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January 26 , 2018 | Posted by Njlewis | No Comments

Mundy Appeal Dismissed by the Court of Appeal

Since May 2016, the top end of the relative premium range we have quoted in lease extension cases has often been higher because of an Upper Lands Tribunal case involving three properties in Prime Central London (known as Mundy) which, amongst other issues, set a precedent for how to assess ‘relativity’ (the difference between short

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November 23 , 2017 | Posted by Njlewis | No Comments

Yesterday’s budget – Stamp Duty

Yesterday’s budget abolished stamp duty immediately for first-time buyers purchasing properties worth up to £300,000. To help those in London and other expensive areas, the first £300,000 of the cost of a £500,000 purchase by all first-time buyers will be exempt from stamp duty, with the remaining £200,000 incurring 5%. Above £500,000 there is no

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CDM Regulations 2015 – Brexit Update

In April 2015 the new CDM Regulations came into force although there was an option for work on site to select whether to encompass the new 2015 Regulations or comply with the 2007 Regulations that lasted until 31 October 2015. A year on, has much changed? Of the 144 people killed at work in 2015/16,

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