Overseas investors have for the first time overtaken UK institutions to become the largest owners of UK commercial property, new data has revealed.
Articles by ‘Paul Daniels’
Radical reforms of stamp duty, announced earlier this month, triggered a surge in high-end property deals.
The property team at law firm Withy King has played an active role in the development of an award-winning, mixed-use development by Havard Estates in a prime seafront location in Torquay, Devon. Withy King…
The UK commercial property market may achieve returns of over 20% in 2014, making it the strongest return the country has seen in the last 25 years, according to new research.
All too often, our Commercial Property team sees transactions where the VAT status of the property being sold is uncertain and not clarified until long after heads of terms have been issued. This can have major cash flow implications for buyers and also result in higher Stamp Duty Land Tax (SDLT) liabilities for them.
The rise and rise of the technology media & telecoms (TMT) sector in the UK, and specifically London, has had a huge impact on the face of the UK office market.
New measures will end outdated rules from the 1970s preventing London residents from renting out their own homes on a short-term basis to visitors.
Letting agents are now required to publish full details of the fees they charge under plans announced on 13 May. The move ensures a fair deal for landlords and tenants, closing off the opportunity for a small minority of rogue agents to impose unreasonable, hidden charges. The common sense approach avoids excessive state regulation which would push up rents for tenants.
House prices soared by £1,200 during April to stand at a new record high, recent figures have shown.
The new Mortgage Market Review (MMR) rules introduced by the Financial Conduct Authority (FCA) came into force on 26 April along with a new set of guidelines which mean that the rules governing home loans are tightening, with lenders now needing to conduct a full affordability check which applicants must pass.
A solicitor with expertise in high value healthcare property developments has joined the 26-strong commercial property law team at Withy King, now one of the largest in the South West. Commercial property solicitor Andrew…
The Office for Fair Trading (OFT) has launched a new investigation into residential property management services to leaseholders in England and Wales.