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Legal Updates

10 July 2018

Minimum three year residential tenancy – disaster for landlords?

The government has launched a consultation, inviting comments on their proposals to introduce a minimum term for residential tenancies.

Tom Beak

29 January 2018

Land Registry release data on overseas companies for no cost

In short, this release of data will allow anyone  to discover which companies own land or property in England and Wales, subject first to an online registration.

Tom Beak

22 November 2017

Budget 2017 - Stamp Duty Land Tax "abolished" for first time buyers

As part of the government’s commitment to “fix” the housing market, many had predicted that today’s budget would include SDLT reforms. The budget did not disappoint, introducing reforms for first time buyers, but did it go far enough?

Tom Beak

28 July 2016

Government publishes guidance on changes to tax relief for residential landlords

In Budget 2016 the Government announced that from April 2017 the tax relief that landlords of residential properties get for finance costs will be restricted to the basic rate of income tax. On 20 July 2016, the new guidance was published and is summarised here. 

Katie Allard

13 May 2016

Foreign companies to be required to declare their owners when buying property in the UK

Press reports of this week’s Anti-Corruption Summit, hosted by David Cameron, coincided  with the story of actress Emma Watson allegedly buying a UK property through a BVI company. While investment in UK property through offshore companies is perceived as a principal means by which corrupt individuals seek to launder dirty money, Mr Cameron accepts that there are many legitimate reasons for corporate property investment. 

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