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Stamp Duty on shared ownership property explained
Posted: 31/03/2025
While we always stress to our clients who sell shared ownership property that they should never give advice or guidance to customers on the complexities of Stamp Duty Land Tax (SDLT), we do believe it is helpful for sales professionals to have an understanding of shared ownership SDLT......>>
Commonhold reform: what does the government’s white paper say?
Posted: 06/03/2025
The Labour Party made abolishing the leasehold system a key manifesto pledge; now, in its newly published white paper on commonhold, The proposed new commonhold model for homeownership in England and Wales, the government has revealed its intention to ensure that commonhold becomes the default tenure, starting with new build flats......>>
How to handle tax on residential lease extensions
Posted: 18/10/2024
The tax costs to a landlord of agreeing an extension of a residential lease with their tenant can be unexpectedly large if this is implemented as a surrender and regrant transaction. However, a more cost-effective route may be available. Granting a lease of the reversionary interest in the property using what is termed a ‘concurrent’ lease......>>
Navigating the complexities of boundary maintenance when buying a new home
Posted: 10/07/2024
‘I have moved into my new house, but I am not sure who is responsible for maintenance of the boundary. What do I do?’ It is not unusual to receive this as a call from the buyer post-completion when, for example, the fence at the rear of the property collapses (think of the storms last year) and the buyer has no idea of who is responsible for fixing it......>>
The Leasehold and Freehold Reform Bill: mission impossible?
Posted: 23/01/2024
The mission which Michael Gove, Secretary of State for Levelling Up, Housing and Communities, has chosen to accept is to transform the current residential leasehold system, which he says is a ‘cynical money making scam’, into a system fit for the twenty-first century, so that a home is a ‘home’ and not someone else’s investment. Squaring up to fight......>>

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