Tree subsidence danger highlighted
Homeowners are being warned about the potential subsidence dangers caused by planting trees too close to their homes.According to Halifax Home Insurance, planting trees too close to homes accounts for the majority of subsidence claims dealt with by insurers.In extreme cases, subsidence can cause major structural damage to homes, however paying special attention to the trees and vegetation around a property can go a long way towards reducing the risk of a subsidence problem."When people plant trees they plant them as young saplings in the garden and obviously they are going to prove no problem whatsoever till after a good number of years," Neil Curling, spokesperson for Halifax Home Insurance said."Regardless of whether the present incumbents stay in the house long enough they have set in motion a chain of events which can lead to subsidence."People do plant trees too close to houses and they bring about the majority of subsidence insurance claims that we face," he added.Most people are insured for subsidence in their home insurance policy, even if they planted the offending tree themselves.
Is the house building sector back in favour?
News that Hugh Osmond, one of the UK's best-known businessmen, has made a takeover offer for UK housebuilder Crest Nicholson has certainly caught the attention of investors in the UK. It is believed on offer in the region of £300 million to £350 million was tabled last week and a response is awaited from the company. There have been rumours for some time that Hugh Osmond has been looking at vari...Read More
Thousands face fines for putting out rubbish too early
Householders have paid out over £185,000 in fines to more than a dozen councils for putting out their rubbish on the wrong day, according to the Times.The Clean Neighbourhoods and Environment Act came into effect on April 6th last year, which permits local authorities to penalise residents for putting out the bins early or leaving bins on the pavement.Under the legislation, councils can charge ho...Read More
Brits cut Christmas budgets
Nearly half of all British internet users intend to cut their Christmas shopping budget this year in an attempt to save money, new research has indicated.A study by Twenga, a shopping search engine, interviewed 3,000 internet users across Europe and found that 42 per cent of respondents were to spend less this year than last, with the figure rising to 48 per cent in the UK.More than a fifth (21 pe...Read More
Germany declares first official recession in Europe
The German government has today confirmed that the economy is officially in recession and the situation looks like getting worse before it gets better. While this is the first official recession in Europe it will shortly be followed by French and Italian declarations together with the UK government over the next few months.
Slowly but surely all of Europe is likely to slip into rece...
New strategy announced to protect the Euro
After one of the most difficult weeks in the relatively short history of the Euro there are still concerns that the following weeks could be volatile to say the least. European Union leaders are locked in talks regarding tighter regulations for the budgets of all member states and a greater harmonisation of economic efficiencies across the board. So are we moving towards a European state? It lo...Read More