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

Tag Archives: residential property

Posted in Real Estate News

UK COVID-19: Residential possession proceedings during lockdown- is the new practice direction too wide to work?

The UK government’s response to the COVID-19 outbreak has included various steps intended to relieve pressure on residential property tenants, whose livelihoods and income might have been seriously impacted by the current lockdown.  Those steps have included the extension of statutory notice periods for landlords who want to terminate residential tenancies, and extra time being

Posted in Real Estate News

Non-resident SDLT surcharge: adding 1% and more complexity

When the government announced in 2018 that foreign investors into the UK property market were to be targeted with an additional SDLT levy, we said that the devil would be in the detail. The consultation document published this week gives that detail. But just how devilish is it? The government is going ahead with a

Posted in Real Estate News

Dancing to the wrong tune? Theresa May’s additional SDLT levy on foreign buyers

Theresa May’s announcement at the Conservative Party conference that foreign investors into the UK property market were going to be targeted with an additional SDLT levy has caused further consternation within the industry. Asserting a determination to “level the playing field” for those who live and pay taxes in the UK, the Prime Minister paved

Posted in Real Estate News

Tenancy Deposit Schemes: surprise decision on pre-2007 deposits!

Another court decision equals another headache for landlords of residential property. Landlords have to do two things within 30 days of receiving a deposit paid in connection with an assured shorthold tenancy: first, pay the deposit into a registered scheme and second, give the tenant certain prescribed information about how the deposit is held. Unless