• Property - commercial

    This area is for commercial property practitioners and provides latest advice and information about commercial real estate.

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    Stamp taxes measures announced in the budget

    HMRC has summarised the changes to stamp taxes further to the announcement of the chancellor's budget.

    17 March 2016

    Residential stamp duty land tax reforms

    The chancellor has confirmed that from 1 April SDLT will be higher when an additional residential property is purchased for more than £40,000.

    17 March 2016

    Non-residential stamp duty land tax reform

    The chancellor announced in his budget that slab rates of Non-residential Stamp Duty Land Tax reform have been abolished for non-residential properties.

    17 March 2016

    Budget announces cuts to business rates from 2017

    The chancellor announced that from April 2017 small businesses that occupy properties with a rateable value of £12,000 or less will pay no business rates.

    17 March 2016

    New Land Registry fee guides - no change to fees

    The Land Registry has updated its fee guidance. The fees have not changed.

    10 March 2016

    Consumer Code for Home Builders consultation

    The Consumer Code for Home Builders is seeking views on proposed changes to the code, following the results of their original consultation last autumn.

    10 March 2016

    Land Registry: new online ‘Application Enquiry’ search

    Land Registry portal users will be able to view information about their applications using a new search facility called 'Application Enquiry'.

    10 March 2016

    Changes to SDLT: warnings to clients

    Advice regarding the possibility of not being able to complete transactions that are affected by the possible stamp duty land tax (SDLT) increase on 31 March.

    10 March 2016

    Extended CHAPS operating hours

    The Bank of England has confirmed that the CHAPS payment system will be staying open for extra time from 20 June 2016.

    10 March 2016

    Implementation of Mortgage Credit Directive

    The Mortgage Credit Directive will come into force on 21 March. The implementation will introduce a reflection period for consumers, but the aim is to disrupt the current processes as little as possible.

    3 March 2016
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