A recent Tribunal hearing found that a purchase of a residential property with separate annex did not comprise two dwellings such that a claim to Stamp Duty Land Tax (SDLT) Multiple Dwellings Relief (MDR) applied
Housing developer Persimmon and insurer Aviva have both confirmed they are taking steps to address the issues surrounding unfair ground rents that have been subject to investigation by the Competition and Markets Authority since 2019.
Whereas most operators in the real estate industry, Donald Trump included, may be most interested in the “art of the deal”, the Fifth Money Laundering Directive (“5MLD”) requires that estate agency businesses must make a customer known to them and not just make a sale.
On 15 June 2020, all non-essential retail, which includes fashion and luxury retail, is permitted to open for business, provided that safety guidelines are followed. This means that many retailers will currently be working on plans to start getting their workforce safely back to work in order to prepare stores and check stock in readiness for the reopening.