Insights & Reports

Bidwells discusses what is overage and the concept of overage agreements in property transactions.

The Private Rented Sector (PRS) is a classification of housing in the UK. The basic Private Rented Sector definition is: property owned by a landlord and leased to a tenant. The landlord, in this case, could be an individual, a property company or an institutional investor. The tenants would either deal directly with an individual landlord, or alternatively with a management company or estate agency caring for the property on behalf of the landlord.

The High Street has had a tough time in the press lately and in recent weeks the headlines have been littered with household names in the retail sector closing stores.

The Varsity Line is a new East-West Rail line between Oxford and Cambridge, which is due to be completed by the year 2030. This rail link is part of a bigger transport and infrastructure initiative underway in the Cambridge-Milton Keynes-Oxford (CaMkOx) corridor.

The East West Rail link, also called the Varsity Line, is the railway route that once linked Oxford and Cambridge. It allowed for quick and easy travel between the two university towns, and also provided easy access to Milton Keynes.

Capital Park is a specialised office park focused on providing workspaces for high-growth businesses. The park is located in Fulbourn, close to the centre of Cambridge, a town known for its prestigious university and dynamic skilled workforce.

The Oxford to Cambridge Expressway is a proposed dual carriageway set to run between Oxford and Cambridge via Milton Keynes. The objective is to allow for faster travel between these towns. The expressway has the potential to have a big impact on the ‘Golden Triangle’ of London, Oxford and Cambridge.

A compulsory purchase order (CPO) is a legal process that allows acquiring authorities (including public and private bodies) to require those with interest in property, e.g. owners and occupiers, to sell their interests if they obstruct any development or infrastructure project that benefits the ‘greater public good’.

A Grade 2 listed building is defined as a UK building or structure that is "of special interest, warranting every effort to preserve it". Grade 2 is a classification that can be applied to a wide variety of buildings and other structures, in a range of ages, styles and locations.

Building surveyors are involved in all aspects of property and construction, providing the link between the client and the contracting world.

PRS property, or Private Rented Sector property, is a classification of housing in the UK. PRS properties are owned by landlords, who can either be individuals or companies, and leased out to tenants. Other UK housing tenure classifications are: housing association, council housing, and the owner-occupancy (home ownership).

Build to Rent is a term used to describe private rented residential property, which is designed for rent instead of for sale.