This article is part one of a trilogy on dilapidations by Simon Hartley, (Partner, Head of Property Litigation at RadcliffesLeBrasseur LLP), David Blackmore (Director at Blackmore Consultancy) and Edward Shaw (Director at Savills). The article first featured in Estates Gazette…
The March 2021 Budget extended the Stamp Duty Holiday which will now end on 30 June 2021 with a further transition period for the nil rate band. This briefing explains the changes made to Stamp Duty Land Tax (SDLT) during…
The Chancellor’s Budget 2021 (3 March) was somewhat less dramatic than the expected increase in capital taxes. There was however no reprieve for the proposed weighty surcharge additions to the Stamp Duty Land Tax (‘SDLT’) regime in the UK applicable…
Following yesterday’s announcement from the Chancellor, click here for a full summary of the Budget and here for our Tax Tables summarising tax changes. To the casual observer, the first Budget of 2021 appeared to have been fully revealed before the…
Reduced rates of Stamp Duty Land Tax (SDLT) will apply for residential properties completing between 8 July 2020 until 31 March 2021. The following rates apply for: First time buyers Purchasers who are not first time buyers but this being the only property…
The reduction in Stamp Duty Land Tax (SDLT) rates (commonly known as the SDLT holiday) has been widely discussed in the media. (See also our briefing). It is worth nothing that HMRC has also previously announced an extension to the…
In his numerous press briefings and speeches in Parliament, the Chancellor, Rishi Sunak, has become synonymous with describing our current times as “unprecedented”. With reference to commercial property, this word could not be more apt. From 23 March all non-essential…
Most tenants have been asking their landlords for some form of assistance with their rent at least temporarily. Some have asked to pay rent monthly, some have asked for a deferral, and some have asked for rents to be waived…
The Coronavirus Act 2020 (‘the 2020 Act’) came into force on 25 March 2020 and sets out provisions aimed to assist commercial tenants affected by the situation caused by COVID-19. Section 82 of the 2020 Act will be of interest to…
Following the Government’s guidance to stay at home unless absolutely necessary, there has been some confusion over whether home-buyers and sellers can continue to market their houses, proceed to exchange contracts, or complete their purchase or sale when they are…
