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Garden Offices and The Party Wall Act
A recent survey found that almost three in five (59%) said that after lockdowns lift, they would like to work from home some or all of the time in their current job. The creation of a home office space is therefore going to be a priority for many people in the months ahead. If you have the luxury of a spare room that’s great ... Read More >>
Rishi Sunak’s Stamp Duty Holiday
Of all taxes, Stamp Duty Land Tax (SDLT) is one of the more debatable (and liked) as it significantly slows the pace at which the housing market can operate. It is particularly restrictive on first-time buyers who make a significant contribution to a functioning market. Less first time buyers, less second-time buyers to buy ... Read More >>
Selling a Flat with a Short Lease
One of the most common reasons for leaseholders wanting to extend their leases is the need to sell. A property's value decreases along with the lease, with a 70-year lease worth around 90% of a 100-year lease, whilst a 60-year lease is more like 80%. The basic mathematics of the lease extension process means that the cost of ... Read More >>