Blog
Updated Insolvency Code of Ethics: what do insolvency practitioners need to know?
Jenny Higgins
1 February 2017
Are you a “responsible” host? Airbnb enforces 90 night annual limit for London hosts
Since its launch in 2008, Airbnb has gone on to be one of the defining figures in what has come to be known as the “sharing economy”. But with this increased presence and power, comes greater responsibility and Airbnb are under increasing pressure to uphold and also enforce current laws regulating the short-term rental market.
18 January 2017
Check your lease before you list for Airbnb – a warning of the pitfalls of leasehold covenants
Airbnb has become a worldwide platform for home owners to generate an extra income stream. The ability to jet away on a tropical holiday and let your home out for a fee or (for those fortunate enough to own more than one home) to let out your additional homes at short term intervals, is certainly attractive. However, whether or not such lettings are legal, or whether they breach any covenants restricting the property, is rarely considered when listing for Airbnb.
1 December 2016
Who is liable for the acts of a fraudulent vendor?
P&P Property Limited –v– (1) Owen White & Catlin LLP (2) Crownvent Limited t/a Winkworth [2016] EWHC 2276 (Ch):
This case serves as a welcome decision for professionals when considering where to pin the blame (and liability) in circumstances where a vendor in a property transaction turns out to be fraudulently impersonating the true owner.
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.
23 October 2015
Landlords’ Right to Rent check obligations – mind the data protection, equality and criminal sanctions traps
The Home Office announced on 20 October 2015 that from 1 February 2016 all private landlords in England will have to check that new tenants have the right to be in the UK before renting out their property. The new scheme will not apply in Scotland, Wales or Northern Ireland for the time being.