Pound steady as Article 50 trigger date approaches

Although we’re now only days away from the long-awaited activation of Article 50, the pound is proving resilient and its best levels of the week could be yet to come. For more details from Currency Direct click here.

London house prices hit record high despite imminent Article 50 trigger

Average asking prices in London have hit a record high of £650,000, with price growth driven by rising demand in the outer boroughs. To read the full article from Homes & Property click here.

Modernising the Home Moving Process – Feedback sought

On the 3rd April 2017, BAR Company Secretary, Paul Swindon, will be attending a panel session at The Conveyancing Association Annual General Meeting at the House of Commons, to represent and discuss the challenges and frustrations that Removers might face as part of the wider home moving process.

This is in response to a White Paper published by the Conveyancing Association titled ‘Modernising the Home Moving Process  which sets out their suggestions for ‘completion certainty’ for the consumer.

Members are invited to share their opinions, ideas and suggestions within the BAR Members forum of the same title, or by emailing paul.swindon@bar.co.uk, for consideration at the forthcoming CA panel session.

Please note that the Conveyancing Association will be attending the BAR Conference 2017 in Cardiff on Friday 19th May to share their findings.

UK home asking prices rise 1.3% on-month in March, says Rightmove

Prices sought by sellers of UK homes rose 1.3% month-on-month in March 2017, according to the latest house price index published on Monday (20 March) by Rightmove, the UK online real estate portal and property website. To read more click here.

Multi-million pound major road improvements unlock thousands of homes and jobs

Multi-million pound road improvement schemes announced today by Highways England are set to help create almost 11,000 jobs unlock the development of more than 4,000 homes. To read the full article from .GOV.UK click here.

Information for commercial drivers

Here is your weekly commercial drivers travel update from TfL, which sets out changes and events that could affect your planned operations. Click here to download the latest commercial drivers bulletin for full details

UK economy will grow more strongly than expected, says BCC

According to The Guardian, robust consumer spending and a brighter outlook for trade and investment will mean the UK’s economic slowdown this year is less severe than previously feared, the British Chambers of Commerce has predicted. To read more click here.

Rents set to jump by 20% in next five years – Zoopla

By comparison, house prices are expected to climb at a slightly slower rate of 18% over the same period, says RICS. To read more click here.

Latest information for commercial drivers

Here is your weekly commercial drivers travel update, which sets out changes and events that could affect your planned operations.

Click here to download the latest commercial drivers bulletin for full details

Import of cars with air conditioning as part of household goods

EU-Imports of certain specific greenhouse gases (the hydrofluorocarbons, perfluorocarbons, sulphur hexafluoride and other greenhouse gases) and products containing these gases are regulated on the basis of Regulation No 517/2017 / EU as of 1 January 2017. The aim of this regulation is to contribute to the limitation of climate change by reducing the emissions of fluorinated greenhouse gases in the EU. To achieve this goal, the placing on the market of specific fluorinated greenhouse gases and products that contain these gases is subject to quotas which will be steadily reduced. The greenhouse gas HFC-134a (also traded under the name R-134a) is also affected and has been used as cooling liquid in air conditioning of cars for instance.

 

The implantation process of the new regulations is still ongoing in some port agencies and it is not always clear whether or not cars with air conditioning containing fluorinated greenhouse gas as part of the removal of household goods is affected by the new regulation.

 

Regulation 517/2017 states in Article 14:

Article  14

Pre-charging  of  equipment  with  hydrofluorocarbons

  1. From 1  January 2017  refrigeration, air conditioning and  heat pump equipment charged with hydrofluorocarbons  Shall  not  be  placed  on  the  market  unless  hydrofluorocarbons  charged  into  the  equipment  are  accounted  for  within  the  quota  system  referred  to  in  Chapter  IV.
  2. When  placing  pre-charged  equipment  as  referred  to  in  paragraph  1  on  the  market,  manufacturers  and  importers  of  equipment   shall   ensure   that   compliance   with   paragraph   1   is   fully   documented   and   shall   draw   up   a   declaration   of   conformity  in  this  respect.

….

It is important to note that “place on the market” in the context of the Regulation is defined as:

Article 2

Definitions

For the purposes of this Regulation the following definitions apply:

…..

(10) ‘placing on the market’ means supplying or making available to another party in the Union for the first time, for payment or free of charge, or using for its own account in the case of a producer, and includes customs release for free circulation in the Union;

When importing vehicles, refrigerators etc. as part of the household goods, a “supply or making available to another party in the Union” is not taking place. The customer transferring his residency is owner of the imported car etc. and he is importing it as part of the household goods for private purposes / for its own use.

 

FEDEMAC is of the opinion, that passenger cars, refrigerators, air-conditioning units, etc., which are imported as part of the household goods, even if they contain refrigerants, are not subject to the scope of Regulation No 517/2017 / EU.

 

With kind regards

Ellen Troska

FEDEMAC Headquarters