Some high value residential lettings will change status shortly, and an unwary landlord could find themselves with a shock bill. Iain Robinson explains. A change in the legal status of residential tenancies where the rent is more than £25,000 per
What are a landlord’s gas safety obligations?
Most landlords do not know and it is important that they do as failure take the correct action is a criminal offence. This year a landlord was jailed for 2 and a half years when a tenant was badly injured
The Demise of HIPS – June 2010
HIP RIP Slee Blackwell’s Terese Kingman on the unlamented demise of the unpopular Home Information Packs. Do I still need a HIP before I can sell my property? No. On the 20 May 2010 the new Government suspended the need
Stamp Duty Land Tax – First Time Buyer Relief
Introduction The Former Chancellor Alistair Darling in his Budget on 24 March 2010 introduced relief from stamp duty land tax (SDLT) for purchases of residential property at up to £250,000 where the purchaser or all the purchasers are first time
The end of the Home Information Pack
The Home Information Pack (Home Information Pack) Suspension Order came into force on Friday 21 May 2010 What is being done and why? 1. Both members of the new coalition Government opposed the introduction of HIPs and made their abolition
Coalition Government Prepares to Make it’s Mark
It was smiles all round at the recent press conference held by Conservative PM David Cameron and Lib Dem Deputy PM Nick Clegg, but will the cheer extend to the businesses and individuals who put them in power? The short
The Stamp Duty Holiday Is Finally Over!
What is Stamp Duty Land Tax? If you buy land or property in the UK then unfortunately you will have to pay what is known as Stamp Duty Land Tax (SDLT). There are different rates of tax payable dependent on
Adverse Possession
What is Adverse Possession? The law allows a person (“squatter”) to claim title to land regardless of ownership if he can prove that he has had unobstructed possession of the land, with the intention to possess the land, without the