The big news in the Autumn Statement was the change to Stamp Duty. • No stamp duty will be paid on the first £125,000 of a property • 2% will be paid on the portion up to £250,000 • 5% is paid for the portion up to £925,000 • 10% […]
The result of a recent case Cohen v Tesco Properties Ltd & Anor (2014) EWHC 2442(Ch) has highlighted the importance of ensuring that a Conditional Contract for the purchase of land subject to obtaining Planning Permission is correctly drafted. In August 2013, the Claimant landowner (Cohen) entered into an agreement […]
Several noteworthy changes to planning law came into force on 6 April 2014. The changes introduce a number of new permitted development rights for change of use: New Class CA allows a building used as a shop to be used as a bank, a building society, a credit union or a […]
Do you have more than one property? Are you considering separating? The timing of separation is crucial. Why, you ask? The reason is Capital Gains Tax. If you own a property that you have not lived in then you are no doubt aware that a sale would trigger what is […]
Most people will doubtless know that many of the Royal’s own large property portfolio’s. Prince Charles, as Duke of Cornwall is no exception. Prince Charles’ property portfolio includes the former offices of the Metropolitan Police at Tintagel House on the Albert Embankment in London. This property has recently hit the headlines due to […]
Commercial Property Business Rate Relief In certain circumstances business rate relief is available for owners and tenants of commercial property. Business rates are collected by the Local Council to help pay for local services and are charged on most non-domestic properties. You will need to comply with the relevant criteria […]
