SDLT treatment of garden land on disposal by a homeowner This is a much discussed topic where clarification from HMRC has been sought on several occasions and the case of Hyman v HMRC (2019) has also sought to provide clarify on this complicated area. SDLT...
Extending contractual timeframes to reflect the impact of Coronavirus Numerous Option Agreements and Conditional Contracts (i.e.- contracts which are conditional upon obtaining planning consent) will have various timeframes for submitting a planning application,...
The benefit of index linking purchase prices in uncertain times During these uncertain times, both Developers and Land Owners alike may be keen to see purchase prices index linked in Option Agreements and Contracts which are conditional upon planning being granted....
What is CIL and does it affect my development? What is CIL? Community Infrastructure Levy (CIL) is a charge on additional floor space that Local Planning Authorities charge and which is designed to help fund local and sub-regional infrastructure identified in the...
Landowners: What is a Conditional Contract? In a nutshell it is a contract which is conditional upon one or more things happening before the contract can proceed to completion.In a nutshell it is a contract which is conditional upon one or more things happening before...
Landowners: What is overage? The use of overage agreements is now widespread and it is easy to understand why. After all, who wouldn’t want to create the chance of some additional cash, long after their land or property is sold? What is Overage?Sometimes referred to...
