News and Blog
In an unexpected move, as part of the 2016 Budget, the Chancellor announced from midnight on 16 March 2016, rather than paying the same rate on the whole value of the property, the new rates will only apply to the portion of the price that falls into a particular price bracket.
Continue readingFrom 1 April 2016, anyone buying residential property in addition to their main home will be subject to a 3% increase on the Stamp Duty Land Tax (SDLT) that would currently be payable on the transaction. SDLT is therefore currently high on the agenda for buy-to-let landlords and those seeking to buy second homes.
Continue readingAnyone with mixed use premises from 1 February 2016 needs to be complying with the new right to rent legislation or face a civil penalty of up to £3,000. Read more here about the requirements for private landlords of residential properties.
Continue readingBreak clauses will usually include an obligation on the tenant to have paid the rents due, but what happens when the break date falls between rent payment dates? Is the tenant entitled to a refund of overpaid rent? In this article Kirsten Pratt discusses break clauses using the example of the recent Marks and Spencer plc v BNP Paribas Securities Services Trust Company (Jersey) Limited 2015 case.
Continue readingLandlords should be aware that there are some situations in which they could be subject to a sublease unlawfully granted by a tenant in breach of the terms of the head lease. Read more here about how the end may not be the end.
Continue readingAre you a landlord or a tenant? Read here about the the repair and maintenance obligations you may face both during and after your lease.
Continue readingUnderstanding rent reviews in commercial leases and how to manage them
Rent reviews in commercial leases are crucial for aligning rental income with market conditions. Cara Forrest Associate Solicitor in our Commercial Property Department share her insight into the types of...
This year WSP Solicitors will be having a complete Christmas shutdown from the end of Christmas Eve 2024 to the 2nd of January 2025. Our Christmas opening hours are as...
Assisted Dying Debate and the Path to Legalising End-of-Life Choices
Assisted dying: A humane way to stop suffering and give people the right to die with dignity, or a slippery slope to placing the vulnerable at risk? This article was...
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