282 flat building has 2 local leaseholders – the rest are overseas investment companies

“A housing development of 282 flats in central Manchester has only two British families living there because foreign nationals have bought the apartments as investments.

Overseas investors in Number One Cambridge Street hail from 18 nations including Azerbaijan, China and Zimbabwe.

Many of the properties are empty as the investors simply hold them until the price goes up and they sell them.”

http://www.dailymail.co.uk/news/article-4389608/Only-two-flats-occupied-Brits-massive-development.html

“Competition watchdog to examine warranties for new homes”

Too late for the many people in Axminster and elsewhere in East Devon, sadly.

“The Competition and Markets Authority is examining payments between housebuilders and the providers of warranties for new homes as part of a review of NHBC, the largest warranty provider.

The CMA announced last month it was reviewing undertakings made by NHBC, the standard-setting body for new-build properties in the UK and the main warranty provider. These 22-year-old undertakings were designed to improve competition in the warranty market.

The review was announced amid concerns that NHBC is compromising its independence by paying millions of pounds to developers every year. However, the CMA said it was launching the review following a request from NHBC and that it would not consider the “wider issues” relating to the organisation. …”

https://www.theguardian.com/business/2017/apr/07/competition-authority-to-examine-warranties-for-new-homes

“These 14 East Devon villages and towns are going to expand”

“A total of 14 East Devon towns and villages have been earmarked for expansion, and residents have got a final chance to have their say on it.

Following consultation event in 2016, the public is invited to give even more feedback on the version of the East Devon Villages Plan that the district authority is going to submit.

The consultation includes details of the feedback received in response to the 2016 consultation and how the council amended the document after listening to those views. ..”

Any comments received in response to the latest consultation will be forwarded to the Inspector appointed to examine the plan – this is expected to happen during Autumn 2017.

Councillor Andrew Moulding, Chairman of the Strategic Planning Committee, said: “We would like to hear from as many residents as possible, as their views are an important part of the process in finalising the Villages Plan, which is destined to help determine planning applications across the district.”

Residents affected have until 12pm on

Wednesday May 10

to comment on the plan and the supporting documents and all comments will be sent to the Inspector appointed to examine the plan.

The Proposed Submission Villages Plan is available to view on the East Devon Council website:

http://eastdevon.gov.uk/planning/planning-policy/villages-plan/villages-plan-2017/proposed-submission-plan-and-supporting-documents/

as well as at local libraries and in the council offices in Sidmouth.

Villages/towns affected are:

Beer
Broadclyst
Clyst St Mary
Colyton
East Budleigh
Feniton
Kilmington
Lympstone
Musbury
Newton Poppleford
Sidbury
Uplyme
West Hill
Whimple
Woodbury

Maps are helpfully provided in the Express and Echo article. In addition, maps showing the extent of land authorised for business use at Greendale and Hill Barton business parks have been included in the Villages Plan.

http://www.devonlive.com/these-14-east-devon-villages-and-towns-are-going-to-expand/story-30254083-detail/story.html