Update for Residential Landlords Landlords and Tenants will have been aware of the effect of the Coronavirus Act 2020 and the emergency rules resulting in the Court system suspending all Possession Claims and all enforcement of any Possession Orders already made. The...
Possession proceedings – lifting the moratorium Prior to the Coronavirus Act 2020, residential landlords were able to to serve a Section 21 eviction notice on a Tenant whose Tenancy was ending, providing two months’ notice for vacation. If a Tenant did not then...
Chancellor’s Announcement – A Plan for Jobs Earlier this afternoon, the Chancellor made several announcements that the Government will be providing a range of financial assistance schemes over the coming months to help with the recovery of the economy and the jobs...
Stamp Duty Land Tax holiday announced In a speech delivered today, 8 July 2020, the Chancellor Rishi Sunak announced a Stamp Duty Land Tax (SDLT) holiday for residential properties in England and Northern Ireland. What is Stamp Duty Land Tax? SDLT is payable on the...
New government Code of Practice for commercial property relationships The government has published a new Code of Practice to assist landlords and tenants as they deal with income shocks caused by the pandemic. On 19 June 2020, the government published a new Code of...
Flexible Furlough – Guidance Published On Friday, 12th June 2020, the Government published further guidance on the changes to the furlough scheme, with more detail related to flexible furlough. This follows our earlier update available to view here. From 1st July...
