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November 2022 Newsletter


Welcome to our November 2022 Newsletter. Product of the Month is Home Insurance. A Manchester bar is offering free pints during the World Cup. What are the rules for a home extension? With winter fast approaching, some tips to make sure you don't suffer from frozen pipes. It's coming home....maybe?


Product of the Month

 

Home Insurance

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A Manchester bar is giving out FREE pints for the World Cup

A Manchester bar is giving out FREE pints for the World Cup

Football fans will just need to quote ‘It’s coming home and I want a free pint’ to redeem their freebie.

 

The World Cup is just around the corner, and Manchester's bars, pubs and specially created fan zones are gearing up for quite the tournament.

One bar in Manchester has announced that it will be giving away free pints to people watching the matches in its venue.

 

Boom Battle Bar located in the Printworks will be giving away free pints an hour before kick-off for every England game in the group stages. The bar chain's venues will be giving away a staggering 4,000 free pints of Heineken, with each venue giving out 66 pints on a first-come-first-serve basis.

Those interested will have to have a table booking to watch the match, and be eligible for the free pint. According to the venue, football fans will simply need to quote ‘It’s coming home and I want a free pint’ at the bar and show their table booking confirmation email to the bar staff to redeem it.

 

The bar has helpfully listed all the fixtures its showing on its website and asks people to book with plenty of time to secure their tables - and hopefully free pints. World Cup tables at Boom Battle Bar start from a £30 pre-paid bar tab per head.

The bar, which aims to give a 'competive edge to nights out' by offering games such as axe throwing and crazy golf opened in Printworks in June. Said to be the UK's first and only battle bar, Boom Battle Bar, brings together food and drink with a 'entertainment battleground' full of competitive games.

 

The Oast House in Spinningfields is also giving away free pints of beer to those watching the World Cup at its venue. All punters have to do is guess the winner of the match during every England game.

Whether you're throwing your pint over your mates in victory or sobbing into if your prediction is off, if you're entering, you'll be served a beer in a ‘Champions of Beer’ cup with a QR code on, and then you just enter who you think will be winning the match. Winners will then be able to claim their free beer at full time and it can be redeemed any time up to December 18.

Boom Battle Bar is located at Unit 2A, The Printworks, 27 Withy Grove, Manchester M4 2BS.

 



How to check the planning rules when doing a home extension

Have you done your homework? Buying a property you can extend can add space and value - but check planning rules first

  • Buyers wanting to extend should research any planning restrictions beforehand
  • Plans may fall under permitted development, or need full planning permission
  • Garage and loft conversions may be easier to get signed off than extensions
  • We ask the experts what buyers need to look out for 

 

The dilemma is chicken and egg. You think that the house you want oozes potential. But how can you ever know before you buy that you won't — literally — hit a brick wall when you begin any building work?

What are the red flags which could scupper your extension plans? The trick, say experts, is to do the detective work before doing the deal.

According to Jonathan Rolande, founder of property investment firm House Buy Fast, there are two types of extension: 'One stays within the footprint of the existing property, for example a loft extension. And the other builds outwards.

 

Ancient and modern: Make sure your plans conform to local restrictions before beginning work on an extension

'Renovations may either fall under what's termed 'permitted development' (often the case with both garage and loft conversions) or those which will need planning permission from the local authority.'

That's why doing your homework (no pun intended) is vital. Researching the planning history of the property — through the local authority website — will flag up whether any prior planning applications have been granted. Or more significantly, refused — and if so, on what grounds.

 

Rachel Redwood, who works on the real estate team of law firm Kingsley Napley, explains: 'Different planning rules apply to properties in conservation areas as well as for listed properties, so a buyer should find out through their solicitor whether the property falls into either category.'

 

Some properties may also be subject to restricted covenants — third-party rights which are registered against the title of the property. These clauses can restrict alterations or extensions. They may even dictate what materials must be used.

A good clue as to whether your purchase will let you turn dreams into bricks and mortar is simply to look at the houses in the surrounding area.

 

Louise Kerridge, an account handler at Renovation Plan, which specialises in self-build insurance, says: 'If the property is part of a cluster of listed buildings, you may have restrictions on the style of extension and the materials you use, or you may not be able to build at all.'

Looking at similar-sized houses on the street will also offer clues as to what's feasible in terms of extensions.

 

 

Joe Warner, director of architecture at BDN Ltd, recommends investigating the materials used, too, by speaking to a structural engineer. For example, alterations to timber-framed properties can pose a challenge.

'Due to the nature of their design and engineering, timber alterations can be much more involved or restrictive compared with traditional masonry homes.'

Of course, not everyone wants the same thing, so it helps to think about the kind of extension you want. Bake Off fans may fantasise over a bigger kitchen, whereas those thinking of working from home might dream of a study.

So simply looking at the property — and the land it is built on — will give an idea of whether it can accommodate the project you have in mind. Put simply, is there enough space to build outwards?

 

'If you are making internal changes, the age of the property is important,' says Ian McConville, of builders' merchants MKM. 

'If it's an older property, you will have to go through brick to make room changes, if it's a new-build that's far easier.'

And one final thing to remember. While an extension should add value to your house, it's not automatically the case. 

So it's important to know your ceiling price: the maximum amount a buyer would pay for a property on your street before they can find a similar house for the same money in a better street.

 

'If you are at the ceiling price, it's unlikely any renovations or extension would add to the value, and you could end up out of pocket,' adds Ian McConville.

 

What to do if you need a mortgage 

Borrowers who need to find a mortgage because their current fixed rate deal is coming to an end, or because they have agreed a house purchase, have been urged to act but not to panic.

Banks and building societies are still lending and mortgages are still on offer with applications being accepted. 

Rates are changing rapidly, however, and there is no guarantee that deals will last and not be replaced with mortgages charging higher rates. 

 

Borrowers should compare rates and speak to a mortgage broker and be prepared to act to secure a rate. 

Anyone with a fixed rate deal ending within the next six to nine months, should look into how much it would cost them to remortgage now - and consider locking into a new deal. 

Most mortgage deals allow fees to be added the loan and they are then only charged when it is taken out. By doing this, borrowers can secure a rate without paying expensive arrangement fees.

 

What if I am buying a home? 

Those with home purchases agreed should also aim to secure rates as soon as possible, so they know exactly what their monthly payments will be. 

Home buyers should beware overstretching themselves and be prepared for the possibility that house prices may fall from their current high levels, due to  higher mortgage rates limiting people's borrowing ability.

 

 

Be aware that rates can change quickly, however, and so the advice is that if you need a mortgage to compare rates and then speak to a broker as soon as possible, so they can help you find the right mortgage for you.

 

 
 
 
 



Households urged to take steps to prevent frozen pipe damage this winter

 

Households urged to take steps to prevent frozen pipe damage this winter

Damage caused by pipes bursting due to cold weather cost £9,300 on average to put right last year, according to analysis of home insurance claims.

The Association of British Insurers (ABI), which released the figure, suggested there are some steps that households can take to limit the risks as temperatures fall.

 
 

Callum Tanner, the ABI’s manager, general Insurance, said: “We understand the financial pressure which rising energy bills are having on many households.

 

“Taking a few simple measures now can reduce the disruption, distress and expense caused by pipe problems this winter, while keeping your heating bills as manageable as possible.

“Of course, insurers are poised to help if the worst happens, but prevention is always better than cure.”

 

To reduce the risk of frozen pipes this winter, the ABI recommends: 

– Taking some simple steps, such as insulating water pipes and water tanks in the loft and using draught excluders around doors to keep the home warm and reduce energy bills. More information can be found at energysavingtrust.org.uk.

 

– If you have a smart thermostat, it may have an anti-frost setting to keep your home heated at a minimal temperature that will stop pipes from freezing. Many radiators will also have a setting with a snowflake symbol, allowing minimal water flow between pipes and radiators, to prevent freezing.

– Know where your stopcock, that turns off the incoming water supply, is located and test that it works.

 

– If you are going on holiday, or leaving your home unoccupied, consider turning off the water at the stopcock to reduce the risk of pipes freezing and bursting.

– Repairing any dripping taps will help prevent water from freezing.

 

– If your pipes freeze, the ABI’s advice is to immediately turn the water mains off via the stopcock and to wait for the pipes to warm up and to move any possessions, such as furniture or clothing, which are near frozen pipes in case the pipe bursts.

– If your pipe bursts, the ABI said people should contact their insurer straight away to seek advice. Many insurers operate 24-hour helplines. They will advise on the next steps and help to arrange for professional repairs to be carried out.

  
 




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