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Latest blog posts

Changes to Capital Gains Tax Affecting Foreign Investors

Sunday, 1st March 2015 | by: Justin Burns

Over the last couple of weeks we’ve begun to receive calls from overseas investors or their agents concerned about the change to Capital Gains Tax which is due to come in to force on 6th April this year. Announcing the change in his 2013 Autumn Statement, George Osborne, UK Chancellor of the Exchequer said “It is not right that those who ... Read more >>

Categories: Surveying, Valuation

The Role of the ‘Agreed’ Surveyor

Wednesday, 25th February 2015 | by: Justin Burns

I’ve been meaning to write a post for a while that I could link to when an owner asks me to explain the role of the ‘Agreed Surveyor’ as it’s a difficult concept. The question tends to be asked by an adjoining owner who has already appointed me to act for them and has been approached by the building owner to ask if I’d be willing to act ... Read more >>

Categories: Party Walls, Surveying

The Most Important Party Walls Article You’ll Read

Sunday, 1st February 2015 | by: Justin Burns

I would estimate that at least 80% of misunderstandings relating to the The Party Wall etc. Act 1996 could be cleared up if people understood the purpose and process as outlined in these 6 steps: The building owner (the party undertaking the work) notifies affected adjoining owners of any work falling within the scope of the Act. Upon ... Read more >>

Categories: Party Walls, Surveying

Assessing a Fair Lease Extension Premium: The Impartial Approach

Monday, 15th September 2014 | by: Steve Hobbs

The statutory lease extension process, as with so many Landlord and Tenant matters, is traditionally adversarial. However, it need not necessarily be so. In most instances the leaseholder simply wants to extend their lease with the minimum fuss and expense and without being extorted in the process. Likewise, many non-institutional freeholders are ... Read more >>

The most common way for a leaseholder to extend their lease involves a solicitor serving a Section 42 notice (S42) on their freeholder under the Leasehold Reform, Housing and Urban Development Act 1993. This notice not only compels the Freeholder to grant the lessee a new lease equal to the existing term plus 90 years at a peppercorn ground rent, ... Read more >>

A question came up on a recent party wall job which led to an interesting debate on what the section 11(11) expenses should cover when one owner re-builds a party fence wall as a party wall and the other owner later makes use of it. Section 11(11) of the Act states that: Where use is subsequently made by the adjoining owner of work carried ... Read more >>

What Constitutes a Land Registry Compliant Lease Plan?

Sunday, 23rd March 2014 | by: Justin Burns

All new leases with terms of 7 or more years or assigned leases with at least 7 years remaining must be registered with Land Registry and to do that a lease plan is required. A Lease Plan is an appropriately scaled metric drawing depicting the land or part of a building over which the lessee has exclusive or shared access. For a Lease Plan ... Read more >>