Richest buyers costing £1bn in stamp duty Avoidance

Stamp duty avoidance on £1m+ properties could be causing the Government a loss of £1bn in revenue. With pledges from Mr Osborne earlier this year to tackle tax avoidance, many will be pointing to this as an area he should be scrutinising closely.

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Letting a commercial premises

birminghambuildingsurveyors.co.uk – If you’re thinking of letting your commercial premises, the difficult economic climate has made it more important than ever to be aware of your options. Four main types of agreement exist and we describe each to help you make the right decision.

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Construction guide – power cables

Every year accidents occur on large and small scale construction sites around the country, when due care and attention is not paid to neutralising the threat of un-insulated overhead and underground power cables. We have provided a guide to help you stay safe, whether you’re constructing a 10 storey block of flats, or merely repairing your chimney.

Read our guide here.

Drafting Leases advice – Tenant’s property – The Torts (Interference with Goods) Act 1977

Most tenancy agreements stipulate obligations on the tenant to remove all of its goods at the end of the agreement. There is no guarantee, however, that the tenant will oblige in this. By leaving goods at the property, the landlord can inadvertently be put in a position he or she likely didn’t predict.

To read more on this and benefit from our advice, click here.

Tenant services authority starts consultation on regulatory framework

The Tenant Services Authority has launched its consultation about the new regulatory framework. The consultation runs until 10 February 2012, and the new framework is expected to take effect on 1 April 2012. The new framework takes account of the new investment arrangements, ministerial directions to the regulator, and the Localism Act 2011.

Find out more on the National Housing Federation’s website here.

Judge rules Leasehold Service Charges covered by Consumer Protection Laws

Case Reference: Levitt v London Borough of Camden

A new case concerning a hot water system disagreement between leaseholder and freeholder in an apartment in the London Borough of Camden, has reached an important conclusion: a ruling that the Unfair Terms in Consumer Contracts Regulations apply to the service charge provisions of long leases. The decision in the present case could be determinative of contribution obligations if similar cases arise elsewhere under similar leases.

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Co-operative Housing Tenure Bill introduced into the Commons

The Labour MP for Stalybridge & Hyde, Jonathon Reynolds, has introduced a new Co-Operative Housing Tenure Bill into the House of Commons, as of 11 October 2011. He hopes to achieve recognition for the unique status of co-operative housing and, by doing so, boost investment in housing co-operatives and combat Britain’s housing shortage.

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Appeal Court case ends with ruling for tenant’s evictions for rent arrears.

A recent case in the Court of Appeal has ended with a ruling in favour of making lawful bankrupt tenant possession orders on grounds of rent arrears, a decision which could spell a significant blow to statutory insolvency protections, including bankruptcy and Debt Relief Orders, and the safety net they offer to debtors in the UK.

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