Commercial Property Evictions Ban Extended Until March 2021

Commercial Property Evictions Ban Extended Until March 2021

Commercial tenants will be protected from eviction due to non-payment of rent until the end of March 2021, Communities Secretary Robert Jenrick announced this week. This is said to be a final extension, and the government says that “where businesses can pay any or all...
Lenders relaxing rules on indemnity insurance for local searches

Lenders relaxing rules on indemnity insurance for local searches

Since the COVID pandemic began the processing of local searches by local authorities has slowed considerably and, in some cases, has ground to a halt. An alternative to a full local search result is the availability of indemnity insurance but most lenders will only...
Inheritance Tax Burden on London and South East

Inheritance Tax Burden on London and South East

Recent newspaper articles have highlighted statistics that show where the burden of inheritance tax liability falls. The statistics for 2017/18 showed that the number of estates actually paying inheritance tax fell for the first time in a number of years, but also...
Leasehold Reform

Leasehold Reform

The Law Commission has published its leasehold reform report and amongst its recommendations are the following: An improved form of Commonhold ownership. Commonhold was introduced about twenty years ago but never took off. It enables leaseholders to own the freeholds...
Capital Gains tax changes for residential property

Capital Gains tax changes for residential property

A reminder that the rules for paying Capital Gains tax after selling qualifying residential property are changing from 6th April 2020. From this date, any UK resident must inform HMRC about the gain and the tax must be paid within 30 days of completion. This...
Rent reviews in the news

Rent reviews in the news

Commercial rent reviews are in the news following reports in The Evening Standard and The Daily Telegraph. They also look set to be a key battleground in the forthcoming London Mayoral elections. The Arch Company, the new landlord of most of the railway arches in...
Loading...