News

Recovery of costs from your opponent in the First Tier Tribunal (Property Chamber) – recent guidance

02/09/16

Prior to 2013, the Leasehold Valuation Tribunal (now First Tier Tribunal (Property Chamber)) could only make costs’ awards against parties up to a maximum of £500 and only where a party’s conduct has been frivolous, vexatious, or where it amounted to an abuse of process.

Landlord’s Consent for Alterations to a Flat

19/08/16

It is sometimes the case that a leaseholder wishes to make alterations to their flat, perhaps to change the layout of the flat or knock down a wall between two rooms. There are numerous works one may wish to carry out to a property. If a leaseholder proposes to do this, they should be aware of the terms of their lease in respect of any works they wish to carry out.

Conveyancing Contracts – Joint and Several Liability

05/08/16

In the recent case Marlbray Ltd v Laditi [2016] the court of appeal held that a conveyancing contract which named Mr and Mrs Laditi as the purchaser was valid despite being signed only by Mr Laditi, who had no authority to sign the contract on behalf of Mrs Laditi.

What does Brexit mean for English governing law and jurisdiction clauses?

22/07/16

On 23 June 2016, Brexit became a reality when 52% of the public voted to leave the EU. Legally, this decision has no immediate effect as the UK remains part of the EU until at least two years after Article 50 of the Union Treaty has been triggered. It is important to remember that until this time the UK will remain subject to EU law. In the meantime, we can only wait to see how and when the UK will formally leave the EU and what the nature of the UK’s relationship will be with the EU thereafter. It’s safe to say that in the wake of the decision, it seems the only certainty is uncertainty.

Brexit and the London Property Market – looking for the positive

07/07/16

It is always difficult to predict what the future will hold and the decision to leave the EU has sent shockwaves across the financial and property markets.

Is extending fixed costs the way forward?

24/06/16

At the end of January this year Lord Justice Jackson spoke at the IPA Annual Lecture and in his speech he recommended the introduction of fixed costs for all claims worth up to £250,000, which is what he calls the ‘lower reaches of the multitrack’.

The new Residence Nil Rate Band – A step forward in Inheritance Tax

27/05/16

There has been much debate over the past years about whether the Inheritance Tax Free allowance should be increased. Finally it seems like there may be some movement forward with a new residence nil-rate band being introduced.

What is a flying freehold?

13/05/16

Every now and again in the course of conveyancing a “flying freehold” swoops in to panic a prospective buyer. Here is a brief explanation of what exactly it is, and what implications it may have in practice.

Purchasing the Freehold of a Leasehold House

29/04/16

If you own a leasehold house you may have a right to acquire the freehold, this right is known as enfranchisement.

Are you affected by any of the following changes to the Stamp Duty Land Tax?

18/04/16

When completing on the purchase of any property, Stamp Duty Land Tax may well be payable. It is important that the Stamp Duty Land Tax is considered when budgeting for a property purchase. From the 1st April 2016, Stamp Duty Land Tax has increased in respect of a purchase of a residential property, in the event that the purchaser already owns one or more properties.