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News Click on a News Item below to view the complete article. Please submit any News Items to the Webmaster using the link at the bottom of the page. |
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News found : 74
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| IRRV Performance Awards 2010 29-08-2010 ACES have been nominated for an award in the "Excellence in Valuation" category by the IRRV... more>>> | |
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| Presidential Conference Newquay 07-08-2010 This year's Presidential Conference is being held at the Headland Hotel Newquay on the 16th/17th Sept... more>>> | |
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| New law applies Competition Act to restrictions in property con 27-02-2010 A new law, taking effect in April 2011, will for the first time apply the full force of competition l... more>>> | |
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| Changes to the Capital Finance System 20-01-2010 Reproduced below is the ACES response to a recent consultation from CLG. Dear Ms Blackman, I refer to the consultation paper in respect of the above issued under ISBN 978 1 4098 2030 7. ACES is the Association of Chief Estates Surveyors in the Public Sector. It is a national organisation which represents • the professional heads of property and asset management services in local authorities in England, Scotland, Wales and Northern Ireland • senior property management professionals in other public sector organisations including the Valuation Office Agency, fire and police authorities and government offices • senior surveyors working in the private sector who regularly provide professional services to their public sector clients With about 400 members, we represent some 250 public sector bodies throughout the UK. As such, we are grateful for the opportunity to comment on these proposals. ACES strongly supports the extension of the concession to allow costs of disposal to be set-off against the capital receipt on non-housing sales. However, we equally strongly object to the proposal to cap these costs at 2% as we think that any restriction at this level is unlikely to achieve the aim of the regulations i.e. to encourage more sales of underused public assets. ACES does not see the need to cap these costs and believes that the full costs, properly accounted for, should be allowed to be set-off against the receipt. The 2% cap is likely to cover little more than an agent's fee in securing a sale, let alone costs associated with site preparation, reports, drawings, planning costs and so forth. In the regulatory framework in which we operate today these are increasingly stringent, time consuming and expensive. ACES strongly recommends that the cap is lifted altogether to bring it in line with the position that exists in relation to housing disposals. However, if a cap is considered necessary (not that ACES believes it is) then it should be significantly lifted in order to cover those likely costs. Should the Department wish to discuss the quantum of a realistic cap if one is felt to be required then ACES will be pleased to offer further advice. Yours sincerely Bob Perry MA MRICS President, ACES ... Shorten text>>> | |
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