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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 Read More

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’ Read More

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 Read More

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
Read More