The question has to be asked – how can a property investment which is, of course, a lifelong commitment be justified if it barely provides enough space for 2 busy people let alone the additional family members or pets who may come along in the future. Some may argue that these 76 sqm are only intended to home its residents as they arrive onto the property ladder and that the intention should always be that as the family grows, so does the income and therefore the property. But this immediately results in a huge amount of pressure being placed on the average household.
RIBA says that the abolition of the minimum space standards through the 1980 Local Government, Planning and Land Act is to blame. However, the government is now calling for an end to these "rabbit hutch" homes which could place unnecessary frictions on family relations.
The problem is further exacerbated due to the fact that the UK property industry greatly needs new properties to meet the growing market. Not enough properties have been constructed over recent years and therefore, prices are increasing in response to the demand.
How does the sensible buyer react to such a conflicting market situation? Dawson & Associates is always an advocate of sound advice. As qualified property surveyors since 1980, we know that every property problem has a solution and we can apply expertise to help you to find the answers that you require. Whether you need to find a property that has the potential of giving additional space in the future or if you simply want to know whether a property is truly worth the high price tag, call us. Initial advice is free of charge.
The British culture places a lot of pressure on its residents to purchase a property. But without the property advice of a thorough property survey, mistakes can be made. Call us at any time to discuss your potential property purchase.
Book a Surveyor +44 1424 882263 www.dawsonsurveyors.com
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