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Lack of parking sees 7m homeowners convert their front gardens into drives 

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Millions of homeowners have converted their front garden into a driveway amid a shortage of guaranteed parking spaces, it has been revealed.

New research by Direct Line Home Insurance claimed that 6.6 million people have turned either some, or all, of the green space at the front of their property into a dedicated parking area.

The insurer suggested that an extra 3.5 million people are currently planning to do the same, while 4.8 million are considering the move in the future.

It based its research on extrapolating the results of a survey of 2,000 adults, carried out between May 28 and the beginning of June this year.

The highest number of driveways installed was in London, according to research by Direct Line

The highest number of driveways installed was in London, according to research by Direct Line

It comes amid an acute shortage of available parking in many towns and cities where even residents parking fails to solve the issue.

The solution of converting a front garden into a driveway can typically cost thousands of pounds, according to the research.

It suggested that the average cost of having a driveway installed is £2,475. Direct Line said that this equates to £16.3billion already spent by those who have made the changes to their front gardens.

It claimed that a further £10.7billion is expected to be spent in the coming years as the 3.5 million people currently planning on installing a driveway on their property have the work carried out.

It means that homeowners will have spent a total of £27billion turning their front gardens into driveways.

The typical cost of having a driveway installed is £2,475, but it all depends on what type of finish you choose

The typical cost of having a driveway installed is £2,475, but it all depends on what type of finish you choose

How much homeowners spend on their driveway will depend largely on the type they choose.

For example, a gravel driveway is the cheapest option, costing those who install one roughly £40 per sq m.

However, for those who want to install a brick driveway it will cost more than double that amount at around £105 per sq m.

The cost of using paving slabs or concrete is cheaper at £90 per sq m and around £70 per sq m, respectively.

There may be environmentally-friendly options that are cheaper still, such as only using gravel or concrete on the areas under the types, and keeping grass elsewhere.

The research found that the main reason people have or want to turn their garden into a driveway is to make parking easier at 38 per cent.

It also found that 36 per cent wanted to fit more than one person into the car, while 32 per cent wanted to keep their car safer.

Those turning their front gardens into parking spaces who do not yet havea  crossover need to apply for a dropped kerb, so that they can drive easily into the area.

Separate research carried out earlier this year for Direct Line found that during the past three years there has been a rise in the number of dropped kerb requests received by local councils.

Between April 2018 and March 2019, councils received an estimated 14,500 planning requests for dropped kerbs, rising to 14,700 between April 2020 and March 2021.

However, despite this, the proportion of approved applications has fallen, from 80 per cent in between April 2018 and March 2019 to 74 per cent between April 2020 and March 2021.

It appears that this has resulted in many taking matters into their own hands as during the past three years there have been more than 7,500 investigations into illegally-installed driveways – at 4,274 – and dropped kerbs – at 3,347 -, working out at nearly eight per day across Britain.

Dan Simson, of Direct Line Home Insurance, said: ‘Parking spaces across many parts of Britain are in high demand. It is interesting to see how kerb appeal now means a dropped kerb, rather than an attractive front garden, with parking valued much more highly than grass and shrubbery.

‘Creating a driveway often means a dropped kerb which involves applying for planning permission from a local council. We would encourage anyone thinking about doing this to do their research to ensure they have all the correct permissions in place. It is also important to keep your insurer in the loop to make sure your policy remains valid and you are adequately covered.’

More than six million people have turned some or all of their front garden into parking

More than six million people have turned some or all of their front garden into parking

At a regional level, Direct Line’s most recent research found that the highest number of driveways installed was in London, with nearly 1.2 million people having replaced some or all of their front garden.

It accounts for nearly a fifth of all conversions, at 18 per cent, and is followed by the South East and the West Midlands both at 14 per cent.

A third of the population lives in these three regions, highlighted the demand for accessible parking in densely-populated areas.

Demand for driveways in these areas shows no signs of abating with these three regions also accounting for 62 per cent of all those currently planning to convert their front garden into a driveway.

For dropped curb applications, Scotland has the highest application approval rate at 98 per cent followed by the East Midlands at 91 per cent and London at 90 per cent.

The regions with the highest proportion of investigations into illegally installed driveways were Yorkshire at 26 per cent, the East Midlands at 12 per cent and London at 10 per cent.

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What to expect in Budget 2022? Small tax cuts and modest welfare increases

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Public spending may have rocketed over the past 20 months due to the impact of the Covid-19 pandemic but it appears that tax cuts and welfare increases will be on the table nonetheless when the Government sets out its budget on October 12th.

As Tánaiste Leo Varadkar recently said, there will be tax measures aimed at “middle-income people in particular”, as well as a welfare package to offset the impact of the rising cost of living.

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Asking price on average British home hits a record high of £338,462

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The average price tag on British homes has hit a record high of £338,462 as the competition heats up among ‘power buyers’, according to new figures.    

Average asking prices for homes increased by 0.3 per cent, or £1,091, month-on-month in September, according to figures from Rightmove. 

Wales, South West England, the East Midlands, the East of England and the South East – are experiencing annual asking price growth of more than 8 per cent.

Fierce competition continues among buyers for the low number of properties for sale.

Average asking prices for homes increased by 0.3 per cent, or £1,091, month-on-month in September, according to figures from Rightmove. Pictured: A house on sale for £340,000 in Brighton

Average asking prices for homes increased by 0.3 per cent, or £1,091, month-on-month in September, according to figures from Rightmove. Pictured: A house on sale for £340,000 in Brighton 

Rightmove added that buyers who are ready to move – including those who have already sold their own home, have cash in the bank, or are first-time buyers with a mortgage agreed – are ‘out-muscling’ those who still need to sell their home in order to buy. 

The frenzied market activity has helped to push up the average asking price of a newly-listed property to a new record for the fourth consecutive month, according to Rightmove.

The average asking price has climbed £21,389 higher in just six months to £338,447, according to the property listing website’s index.

Rightmove’s Tim Bannister said: ‘We predict that the number of completed sales will be the highest ever seen in a single month when June’s data is released by HMRC.

‘This means it’s likely that the first half of 2021 has seen a record number of moves when compared with the first six months of any other year, induced by the pandemic’s side-effect of a new focus on what a home needs to provide.’

Frenzied activity has helped to push up average property asking prices, says Rightmove

Frenzied activity has helped to push up average property asking prices, says Rightmove

It comes as it was revealed earlier this month that the prices houses are actually selling for are now 13 per cent higher than before the Covid-19 pandemic. 

The figures come in contrast to predictions from agents, who thought the end to the Covid-19 stamp duty holiday would see demand for properties dramatically fall and take heat out of the housing market.  

The Government’s stamp duty holiday, introduced when the pandemic hit last year, fuelled a rapid rise in house prices, but the stamp duty band was halved from £500,000 to £250,000 from July, and will revert to £125,000 from September 30.

Rightmove said that in the month to mid-July, asking prices rose 0.7 per cent – the equivalent of £2,374 and the largest monthly rise at this time of year since July 2007, at the peak of the boom just before the financial crisis.

The price data is based on Rightmove’s asking prices, while the data on the number of sales is a prediction of what the next HMRC transactions will show, based on Rightmove data that looks at properties being marked ‘under offer’ or ‘sold subject to contract’.

Rightmove attributed the increase to a lack of supply of homes for sale and identified a shortfall of 225,000 homes for sale which, if available, would have helped to maintain a more normal level of property stock for sale and stabilise prices.

This stark shortfall, along with frenzied buyer activity, is fuelling record high prices and leading to record lows in available stock for sale.  

The high levels of activity have continued, according to Rightmove, despite the end of the stamp duty holiday.

The stamp duty holiday, which ended on 30 June, saw no tax on the first £500,000 of a property purchase price replaced by none on the first £250,000 until the end of September. Stamp duty is due to return in full after that.

Rightmove said there is an ‘urgent need’ for low stocks of property for sale to be rebuilt so that stability in prices can return.

Rightmove said that the average value of a home in Britain currently stands at £338,462

Rightmove said that the average value of a home in Britain currently stands at £338,462

Mr Bannister said: ‘First-time buyers are currently benefitting from their sector having the most buyer-friendly conditions. Choice is still more limited when compared to the same period in 2019, but price rises are the most subdued of any sector.

‘Saving a deposit is still very hard, but 5 per cent is now an option, and with many paying rising rents, buying your own home on a lower deposit is becoming an opportunity again. The opportunity is also there for property owners to come to market, as it’s still a great sellers’ market despite the recent end of the tax holiday in Wales and its scaling back in England.

‘We’ve also seen a much more efficient housing market over the past year, with the strong buyer demand and faster churn of homes leading to a much higher percentage of sellers finding a buyer for their home, and fewer unsold homes being withdrawn from the market.

‘Buyer sentiment remains strong, and the growth in new households combined with people living longer and having changed housing needs is exacerbating long-term housing stock shortages.’

Rob Sabin, of estate agents Miles & Barr, said: ‘East Kent’s property market continues to be very active during the first six months of 2021 with buyers continuing to purchase the limited housing stock available.

Wales, South West England, the East Midlands, the East of England and the South East - are experiencing annual asking price growth of more than 8 per cent. Pictured: A house on sale for £340,000 in Bristol

Wales, South West England, the East Midlands, the East of England and the South East – are experiencing annual asking price growth of more than 8 per cent. Pictured: A house on sale for £340,000 in Bristol

‘The number of sellers coming to market has slowed as the year has progressed, which means we’ve seen the level of new listings coming to the market significantly decrease year on year, while in turn total available stock levels across the market is at the lowest we have seen in a number of years.

‘While the number of new listings has dropped, our results remained strong with 945 homes listed accepting an offer. East Kent has also seen the number of buyers looking to relocate to either the countryside or by the coast increase with a fifth of applicants registered coming from Greater London.’

Marc von Grundherr, of estate agents Benham and Reeves, said: ‘The UK property market continues to defy expectation, with house prices reaching yet another record high despite whispers of a decline in values as a result of the tapered stamp duty holiday deadline.

‘There’s no doubt the stamp duty holiday has been the catalyst for this impressive market performance. However, it isn’t the driving factor behind the intent to purchase for UK homebuyers and so a robust level of activity will remain long after it has expired. 

‘When you couple heightened demand with a severe shortage of stock, it’s very likely that property values will remain buoyant for the remainder of the year 2021 buyer frenzy reveals 225,000 shortfall in number of homes for sale.’ 

But property price growth has still seen a ‘surprising’ increase in August, with Nationwide Building Society figures placing it at 11 per cent higher than one year earlier. 

However, ONS figures released five days ago suggest the average UK house price dropped £10,000 in July.

The typical home was worth £255,535 in July, according to the Land Registry-based index – around £19,000 higher than a year earlier but significantly below the £265,448 peak in June.  

This translated to annual house price inflation slowing to 8 per cent in July, from 13.1 per cent the previous month.

In a reversal of fortune for the property market compared to the recent past, the North East is the UK’s hottest property market in terms of average price rises, with homes up almost 11 per cent in a year, while London is seeing the lowest gains at 2 per cent, ONS figures show. 

Rightmove added that buyers who are ready to move - including those who have already sold their own home, have cash in the bank, or are first-time buyers with a mortgage agreed - are 'out-muscling' those who still need to sell their home in order to buy. Pictured: A house on sale for £340,000 in Norfolk

Rightmove added that buyers who are ready to move – including those who have already sold their own home, have cash in the bank, or are first-time buyers with a mortgage agreed – are ‘out-muscling’ those who still need to sell their home in order to buy. Pictured: A house on sale for £340,000 in Norfolk 

Tim Bannister, Rightmove’s director of property data, said: ‘Competition among potential buyers to secure their next home is now more than double what it was this time in 2019.

‘To be in pole position in the race for the best property you need to have greater buying power than the rest of the field.

‘That traditionally would mean deeper pockets to outbid other buyers, but in the most competitive market ever, today’s ‘power buyers’ also need to have already found a buyer for their own property, or to have no need to sell at all.

‘Agents report that buyers who have yet to sell are being out-muscled by buyers who have already sold subject to contract.

Pictured: A house on sale for £340,000 on Washington Road in Leicester

Pictured: A house on sale for £340,000 on Washington Road in Leicester 

‘Proof that you are mortgage-ready or can splash the cash without needing a mortgage will also help you to get the pick of the housing crop.’

But there are signs of a re-balancing in the housing market. In the first two weeks of September, the number of new listings was up by 14% compared with the last two weeks of August.

Rightmove said a wider choice of properties should also encourage more homeowners to come to market as the number of potential onward purchases grows.

Mr Bannister continued: ‘This 14% increase in the number of new sellers coming to market in the first half of September is only an early snapshot, but autumn is traditionally a busy period, as those owners who have hesitated thus far during the year see the few months before Christmas as an opportunity to belatedly get their moving plans under way.’ 

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Zappone turns down invitation to appear before committee to discuss envoy role

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Former minister Katherine Zappone has turned down an invitation to appear before an Oireachtas committee to explain the circumstances surrounding her now-scrapped appointment as a special envoy.

The chair of the Oireachtas Committee on Foreign Affairs Charlie Flanagan confirmed on Monday that Ms Zappone had declined an invitation to attend to discuss the matter.

The committee, which met last Wednesday in private session, agreed to write to the former minister and invite her to appear before it.

It is understood the decision was taken at a private meeting after it was proposed by Sinn Féin spokesman on foreign affairs John Brady and his Social Democrats counterpart Gary Gannon.

The committee is also to invite Martin Fraser, the secretary general of the Department of the Taoiseach and the State’s highest-ranking civil servant, to address the issue of precisely when Ms Zappone’s name was communicated to the Department of the Taoiseach.

Controversy erupted over an attempt by Minister of Foreign Affairs Simon Coveney to appoint Ms Zappone as a special envoy for freedom of expression and LGBTQ+ rights.

Mr Coveney – who is attending UN meetings this week in New York – last week faced down a motion of no confidence as a result of his handling of the matter.

Earlier this month, Mr Coveney told the Oireachtas Committee Ms Zappone was mistaken in her belief she had been offered the job last March.

Mr Coveney also rejected claims that Ms Zappone lobbied for the position or that he breached Freedom of Information legislation by deleting texts between himself and Tánaiste Leo Varadkar.

However, Mr Coveney apologised for “sloppiness”, and for making mistakes in the past few weeks.

Records released by the Department of Foreign Affairs show Ms Zappone texted Mr Coveney to thank him on March 4th “so, so much for offering me this incredible opportunity”.

In mid-July she sent another message of thanks but Mr Coveney has insisted nothing had been formally agreed until it came to Cabinet on July 27th.

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