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Property legal opinion

Comment from legal experts about legislation affecting the property sector.

Identity

To guard against a fraudulent seller, watch out for red flags

21 March 2017

Property fraud is not new, but it is becoming increasingly sophisticated and affected parties may be surprised to learn that their professional advisers may not be liable for the losses suffered.

Christian and Nick Candy

Candys obtained confidential valuation from Savills for Holyoake property

6 March 2017

A leading property agent at Savills passed a confidential property valuation to the Candy brothers without the knowledge of his client, the High Court has heard.

Nick Candy

Candys trial: brothers accused of tax evasion 'conspiracy'

2 March 2017

Property tycoons Christian Candy and Nick Candy have been accused of conspiring to unlawfully evade “enormous sums” of tax in High Court proceedings today.

Paul Chases Alex Wright Herbert Smith Freehills

New limited partnership likely to encourage real estate investors

2 March 2017

HM Treasury published a revised draft legislative reform order on the proposed amendments to the Limited Partnership Act 1907 on 16 January 2017.

John Cook (left) and Mathew Ditchburn

Why CVAs fail more often than not, especially for landlords involved

17 February 2017

In March 2016, BHS entered into a company voluntary arrangement (CVA) with its creditors, designed to transform the company’s fortunes and avoid full-blown insolvency. Just a few weeks later, the retailer collapsed into administration.

Legal consultation

Relying on section 49 LPA 1925 – can you be rock solid?

7 February 2017

The payment of a deposit by a buyer to a seller under a contract for sale is a fundamental part of a transaction since it comprises the “consideration” that all first year law students learn is necessary – along with offer and acceptance – for the formation of a binding agreement between parties.

Dunton Hills Garden Village

Uncertainty remains over garden villages and starter homes

1 February 2017

Already this year, the government has announced the locations for 14 garden villages and bolstered affordable housing by stating that the first starter homes will be built across brownfield sites in 2017, through the first wave of 30 local authority partnerships established under the £1.2bn Starter Homes Land Fund.

_CALL OFF DUTY logo

Landlords must assume tax relief changes will come into force in April

20 January 2017

Currently, buy-to-let landlords can deduct their finance costs, including mortgage interest, from their rental profits before calculating their taxable income.

Case news

Legal consultation

Relying on section 49 LPA 1925 – can you be rock solid?

7 February 2017

The payment of a deposit by a buyer to a seller under a contract for sale is a fundamental part of a transaction since it comprises the “consideration” that all first year law students learn is necessary – along with offer and acceptance – for the formation of a binding agreement between parties.

more property case news...

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