When: Wednesday 22nd February 2017 arrival from 8am for a 8:30am start Where: Teacher Stern Offices, 37 - 41 Bedford Row, London, WC1R 4JH What: A practical session on what to do with existing residential property structures from a tax perspective Who: Sarah Cardew, Tax Partner of Teacher Stern LLP and Michael Thomas, Tax Barrister of Pump Court Tax Chambers Places are limited, [...]
The details of how Bank of Scotland rushed older borrowers into hugely expensive mortgages where their debt rose with house prices have been revealed by a This is Money investigation. Evidence has emerged that the bank - which has previously been criticised for sharp sales practices - hurried customers approaching retirement into signing up to shared appreciation mortgages without financial [...]
What: A practical introduction to the concepts of hedging, focusing on interest rates and foreign exchange exposures. The seminar will address: Why is it needed? How is it documented? How is the decision taken? Why does it go wrong and what are the consequences? The seminar will last no more than 45 minutes with an opportunity to ask questions and [...]
There are often occasions where so detailed corners of the law do not emerge unless one has to deal with them in a particular case. The NHBC Sheltered Housing Code (“the Code”) is one such example. It is an important Code as it governs the relationship between the residents, the builder/developer, the purchaser and the management organisation. It results in [...]
Teacher Stern is delighted to announce being recommended in seven practice areas in this year's edition of the Legal 500, the leading guide to law firms in the UK. This year's results see Teacher Stern ranked in four additional practice areas compared to the previous year, with eight lawyers recommended. Joint Managing Partners David Salisbury and David Irwin, the “acutely [...]
What are the changes? The Government is consulting on changes which will mean that non-domiciles can no longer escape a UK IHT charge on UK residential property by owning it through an offshore vehicle such as a company or trust. The period for consultation runs until 20 October 2016 and the changes will come into effect from 6 April 2017. [...]
Laura Bushaway highlights a number of changes to be implemented by the Housing and Planning Act 2016 in relation to landlords/property managers of residential properties in England. The Act was approved by Parliament on 12 May 2016. Below are some key provisions of the Act. These are not currently in force:- Limitation of administration charges The Act empowers Courts, the First-Tier Tribunal [...]
Laura Bushaway examines the Court of Appeal decision in Jewelcraft Limited v. (1) Paul Pressland and (2) Justin Pressland [2015] which gave further guidance on when mixed-use properties will qualify as a house. The Supreme Court has recently refused permission for the decision to be appealed on grounds that it did not raise an arguable point of law. The appeal [...]
Laura Bushaway and Michael Daniels examine the new regime for landlords and their agents to carry out immigration checks on tenants prior to the grant of tenancies and the requirement for certain properties to be licensed under selective licensing schemes operated by local authorities in some areas of the UK. Right to Rent: Immigration Act 2014 (Commencement No. 6) Order [...]
Section 21 Notices: Changes from 1 October 2015 Following our article in March regarding the proposed changes to the way landlords may obtain possession of Assured Shorthold Tenancies (ASTs), Laura Bushaway provides an update on the changes to Section 21 of the Housing Act 1988 as a result of the Deregulation Act 2015, which will come into force on 1 [...]
