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.
Articles by ‘Paul Daniels’
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New measures will end outdated rules from the 1970s preventing London residents from renting out their own homes on a short-term basis to visitors.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.
Housing Minister Kris Hopkins recently emphasised the need to create a fairer, more flexible private rented sector, raising standards of property conditions and rooting out the rogue landlords.
Businesses are continuing to recover from the recent floods, new data released by the Federation of Small Businesses (FSB) has revealed, with small firms in affected areas estimated to have lost more than three…
The government has announced reforms to the common law remedy of distress for rent. “Distress” is one of many ways in which a Landlord can recover monies owed when a tenant is unable to…
In a recent case, Lloyd and others v Browning and another, the Court of Appeal held that a standard ‘non-reliance clause’ would be effective in preventing a successful claim brought by the buyer for misrepresentation against the seller in the contract between the buyer and seller of a property.