21 April 2010 | Richard John
I have personally acted for banks and other lending institutions for approximately twelve years. In that time, I have acted for probably ten to twelve such institutions and have never acted for a lender...
Tags on this discussion: banking banks lender sales repossession sales
19 April 2010 | Richard John |
A common scenario which I have come across when acting for mortgagees in connection with property sales by them involves the following entries at the land registry:
Charges Register:
1. Equitable...
Tags on this discussion: banking banks
14 April 2010 | Faiza Ahmad |
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...
14 April 2010 | Richard John
The Land Registry Portal
Land Registry Direct ("LRD") is a wonderful website. In the bad old days before it was available, one had to order official copies by telephone and wait for them to arrive...
Tags on this discussion: banking banks
13 April 2010 | Richard John
When the Land Registry uses the word “dematerialisation”, it means that it has decided to discontinue the practice of issuing Charge Certificates after registering a lender’s legal charge and Land...
Tags on this discussion: banks Dematerialisation mortgage lenders
26 March 2010 | Shimon Shaw |
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...
Tags on this discussion: Budget budget 2010 First-time buyers HMRC SDLT stamp duty Stamp Duty Land Tax tax
24 March 2010 | Shimon Shaw |
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...
Tags on this discussion: HMRC residential property SDLT stamp duty Stamp Duty Land Tax tax
11 March 2010 | Shimon Shaw
The non-resident landlords scheme is a good example of a trap for the unwary.
Whenever a tenant pays rent to a landlord that is non-resident, or to a letting agent who then pays the rent to a non-resident...
Tags on this discussion: HMRC Landlords non resident landlords scheme NRL NRLS tax Taxation tenants
4 February 2010 | Shimon Shaw
As was reported in the press this morning, The Treasury has published a consultation called "Investment in the UK private rented sector". Otherwise known as buy to let.
One of the key proposals is to...
Tags on this discussion: buy-to-let REITs SDLT stamp duty
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...
Tags on this discussion: pensions pre budget tax VAT