13 September 2010 by Nicki Iliffe

Crossrail update

In the current political and economic climate there is much speculation about which projects will go ahead.

However in a statement made recently by The Minister of State for Transport (Theresa Villiers) it appears that the government is still committed to seeing this project through and have issued a statement of the spending including commitments made but not yet paid. This totaled £1,160,779.00.

The statement confirms as follows:-

“Crossrail will support economic growth for London and the UK, and, as the Coalition Agreement made clear, is supported by Government. Recent work to update the business case indicates that the project will generate high value for money.”

“At this relatively early stage in the project, with several of the main construction contracts currently out to tender, Crossrail Limited continues to forecast a range of possible outturn costs which indicate that the project can be delivered within the available funding. To ensure that these costs remain affordable and that every pound spent on Crossrail offers value for money, Crossrail Limited are engaged in an ongoing programme of value engineering, risk avoidance and mitigation and indirect cost reduction. I expect this work to report later in the year.”

We will report on the next statement when it is issued!

10 September 2010 by

Rent, boy, o-boy!

'Rent' may be considered as a simple term but there are many types of rent payable under a lease, in fact rent need not be payable at all for the letting to be a lease, but I digress, and as a landlord or a tenant you need to consider the implications of the rent that you select.

13 September 2010 by Louise Dawson

Permitted Development

In 2008 the rules on “permitted development” (changes to your home which do not require planning permission) changed. There was guidance issued at this point however this was aimed at planning professionals rather than householders.

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