For the fourth year in a row, the ‘Our Teviot’ summer festival has yet again drawn together hundreds of residents in Poplar for a day of celebration and fun. The annual festival, with roots that originally go back to the 1970s, is one of a string of events arranged by
Contractor Clegg Construction is celebrating Yorkshire Day by reflecting on how the company is helping to shape the county. The Clegg Construction team has delivered multiple new build and refurbishment projects in Leeds, Sheffield, Wakefield, York and other parts of Yorkshire over the past ten to 15 years. And the
Buying or selling a property is a major life event. It’s exciting, but it can also be stressful. One of the most crucial aspects of any property transaction is the contract. It’s the legal document that outlines the terms and conditions of the deal. Understanding its components is vital to
For the fourth year in a row, the ‘Our Teviot’ summer festival has yet again drawn together hundreds of residents in Poplar for a day of celebration and fun. The annual festival, with roots that originally go back to the 1970s, is one of a string of events arranged by award-winning housebuilder The Hill Group and housing association Poplar HARCA, in consultation with Teviot residents. Resident input has been central to the regeneration of Teviot, helping to design the masterplan which will encompass new homes, green and play spaces, shops, community and faith facilities, alongside improved infrastructure. The work has shown how resident-focused placemaking can level up the physical environment while also furthering a sense of community and connection. Nowhere is this more apparent than at the Our Teviot festival, held earlier this month. Over seven hundred residents joined together to take part in a host of activities. Youngsters delighted in the bouncy castle and enjoyed face-painting and balloon modelling, while family members of all ages chanced their arms at the coconut shy. They also participated in a blend of traditional and modern summer fete games, including hook-a-duck, tin can alley, Connect Four and Jenga. The busy festival also saw residents joining forces to create a community art piece, as well as engaging in mocktail making, sustainability activities and a range of family-friendly arts and crafts. Talented musicians added to the festivities, with three young performers and two DJs taking to the stage during the event. A karate demonstration and musical bingo also kept residents entertained throughout the afternoon. Hill’s mascots Jack and Billy the Bear were another hit, particularly with the very youngest attendees. Refreshments at the event ranged from sweet treats, courtesy of DJ and Daughter’s ice cream van and Leaders in Community’s sumptuous cakes, to an outstanding array of Somalian street food from the Women’s Inclusion team. Teviot Resident Laurice Debbici, who attended the festival, said: “The Our Teviot festival was a brilliant event. There were lots of free things for children to do and everything was affordable. It was a real chance for the community to come together. The staff were fantastic and always there when needed.” Cain Peters, Managing Director in charge of Special Projects at The Hill Group, comments: “What a glorious way to enjoy being part of the community here at Teviot and to celebrate the extensive regeneration consultation work that has taken place with the community. The Our Teviot festival has emerged as a highlight of the local social calendar, showcasing the value of resident engagement in every aspect of neighbourhood regeneration. We were delighted to see so many locals enjoying the day, as well as running activities, serving up delicious food and so much more. My thanks to all those who worked so hard to make the festival such a resounding success.” Paul Dooley, Director of Development and Regeneration, at Poplar HARCA said: “The Our Teviot summer festival was a real success. It was wonderful to see the community come together to celebrate and enjoy a day of fun activities. Thank you to everyone who came along and helped out on the day. “The festival is a testament to our ongoing commitment to investing in Teviot and ensuring that the community are at the heart of everything we do. We look forward to continuing working with residents and Hill as we move our exciting regeneration plans for the area onto the next stage.” Building, Design & Construction Magazine | The Choice of Industry Professionals
Contractor Clegg Construction is celebrating Yorkshire Day by reflecting on how the company is helping to shape the county. The Clegg Construction team has delivered multiple new build and refurbishment projects in Leeds, Sheffield, Wakefield, York and other parts of Yorkshire over the past ten to 15 years. And the company continues to work on high profile schemes across the county. Managing Director at Clegg Construction, Michael Sims, said: “On Yorkshire Day 2024, I’m proud to look back at the projects that we have completed in Yorkshire and to shine the spotlight on those that we are currently delivering. “Yorkshire Day is the perfect time to celebrate the county’s investment and economic development which is shaping the towns, cities and rural areas that we see today. “Clegg Construction is delighted to have partnered with a wide range of organisations to play a part in Yorkshire’s development and we look forward to continuing this in the future.” The company is currently working on three significant schemes in Leeds – the multi-million pound refurbishment of the Cosmopolitan Hotel, the £35m, 402-studio student accommodation scheme known as The Fabric Works, and Spinners Yard, a 185-apartment, 11-storey build-to-rent apartment development for Rise Homes. Notable past projects in Yorkshire which the company is proud to highlight include two commercial schemes at Calder Park, Wakefield, Hollis Croft student accommodation in Sheffield, and the refurbishment of Minerva House, a landmark building in the main business district of Leeds. More recently Clegg Construction has completed the Ironworks, a £28.7m, 11-storey apartment scheme in Sheffield, which recently won Regional New Build of the Year at the Yorkshire Energy Efficiency Awards; an exciting £5.9m renovation scheme to transform Maltby Grammar School near Rotherham into a community resource and education centre; Highfield Care Home near Tadcaster, a £9m, 65-bedroom new-build care home for Barchester Health; and a new four-storey, 188-bedroomed, Premier Inn in York on behalf of CBRE Investment Management. “Our experience of working in Yorkshire has included projects across a wide range of sectors such as commercial, leisure, education, residential, offices and student accommodation, and it’s pleasing to see how swiftly these developments have become an integral part of their communities,” added Michael Sims. Clegg Construction is a Midlands, East Anglia, and Yorkshire-based construction firm specialising in the delivery of public and private sector projects. The company works with organisations of all sizes and specialities across a range of different sectors. For more information visit www.cleggconstruction.co.uk. Building, Design & Construction Magazine | The Choice of Industry Professionals
Buying or selling a property is a major life event. It’s exciting, but it can also be stressful. One of the most crucial aspects of any property transaction is the contract. It’s the legal document that outlines the terms and conditions of the deal. Understanding its components is vital to protect your interests. Read on to learn what you should know as a buyer or seller. Understand the Basics A property contract is a binding agreement between buyer and seller. It outlines details from price to closing date and serving as a roadmap for the transaction. The contract should be clear and easy to understand. If you have questions especially when it’s about property contract cancellation, don’t hesitate to ask your real estate agent or lawyer. They can help you understand the legal jargon and protect your interests. Property Description The first thing you need to clarify is the property itself. This might sound obvious, but it’s essential to have a clear and accurate description. The contract should include the property’s address, legal description, and any specific boundaries. You should also specify whether any personal property, like appliances or furniture, is included in the sale. The Price When it comes to real estate business, the purchase price is the cornerstone of any property contract. It should be clearly stated, along with the payment terms. This includes the down payment amount, due date, and the mortgage terms, if applicable. Make sure to specify the currency used for the transaction. Earnest Money Deposit An earnest money deposit is typically required to show that you’re serious about the purchase. It demonstrates your commitment to the deal and can help strengthen your offer. The contract should state the deposit amount, when it’s due, and where it will be held. It’s also important to clarify what happens to the deposit if the deal falls through. Contingencies Contingencies are conditions that must be met before the deal can close. They protect both buyers and sellers from unexpected issues. Common contingencies include: Obtaining Financing The buyer must secure a mortgage or other financing to complete the purchase. This contingency typically includes the lender’s requirements, such as income verification and credit score. Satisfactory Home Inspection A professional inspector evaluates the property’s condition, and the buyer can terminate the contract if significant issues arise. The contract should specify who selects the inspector and the timeframe for the inspection. Sale of the Buyer’s Current Home The buyer must sell their existing home before purchasing the new one. This contingency often includes a specific timeframe for selling the current home. Appraisal The property must appraise at the agreed-upon purchase price or higher. An appraisal is an estimate of the property’s value, and it’s essential for securing a mortgage. The contract should outline these contingencies, including deadlines and what happens if they aren’t met. Closing Costs Closing costs are the expenses associated with finalizing the property transaction. While these costs can vary, the contract should specify who pays for what. Common closing costs include title insurance, property taxes, and attorney fees. It’s important to understand these costs before signing the contract. Possession The contract should clearly outline when the buyer can move into the property. This is often the closing date, but it can also be a different date if agreed upon by both parties. The contract should also specify who is responsible for utilities, property taxes, and homeowners insurance during the interim period between the contract signing and the closing date. Additionally, the contract should address the handling of property taxes paid in advance by the seller, as well as any prorations for utilities or other recurring expenses. Default A default occurs when one party fails to fulfill its obligations as outlined in the contract. The contract should clearly define what constitutes a default, such as late payments, failure to meet contingencies or title issues. It should also specify the consequences of default, including potential remedies for the non-defaulting party. These remedies might include monetary damages, specific performance (requiring the defaulting party to fulfill their obligations), or termination of the contract. Dispute Resolution Disagreements can arise during any transaction. The contract should include a dispute resolution clause, outlining how conflicts will be resolved. This might involve mediation, arbitration, or litigation. Signatures and Counterparts Both the buyer and seller must sign the contract for it to be legally binding. Any real estate purchase contract should include spaces for signatures, as well as the date of signing. In some cases, the contract may allow for electronic signatures. If the contract is executed with multiple counterparts, each counterpart is considered original. This means that all counterparts together constitute the entire agreement, and it’s not necessary to have all parties sign the same document. Conclusion Property contracts are complex documents with far-reaching implications. By understanding the key elements and considering your specific needs, you can protect your interests and ensure a successful transaction. Whether you’re buying or selling, take the time to review and understand every aspect of your contract. When in doubt, seek professional advice.
