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Property

Buying on an estate? Beware of rentcharges

Recently, the government said it intends to ban the sale of houses on a leasehold basis; to put an end to the practice of developers imposing escalating ground rents and high estate charges. While not without its problems – some of which will be addressed when the Leasehold Reform (Ground Rent) Act comes into force […]

Stamp Duty Holiday: How does it work, and what does it mean for you?

The Government’s Stamp Duty Land Tax (SDLT) holiday runs until 31st March 2021, and removes the standard rate of SDLT for transactions under £500,000 in England. Transactions over this amount will have to pay SDLT on the additional sum. It has been implemented to kick-start the property market after COVID-19 put a halt to the […]

Planning use classes overhaul: COVID-19 sparks major change

From 1 September 2020, the categories under the Town and Country Planning (Use Classes Order) 1987 are changing to create two new use classes. It is hoped that the overhaul of planning use classes will aid the recovery of high streets in England, by reflecting the changing and diverse use of buildings in town centres […]

An e-sign of the times?

Times are changing but there’s still a place for pen and ink when it comes to legal property documents, explains paralegal Yasmin Lewis. In the commercial property sector there is growing demand for transactions to be digitally signed, both for the convenience of the parties and to speed up the transaction. Nevertheless, it can be […]

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