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Keeping It Real Estate News and Trends in UK Real Estate, Disputes and Planning Law

Monthly Archives: December 2014

Posted in Real Estate News

Residential lettings: Ten things that landlords should know about “right to rent”

1. New obligation to check tenants’ residential status New checks are being phased in which require landlords to verify the immigration status of prospective occupiers before granting a residential tenancy or risk a penalty of up to £3,000 for each breach. 2. Pilot scheme started 1 December 2014 in the West Midlands On 1 December

Posted in Real Estate News

How do your offices measure up?

You may be surprised that measurement variations across different world markets can be as high as 24%, according to JLL http://ipmsc.org/. Standards for measuring buildings vary enormously, with some jurisdictions including common space such as lifts and hallways in floor area measurements and others even including swimming pools and car parks. All this inconsistency and

Posted in Real Estate News

A slice of good fortune for student and PRS investors? Impact of SDLT changes

The changes announced on 3 December to the calculation of Stamp Duty Land Tax on residential property (see Chancellor slices up SDLT) will similarly modify the way in which the tax is calculated when claiming Multiple Dwellings Relief. Before 4 December 2014, the rate of SDLT applicable to a qualifying transaction in ‘multiple dwellings’ was

Posted in Real Estate News

Chancellor slices up SDLT

The final measure announced in the Chancellor’s Autumn Statement was the one that took listeners by surprise: a major reform of Stamp Duty Land Tax on residential property transactions.  Not only that, but the changes take effect from midnight tonight (3 December). Crucially, the system has changed from a “slab” system to a “slice” system

Posted in Real Estate News

Do Skyscrapers Have a Future in London?

Hogan Lovells hosted the Reading Real Estate Foundation Breakfast Forum (RREF) on 18 November. RREF is a registered charity and has been set up to provide support for real estate and planning education at the University of Reading. The event featured presentations by: Irvine Sellar, Founder and Chairman of Sellar Property; Peter Rees, former City