This update comments on the latest SDLT and ATED developments including first time buyer’s relief, higher rates (or 3% surcharge) for additional dwellings (HRAD), SDLT Manual updated to incorporate guidance on HRAD...
The collapse of Carillion will cause a great deal of disruption and financial uncertainty. Those unfortunate enough to be affected by these events will require swift expert advice.
The Government has addressed issues surrounding the continued failure to deliver an adequate supply of new housing. While there is a realistic prospect of boosting supply there is also a failure to address some of the fundamental problems.
Property title fraud is becoming an increasing modern problem. Companies can be impersonated as well as individuals and both residential and commercial properties can be targeted.
The Housing & Planning Act provides little certainty as to exactly what constitutes a rogue landlord and instead grants the Secretary of State powers to create and impose secondary legislation.
Five years ago Regional Spatial Plans were abolished. History seems to be repeating itself, the issue now being the benchmark for deciding whether a Neighbourhood Plan is (or is not) “out of date”.
HMRC’s guidance on the higher rate, originally published in March 2016, was updated in November 2016. Those who have not yet read the updated guidance are advised to do so.
