The case for full disclosure

Article Abstract:

The RICS are calling for price-paid information to be available on the Land Register in England to allow a more accurate valuation of property. A study found that property valuations were only correct to within 9.53%. Valuation authorities often withhold information for no apparent reason and councils can claim commercial confidentiality to keep agreements secret. Bringing the price-paid information into the public arena would assist the property market but the Law society states that it would have implications in cases of fraud and may effect bargaining procedures when a property is resold.

Laws, regulations and rules, England, Valuation, Land titles, Land title registration

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Go with the flow

Article Abstract:

Mill House Inns is expected to have an estimated turnover of 40 million pounds sterling in 1999, from 20 million pounds sterling for 1997-98. Mill House Inns offer informal eating establishments for families. The company has 45 outlets with 10 public houses still being renovated. The company is willing to redevelop more suitable properties. Each public house is expected to make an annual turnover of 1.5 million pounds sterling. The company has raised 9 million pounds specifically to pay for new outlets.

Drinking places, Drinking Places (Alcoholic Beverages), Planning, Bars (Drinking establishments), Hotels and motels, Company Profile, Mill House Inns

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Wheels of steel

Article Abstract:

Issues are presented concerning the development of a motor racing circuit on the site of a former steel mill in Corby, West Midlands. The economic effect of granting of urban regeneration status to the area is discussed.

Economic aspects, Buildings and facilities, Urban renewal, Automobile racing, Corby, England

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