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What our customers are asking:

What are the autumn 2022 budget changes for much Capital Gains Tax and CGT exemption levels?

The capital gains tax reduction from April 2023 will bring the annual exemption to 6,000 from the present 12,300. It will further reduce to 3,000 from April 2024 onwards. Indexation naturally still applies. Pundits argue some will consider selling land and property...

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How many leaseholders can form an RTM company?

At least two eligible leaseholders one of whom needs to stand as a director can form an RTM company.

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How is overcrowding determined based on the number of rooms available?

Rules state that anyone aged 10 or over counts as one person, children aged 1 to 9 count as half a person, and babies under 1 are not considered. Overcrowding occurs when the number of rooms is insufficient for the total count of people living in the household. Note:...

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A dispute between Cos Services Limited and leases Mr Nicholson and Ms Willans with respect to service charges demanded by Cos Services Limited under the lease agreement and whether those service charges were reasonable, and secondly, questions arising under the lease.

The Upper Tribunal case was a reference about, first of all, a dispute between Cos Services Limited and leases Mr Nicholson and Ms Willans with respect to service charges demanded by Cos Services Limited under the lease agreement and whether those service charges we...

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Who can be a court-appointed property manager?

The eligibility criteria for a court-appointed property manager can vary depending on the jurisdiction and the specific requirements set by the court. Generally, a court-appointed property manager should possess the necessary qualifications, expertise, and experience...

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Dispute relation to the reasonableness of service charges and the obligations of a landlord left in the lease.

Plantation Wharf Management Co Ltd v Jackson and Another [2019] UKUT 236 (LC)SummaryBackground Facts Plantation Wharf Management Co Ltd v Jackson and Another [2019] UKUT 236 (LC) is a case of a dispute relation to the reasonableness of service charges and the obligat...

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What is the UK Rent-A-Room tax exemption, and who qualifies for it?

Individuals earning less than 7,500 from renting a furnished room automatically qualify. This exemption means charging 625 per month for a room or 144 per week.

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How many types of property taxes are levied in the UK?

In the case of the UK, several different property taxes are levied, including council tax, stamp duty land tax (SDLT), and capital gains tax (CGT) on property sales.

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The case of The London Borough of Hounslow v Waaler [2017] EWCA Civ 45 involves an issue of considerable debate within residential leases over whether charges, particularly in relation to major works, imposed on leaseholders by local authorities are reasonable and proportionate to sums that may be recoverable from the leaseholders.

The London Borough of Hounslow v Waaler [2017] EWCA Civ 45SummaryThe case of The London Borough of Hounslow v Waaler [2017] EWCA Civ 45 involves an issue of considerable debate within residential leases over whether charges, particularly in relation to major works, i...

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What happens when a Court Appointed Manager's term expires?

When a Court Appointed Manager's term expires, the specific actions and outcomes can vary depending on the circumstances and the court's order. Here are some possible scenarios:- Renewal or Extension: In some cases, if the court determines that the management of t...

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What are the factors or scoring criteria in GRESB (Global Real Estate Sustainability Benchmark)?

GRESB (Global Real Estate Sustainability Benchmark) evaluates the sustainability performance of real estate portfolios and assets based on a range of environmental, social, and governance (ESG) factors. The scoring criteria for GRESB is broken down into two main comp...

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What is the heat pump grant?

The heat pump grant is a financial incentive the UK government provides to encourage the adoption of heat pumps for home heating. Families can receive grants of up to 7,500 off installation costs.

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How are HRBs defined during the design and construction phase?

The definition of HRBs during design and construction: Buildings of at least 18m or 7 storeys, including 2+ residential units, care homes, or hospitals. It excludes certain building types.

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Are Court Appointed Managers compensated for their services?

Yes, Court Appointed Managers are typically compensated for their services. The compensation arrangements for Court Appointed Managers can vary depending on the specific circumstances, the jurisdiction, and the court's order appointing them. Generally, there are thre...

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What happens if our absent freeholder subsequently turns up and claims ownership of the building?

If an absent freeholder suddenly reappears and claims ownership of a building after a vesting order or any other action has been taken, the situation can become legally complex. Here's a general overview of what might happen in such a scenario:- Legal challenge: T...

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What is the aim of Land Value Capture 'LVC'?

Land Value Capture or LVC must ensure that the benefits of public investment and planning decisions are shared more fairly across society.

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What are the standard amenities in an apartment building?

Water and electricity supply, drainage system, open spaces, terraces, parking lots, and recreational grounds are standard amenities in an apartment building.

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How do you conduct an asset valuation?

The company needs to look at its balance sheet and identify tangible and intangible assets.From the total assets, deduct the total value of the intangible assets.From what is left, deduct the total value of the liabilities.

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what conflicts arise from the case of Akorita v 36 Gensing Road Ltd [2009] EWLands?

The case of Akorita v 36 Gensing Road Ltd [2009] EWLands is a notable legal case that deals with disputes arising from leasehold properties and the interpretation and enforcement of lease agreements.In this case, the defendant, 36 Gensing Road Ltd, was sued by the cl...

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Extending lease with absent freeholder

Extending a lease with an absent freeholder can be more challenging than when the freeholder is actively involved. However, leaseholders still have options to extend their lease even in the absence of the freeholder. Here are some considerations:- Determine lease ...

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how does The case of Pole Properties Ltd v Feinberg [1981] 43 P&CR 121 deals with the issue of adverse possession?

The case of Pole Properties Ltd v Feinberg [1981] 43 P&CR 121 is a notable legal case that deals with the issue of adverse possession and its application in property law.Pole Properties Ltd., the claimant in this case, sought to take ownership of a plot of land t...

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Are some buildings exempt from the appointment of a property manager?

Yes, some buildings may be exempt from the appointment of a property manager depending on various factors such as the size of the building, the number of units, and local regulations. The specific requirements for appointing a property manager can vary depending on t...

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What exactly is a party wall?

t forms part of a building and stands astride the boundary of land belonging to two (or more) different owners orIt separates buildings and it either stands astride the boundary of land belonging to two (or more) different owners.

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What was the limitation period of the Defective Premises Act 1972 before the Building Safety Act 2022?

Prior to the Building Safety Act 2022, the Defective Premises Act 1972 required claims to be brought within 6 years. The Building Safety Act which received Royal Assent on the 28th April 2022 has now completed all the parliamentary stages in both Houses to become an...

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Building Liability Orders Background It is common practice that property developers set up a subsidiary company with very few assets to own and manage an individual development, and then be wound down once the development is completed. This practice can be used to secure investment in a project, in a long run it can also leave the developer group with no long-term civil liability. Given the current situation, Government has decided to intervene to help those affected find fair redress for building safety issues. What are we going to do?

The Building Safety Bill will grant a power to the High Courts which allows them to extend specific liabilities for one company to any other associated companies and make them jointly and severally liable, should the High Court considers it just and equitable to do s...

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What is the objective of the Building Safety Act 2022?

The Building Safety Act 2022 aims to regulate and fix the responsibility to bear the cost of repairs for the remediation of building safety issues.

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What level of insurance commissions is normal at First port and Estates and Management?

In a case due to be heard at Tribunal in January 2024, Brian White alleges that FirstPort imposes charges on leaseholders and threatens late payment fees to discourage challenging insurance premiums. The property concerned is Hollin Bank Court in Blackburn and White...

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What are the steps involved in taking over the management of a property with an absent freeholder?

Taking over the management of a property with an absent freeholder typically involves several steps. While the specific process may vary depending on the jurisdiction and the circumstances, here are some general steps to consider:- Review Lease Documents: Start by...

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What is the How To Rent guide?

The How To Rent guide is for people renting a home privately under an assured short-hold tenancy, either directly from a landlord or through a letting agency. It advises all tenants on the latest developments in the rental process in the country. It also educates the...

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Why is Wembley Park a suitable area for student living?

Wembley Park is a peaceful place, promising safety and quick access to the city center, making it the preferred destination for student accommodation.

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Ask our Experts

What our customers are asking:

What are the autumn 2022 budget changes for much Capital Gains Tax and CGT exemption levels?

How many leaseholders can form an RTM company?

At least two eligible leaseholders one of whom needs to stand as a director can form an RTM company.

How is overcrowding determined based on the number of rooms available?

A dispute between Cos Services Limited and leases Mr Nicholson and Ms Willans with respect to service charges demanded by Cos Services Limited under the lease agreement and whether those service charges were reasonable, and secondly, questions arising under the lease.

Who can be a court-appointed property manager?

Dispute relation to the reasonableness of service charges and the obligations of a landlord left in the lease.

What is the UK Rent-A-Room tax exemption, and who qualifies for it?

Individuals earning less than 7,500 from renting a furnished room automatically qualify. This exemption means charging 625 per month for a room or 144 per week.

How many types of property taxes are levied in the UK?

In the case of the UK, several different property taxes are levied, including council tax, stamp duty land tax (SDLT), and capital gains tax (CGT) on property sales.

The case of The London Borough of Hounslow v Waaler [2017] EWCA Civ 45 involves an issue of considerable debate within residential leases over whether charges, particularly in relation to major works, imposed on leaseholders by local authorities are reasonable and proportionate to sums that may be recoverable from the leaseholders.

What happens when a Court Appointed Manager's term expires?

What are the factors or scoring criteria in GRESB (Global Real Estate Sustainability Benchmark)?

What is the heat pump grant?

The heat pump grant is a financial incentive the UK government provides to encourage the adoption of heat pumps for home heating. Families can receive grants of up to 7,500 off installation costs.

How are HRBs defined during the design and construction phase?

The definition of HRBs during design and construction: Buildings of at least 18m or 7 storeys, including 2+ residential units, care homes, or hospitals. It excludes certain building types.

Are Court Appointed Managers compensated for their services?

What happens if our absent freeholder subsequently turns up and claims ownership of the building?

What is the aim of Land Value Capture 'LVC'?

Land Value Capture or LVC must ensure that the benefits of public investment and planning decisions are shared more fairly across society.

What are the standard amenities in an apartment building?

Water and electricity supply, drainage system, open spaces, terraces, parking lots, and recreational grounds are standard amenities in an apartment building.

How do you conduct an asset valuation?

what conflicts arise from the case of Akorita v 36 Gensing Road Ltd [2009] EWLands?

Extending lease with absent freeholder

how does The case of Pole Properties Ltd v Feinberg [1981] 43 P&CR 121 deals with the issue of adverse possession?

Are some buildings exempt from the appointment of a property manager?

What exactly is a party wall?

What was the limitation period of the Defective Premises Act 1972 before the Building Safety Act 2022?

Building Liability Orders Background It is common practice that property developers set up a subsidiary company with very few assets to own and manage an individual development, and then be wound down once the development is completed. This practice can be used to secure investment in a project, in a long run it can also leave the developer group with no long-term civil liability. Given the current situation, Government has decided to intervene to help those affected find fair redress for building safety issues. What are we going to do?

What is the objective of the Building Safety Act 2022?

The Building Safety Act 2022 aims to regulate and fix the responsibility to bear the cost of repairs for the remediation of building safety issues.

What level of insurance commissions is normal at First port and Estates and Management?

What are the steps involved in taking over the management of a property with an absent freeholder?

What is the How To Rent guide?

Why is Wembley Park a suitable area for student living?

Wembley Park is a peaceful place, promising safety and quick access to the city center, making it the preferred destination for student accommodation.

Ask from our Property Experts

What our customers are asking:

What our customers are asking:

What are the autumn 2022 budget changes for much Capital Gains Tax and CGT exemption levels?

How many leaseholders can form an RTM company?

How is overcrowding determined based on the number of rooms available?

A dispute between Cos Services Limited and leases Mr Nicholson and Ms Willans with respect to service charges demanded by Cos Services Limited under the lease agreement and whether those service charges were reasonable, and secondly, questions arising under the lease.

Who can be a court-appointed property manager?

Dispute relation to the reasonableness of service charges and the obligations of a landlord left in the lease.

What is the UK Rent-A-Room tax exemption, and who qualifies for it?

How many types of property taxes are levied in the UK?

What happens when a Court Appointed Manager's term expires?

What are the factors or scoring criteria in GRESB (Global Real Estate Sustainability Benchmark)?

What is the heat pump grant?

How are HRBs defined during the design and construction phase?

Are Court Appointed Managers compensated for their services?

What happens if our absent freeholder subsequently turns up and claims ownership of the building?

What is the aim of Land Value Capture 'LVC'?

What are the standard amenities in an apartment building?

How do you conduct an asset valuation?

what conflicts arise from the case of Akorita v 36 Gensing Road Ltd [2009] EWLands?

Extending lease with absent freeholder

how does The case of Pole Properties Ltd v Feinberg [1981] 43 P&CR 121 deals with the issue of adverse possession?

Are some buildings exempt from the appointment of a property manager?

What exactly is a party wall?

What was the limitation period of the Defective Premises Act 1972 before the Building Safety Act 2022?

What is the objective of the Building Safety Act 2022?

What level of insurance commissions is normal at First port and Estates and Management?

What are the steps involved in taking over the management of a property with an absent freeholder?

What is the How To Rent guide?

Why is Wembley Park a suitable area for student living?

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