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Real Estate Law Blog

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

6 October 2015

CDM Regulations 2015 – It’s time to say farewell to CDM Co-ordinators

6 October 2015 marks the end of the six-month transitional period under the CDM Regulations 2015, which was granted by legislators to Clients (i.e. persons “for whom a project is carried out”) to allow them to replace CDM Co-ordinators appointed prior to 6 April 2015.  As of 6 October 2015, the role of the CDM Co-ordinator (pursuant to the CDM Regulations 2007) ceases to exist.  All Clients must have terminated any CDM Co-ordinators appointments and brought Principal Designers (“PD”) on-board.  Please note that Principal Designers must be appointed in writing for projects with more than one contractor (this may mean one main contractor and a sub-contractor) (see regulation 5.1).

25 August 2015

Building contracts: The importance of accurate and clear Interim Applications and Pay Less Notices

The recent decision of Mr Justice Akenhead in Henia and Beck Interiors ([2015] EWHC 2433 (TCC)), provides some helpful guidance regarding the validity of Interim Applications for Payment and Pay Less Notices

4 August 2015

Office fit-outs: Are you aware of the insurance risks?

When a tenant wishes to carry out works to premises which form part of a larger property, it is very often that the insurance arrangements in the relevant documents (agreement for lease or licence to alter for example) do not take into account the practical realities of what and who needs to be insured. 

4 June 2015

Deregulation Act relaxes restrictions on short-term lets in London

Since coming into force on 26 March, the Deregulation Act (the “Act”) has introduced several changes designed to free businesses from the burdens caused by regulations and existing laws.

Last week, on 26 May, further provisions of the Act came into force, including sections 44 and 45 which relax planning permission in London on short-term lets.
 

Mark Fallmann

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