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Capital Gains Tax Rises

26 May 2010 | Shimon Shaw | 2 comments

By now you'll have heard that capital gains tax (CGT) is on the rise. Assuming that the Government don't propose retrospective legislation, you've probably got until 22 June to sort yourself out and crystalise...

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Option Agreements: Valuation Dates

24 May 2010 | Stephen Carew

A developer and its advisers should be aware of Redlawn Land Ltd v Cowley [2010] EWHC 766 (Ch) when taking an option over land. The case revolved around the date for determining the option price where...

Surge in negligence claims against estate agents and surveyors

20 May 2010 | Richard John | 3 comments

An investigation carried out by a London law firm has revealed a huge rise in the number of professional negligence claims brought over valuations of residential and commercial properties in 2009. The...

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Developers: Beware Open Spaces (2)

20 May 2010 | Stephen Carew

Case law in relation to open spaces seems to be like buses. No sooner have we had the decision in Lewis, R (on the application of) v Redcar and Cleveland Borough Council & others (2010), developers...

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Developers: Beware Open Spaces

22 April 2010 | Stephen Carew

 Developers developing open spaces should be wary of a recent decision of the Supreme Court in Lewis, R (on the application of) v Redcar and Cleveland Borough Council & others (2010). The decision...

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Assured Shorthold Tenancy Agreement Threshold to Rise to £100k from £25k

14 April 2010 | Faiza Ahmad | 1 comment

Currently, to be an Assured Shorthold Tenancy the annual rent under the tenancy must be less than £25,000 per annum. This threshold will increase to £100,000 with effect from 1 October 2010 . The statutory...

Budget – stamp duty for first time puchasers FAQs

26 March 2010 | Shimon Shaw | 3 comments

The Revenue have published a Q&A session which, hopefully, will answer some of your questions. In addition to the Revenue’s answers I’ve added my thoughts. We’ve had a great discussion on...

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Budget 2010 – Stamp Duty changes

24 March 2010 | Shimon Shaw | 16 comments

Whilst I am slightly loathe to post a pre-budget rumour this one is sufficiently headline grabbing to warrant some attention. The BBC have reported that Chancellor Alistair Darling is to announce in...

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Pre Budget Report – what does it mean?

9 December 2009 | Shimon Shaw

Today’s PRB was fairly boring.  Unless you are a bank.  Or a banker.  Or a shareholder of a bank (which I suppose includes all of us). So let’s get the bankers out of the way before looking at...

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Mortgage review

19 November 2009 | Steven Mills Comments Off

The FSA has published proposals for the major reforms required in the UK mortgage market to ensure that it works better for consumers and is sustainable for all market participants. The proposals, published...

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