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
9 March 2010 | Mark Tempest
In Goldacre (Offices) Ltd v Nortel Networks UK Ltd (in administration) [2010] All ER (D) 54 (Jan), the respondent company held two long leases over properties of which the claimant was the landlord. During...
Tags on this discussion: administration administration expenses administrator Corporate Recovery Insolvency Insolvency Practitioner Landlord rent
26 February 2010 | Shimon Shaw
The last decade saw the rise of the private buy to let landlord. Many of these properties are jointly owned by spouses or civil partners. Without proper tax advice, the rental income will default to...
Tags on this discussion: buy-to-let HMRC property tax Tax Issues Taxation
8 February 2010 | Sarah Wilkins |
A new model shared ownership lease aimed at creating more certainty for lenders and more clarity for purchasers of New Build HomeBuy property has been created by the Homes and Communities Agency (HCA).
The...
Tags on this discussion: buying a new home Homebuy Homes and Communities Agency Leases Shared-ownership
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
29 December 2009 | Steven Mills
The Ministry of Justice has today published a consultation paper on mortgages - power of sale and residential properties. It ends on 28 March 2010.
The consultation was launched in response to the case...
Tags on this discussion: eviction lenders mortgages residential property
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
19 November 2009 | Steven Mills
The question the court considered was whether the second defendant had an equity in relation to the property and, if so, whether the claimant’s charge took subject to that equity.
The court held that...
Tags on this discussion: disability equity new case overriding interests property property sales
19 November 2009 | Steven Mills
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...
Tags on this discussion: borrowing buy-to-let FSA mortgage advisers mortgages reforms