the same relationship, each to the other”. Mutual “members” are identical in that they know from the outset that any perceived risk and reward is shared equally between all members, irrespective of size of business or bank balance. Crucially, however, members of a mutual know that they contribute equally and fairly to the financial overheads in return for an equal and fair share of any possible benefits. A mutual relies on a sound business model and the common purpose of its membership and does not restrict the activities of its members.
2013 was a record year for distribution warehouse investment with approximately £2.5 billion transacted, which is an increase of nearly 50% on 2012, according to research from Savills.
The international real estate advisor notes that this rise was driven by a continued growth in demand for the sector from an increasingly diverse investor group from the UK and overseas.
London skyline's £1.5bn addition remains all but empty year on from opening, with flats designed to pull in super-rich unsold
Latest figures from Solicitor Property Centres Scotland show a 36% rise on house sales in the final quarter of 2013 compared with the previous year.
The average house price between October and December 2013 also rose to £179,223 - an increase of 4.8%.
As energy prices increase, a growing number of people are choosing to steal their gas and electricity.
For some it comes down to being cash-strapped, but others are prepared to cheat the system whilst also endangering the lives of neighbours.
With government keen to promote economic recovery through support for the housing market and amendments to planning policies, landowners may be able to benefit from planning permission for housing. Peter Moore explains some of the key issues for landowners
Ministers are encouraging developers and housing associations in England to bid for cash from a new £3.3bn fund which they say will create 165,000 affordable homes.
Prime Minister David Cameron has moved to allay fears that the government’s flagship Help to Buy scheme is risking a potential ‘housing bubble’ in the market, branding the scheme as a ‘complete success’.
Mr Cameron praised the impact the scheme has had in such a short space of time, and highlighted that over 700 houses had been purchased and another 6,000 were experiencing some form of market interest since it began earlier last year.
The average price of English farmland rose by 11% to a record £6,882/acre in 2013, according to the latest results from the Knight Frank Farmland Index.
During the same period, gold – an asset class farmland is often compared to – lost almost 30% of its value. Land almost kept pace with the 14% annual hike in the resurgent FTSE 100.
Bank of England governor says rising market not a threat as surveyors' group predicts rises could become unsustainable
The number of homes sold per chartered surveyor reached its highest point since March 2008 last month as the recovery in the nation's property sector continued full steam ahead, says December's RICS Residential Market Survey.
Plan to deliver tens of thousands of new homes and jobs in the capital through the creation of new opportunity areas have been announced by the Mayor of London, Boris Johnson.
David Cameron welcomes new competition from PropertyMutual in online property marketing.
- PropertyMutual - The Independent & Equitable Property portal where no members can be 'more equal than others' -
London 14th January 2014: The launch of PropertyMutual.co.uk, the UK’s first ‘mutual’ property portal has been welcomed by Prime Minister, The Rt. Hon. David Cameron MP for Witney.
TRINITY Square in Leeds has been sold for £7.45m.
The 20,000 sq ft Trinity Square, which is next to Trinity Leeds, is the site of the former iconic Peel Hotel and is fully let. Oakgate Land, the Yorkshire prop
Over three quarters of Scottish regions see price rises in November.
Richard Sexton, director of e.surv chartered surveyors, part of LSL Property Services, comments:
“The property market in Scotland is powering on ahead like a freight train. Price rises of £2,146 in November reflect the largest increase in a single month, since June 2007 when prices were up b...
London and the south-east drive average annual growth to 5.3%, official figures show, with first-time buyers paying 6.4% more than in 2012
Farming partnerships that include a mix of individual members and companies or trustees are being urged to review their business structures to avoid falling foul of new anti-avoidance tax rules.
Taking out a mortgage is set to be more difficult this year as a wave of changes take effect, experts have warned. A shake-up in the rules around affordability, the withdrawal of cheap funding for banks and building societies, plus fears of a new housing bubble could all lead to lenders toughening their criteria and saving home loans for low-risk borrowers.
ONE of the oldest and best known shopping centres in the country has been acquired in a £16.23m deal.The Arndale Centre in Leeds has been bought by Schroder Real Estate Investment Trust. The Headingly...
Latest data from Knight Frank reveals that prime country house prices are set to continue increasing through 2014 after rising again during the final quarter of 2013. The average price of a prime country house in England increased by 1.4% in the final quarter of 2013 – the biggest quarterly increase...
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