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Commercial Property

Commercial Property

Commercial rent arrears: The road to recovery

When a tenant of a commercial premises cannot pay his rent, what options are available to the landlord to recover the arrears? While there are various options, the landlord must consider what he wants to achieve in the particular circumstances. In brief, here are the options for the recovery of...

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Commercial Property

Stamp Duty Land Tax (Commercial) – A Bolt from the Blue

In an unexpected move, as part of the 2016 Budget, the Chancellor announced changes to SDLT rates for commercial property transactions, which he described as “a big tax cut for small firms. All in a budget that backs small business." Rather than paying the same rate on the whole value of the...

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Commercial Property

SDLT – Commercial Property Transactions

The following article is an update to the information below: http://www.lawplainandsimple.com/legal-guides/article/stamp-duty-land-tax-commercial-a-bolt-from-the-blue From 1 April 2016, anyone buying residential property in addition to their main home is now subject to a 3% increase on the Stamp...

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