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New guidance on the Mortgage Repossessions (Protection of Tenants etc) Act 2010

7 October 2010 | Michael Oberwarth

The Department for Communities and Local Government has published new Guidance to the Mortgage Repossessions (Protection of Tenants etc) Act 2010 (MRPTA). The growth in the letting of property and the...

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Updated guidance on the CRC for landlords and tenants published

7 September 2010 | Joe Kwok

Back in July, I wrote about a recent consultation which asked property owners and occupiers for their opinions on how the CRC Energy Efficiency Scheme (CRC) should be treated in leases. Although the...

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Rescission of Conditional Contract – McGahon v Crest Nicholson Regeneration Limited

10 August 2010 | Stephen Carew

Facts A buyer was contracted to purchase an underlease of a flat off-plan from a developer. The contract was conditional upon the grant to the developer of a headlease by the longstop date of 1 June...

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Leasehold Enfranchisement – Day v Hosebay Limited

10 August 2010 | Stephen Carew

The Leasehold Reform Act 1967 (“LRA”) allows tenants of certain long leases of houses the right to acquire the freehold or be granted a lease extension. The LRA defines a house as “any building designed...

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OFT proposes greater powers for landlords in insolvencies

2 August 2010 | Laura Seaman

The Office of Fair Trading (OFT) has published a report recommending far-reaching reforms of the corporate insolvency regulatory regime. In the report, the OFT said that landlords, as unsecured creditors,...

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“No consensus” following consultation on apportionment of CRC costs between landlords and tenants

23 July 2010 | Joe Kwok

On 17 December 2009, a consultation was launched by a Working Party of various real estate industry bodies to explore whether a cross-industry consensus could be achieved on the apportionment of costs...

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New EU Energy Performance of Buildings Directive 2010 published

21 July 2010 | Tim Brittain

The European Commission has published an updated version of the Energy Performance of Buildings Directive (EPBD). The new EPBD 2010 repeals and replaces the EPBD 2002 from 1 February 2012 and must be...

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Coalition government – how will this affect residential property?

21 May 2010 | Fiona Baker

Similarities are notable between the Conservative and Liberal Democrat manifestos, which can be used to interpret what impact this Government is likely to have on Property. The first similarity...

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Buy-to-let investors will be hit by planned capital gains tax rise

17 May 2010 | David Marsden

The new coalition government has outlined plans to increase capital gains tax (CGT) for non-business assets from 18 per cent to, perhaps, 40 or even 50 per cent – and this could affect buy-to-let investors...

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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...

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