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EW Statements of Insolvency Practice 6 and 11

Paul Green
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The new SIPS 6 and 11 come into effect on 1 January 2018 and replace the interim/current versions which are presently in force. *Statement of insolvency practice 6 - deemed consent and decision procedures in insolvency proceedings* The new SIP 6: - ...

Legal professional privilege on bankruptcy cases

Paul Green
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When advising a trustee in bankruptcy, how far can an office-holder go in demanding documents, or making use of documents, held by a bankrupt’s legal representatives?  Previously, trustees simply stepped into the shoes of the bankrupt.  They...

Stamp Duty cut for first time buyers

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Stamp duty land tax has been done away with for first time buyers on properties worth £300,000 or less in the Chancellor of the Exchequer’s autumn budget released today.   The cut applies to properties in England, Wales and Northern Ireland...

Considerations when jointly owning property

Sarju Kotecha
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The solicitors within our Litigation & Dispute Resolution Department are often instructed to assist with disputes arising out of property jointly owned by one or more people. Such disputes can often be distressing and expensive to resolve. However, many...

RICS launches consultation on service charges for commercial property

Robert Souber
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The Royal Institution of Chartered Surveyors (RICS) has launched a consultation on their upcoming 4th edition of the RICS Code of Practice: Service charges in commercial property, which will be published on 1 April 2018. The new Code of Practice is intended...

Double Trouble - an expensive pitfall for unwary residential landlords

Jon Mahony
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Landlords of properties let under Assured Shorthold Tenancies (“ASTs”) are under a statutory obligation to protect their tenants’ deposits.  Section 213 of the Housing Act 2004 (“the Act”) requires that where a deposit is...

An important reminder for landlords: Upper Tribunal rules insurance premium not "reasonably incurred"

Robert Souber
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In a recent ruling that will serve as a word of warning to all landlords, the Upper Tribunal upheld a claim made by residents of a block of flats against their landlord. The tenants successfully argued that the insurance premium, which was included in their...

Property Fraud: What can you do to protect yourself?

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The average cost of a home in the UK is now above £200,000, and the sheer value of property means it is an attractive target for criminals. Online technology is being used for property transactions more frequently than ever, and this means fraudsters...

Why is the housing market slowing down?

Varsha Sood
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It has to be said that the UK housing market has remained resilient through turbulent times. A post-Brexit price crash did not occur despite multitudinous predictions of tumbling values, and according to recent reports the total housing stock in the UK is...

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