Posted by Peter Foskett, Partner
At Royds Withy King we are still able to serve all your legal needs during the Coronavirus pandemic. Find out more.
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Capital gains tax reform for landlords and second-home owners?
Posted by Andrew Chalk, Partner
Rishi Sunak is considering an overhaul to CGT which could lead to those with second homes and buy-to-let properties paying tens of thousands of pounds more in tax when they come to sell.
What is a ‘Simultaneous Exchange and Completion?’
Posted by Beth Heley, Senior Associate
Associate Beth Heley in our Residential Property, Farms & Estates looks at the pros and cons of a simultaneous exchange and completion for residential property sales and purchases, as the country awaits guidance on easing the current lockdown measures.
Could a reduction in Stamp Duty Land Tax help kick-start the property market?
Posted by Angus Williams, Partner
Contributing authors: Tim Bunting and
The Royal Institution of Chartered Surveyors (RICS) is urging the Government to introduce an emergency stamp duty holiday to help revitalise the post-pandemic housing market. This is a measure that we would certainly support.
Your coronavirus house buying questions answered
Posted by Angus Williams, Partner
The coronavirus pandemic has disrupted many, if not all, areas of our personal and business lives. But one area that has ground to a halt is the housing market. So if you were in the process of buying a house, or were looking whilst the lockdown took effect, we have put together a few FAQs for house buying during coronavirus.
Coronavirus Act 2020: good news for private sector tenants but perhaps less so for landlords
Posted by Natasha Bowcott, Senior Associate
The Coronavirus Act 2020 came into force on 26 March 2020 in England and Wales and will be in place until 30 September 2020.
The legislation covering assured shorthold tenancies, regulated tenancies and fully assured tenancies has made changes to the notice period for Section 21 notices and Section 8 notices.
10 ways new build homes can kick start the post-coronavirus property market
Posted by Beth Heley, Senior Associate
How can the new build residential property market lead the way in the whole market getting back on track? Here we look at ten reasons that makes accelerating new build construction, the right choice in this unprecedented time.
Get your house in order
Posted by Andrew Chalk, Partner
Contributing authors: Angus Williams
Whilst the housing market is in lockdown, there may be opportunity to get your house in order to speed up selling your home when the restrictions lift.
The Coronavirus Bill and how it affects the safety of social and private tenants
Posted by Jacqui Walton, Paralegal (Senior)
Due to the current COVID-19 pandemic, the Government has taken drastic action to protect citizens. One promise it has given is that social and private tenants will not be evicted during these times of hardship. However, the temporary emergency legislation, the Coronavirus Bill (“the Bill”) actually says something a bit different.
Viewing a house during coronavirus: you can look but you must not touch…
Posted by Charlotte O'Driscoll, Associate
Contributing authors: Claire Barwick
With the property market now in the spotlight our Residential Property team have a few thoughts on how to keep the transaction secure and limit the financial risks. Keeping yourself virus free is one thing, but if you are not careful your sale and purchase could become a costly victim of the virus too.
Will super sub Sunak stamp down on property tax rates?
Posted by Angus Williams, Partner
After only 27 days in the role, Chancellor of the Exchequer, Rishi Sunak is ready to reveal his first ever budget, the UK’s first in over 18 months and first as a Non-EU member state in over 40 years. Although no one can be certain what will be inside the famous red box, from the Prime Minister and Chancellor’s comments within the last few months, it is likely we will see Stamp Duty Land Tax (SDLT) take the stage in some way.
What’s best for landowners? A promotion or option agreement – it’s just like apples and pears
Posted by Peter Foskett, Partner
A question frequently asked by landowners is what is the difference between an option agreement and a promotion agreement? And which should they enter into?