Plot Sales FAQs

Plot Sales FAQs

Plot Sales FAQs Where NHBC (or alternative warranty provider) deal with the warranty and the Building Regulations on a development, what is the different between the Cover Note and Final Certificate? The Cover Note confirms that the 10 year new build warranty is in...
Leasehold Reform: Enfranchisement

Leasehold Reform: Enfranchisement

Leasehold Reform: Enfranchisement Today the Law Commission have published their latest reports on leasehold reform. The reports focus on leasehold enfranchisement, reinvigorating commonhold as a tenure, and the right to manage. These reports supplement the...
What is Alienation?

What is Alienation?

What is Alienation? ‘Alienation’ is the right granted in a lease for a tenant to assign, sublet, or share occupation of their property. This is an important factor for tenants when negotiating leases and so this guide will discuss the main alienation provisions in a...
Commercial Leases: What is a side letter?

Commercial Leases: What is a side letter?

Commercial Leases: What is a side letter? What is a side letter?  A side letter is usually a short document that is ancillary to the main commercial lease, which is intended to vary, clarify or supplement the main lease terms. A side letter can be entered into at the...
Stamp Duty Land Tax holiday announced

Stamp Duty Land Tax holiday announced

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...