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Current Scheme As it stands today, anyone purchasing a new build property could benefit from the existing Government Help to Buy: Equity Loan scheme which provides 20% of the value of new build properties outside of London and 40% in London. As a...
The Department for Business, Energy and Industrial Strategy announced last week that they will be implementing a new law which means that all furloughed employees will receive a redundancy payment based on their normal wages – not the furlough rate! ...
With lockdown starting to ease and businesses starting up again after many weeks of closure, the issue of Director's Duties will begin to raise its head as directors find ways for their business to succeed in the "new normal". Director's...
Landlords and tenants will be acutely aware of the stay imposed on Possession Proceedings. The stay is scheduled to end on the 23 August 2020. The big question though is what happens next? In short the answer is the new temporary Practice Direction 55C...
There was a time not many years ago when conveyancing mainly involved checking the contract and title deeds, and carrying out essential searches. A seller would also provide a completed property information and fittings and contents forms. Whilst title...
On 8 th July 2020, the Chancellor Of The Exchequer announced that Stamp Duty Land Tax (SDLT) would be temporarily reduced with immediate effect until 31 st March 2020. Under the new rules, the following changes have been implemented: 1. Residential...
Many employers throughout the UK have had to work hard to keep their businesses afloat throughout the Coronavirus pandemic. If their business has been affected or they have had to close during lockdown in accordance with Government guidelines, then...
The case of Ferguson & Ors v Astrea Asset Management Limited shows that an attempt to change contractual terms because of a transfer under TUPE will be rendered void, whether they are to the advantage or disadvantage of the employee. The directors...
Companies looking to protect their business by relying on non-compete clauses for key employees should check that any post-termination restrictions are reasonable. To be enforceable, they should go no further than protecting an employer’s...
Over the last few years families have found that with the increase in the value of property and other assets they may potentially be facing an inheritance tax liability upon the passing of parents and other near family members. The nil rate band for...
