The virtuous circle
The North: There is a debate raging in several northern cities about what to do with dilapidated housing stock. Those who have recognised their value by buying up stock and refurbishing have, in turn, generated a raft of conveyancing work for the region's solicitors. Peter Phelan reports
Residential property in the north of England has become a political football in recent years. A collapse in demand for housing in some inner city areas in a number of northern cities led to Deputy Prime Minister John Prescott’s infamous claim that “in some areas the only option will be to demolish homes that are obsolete”.
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