Latest News

Unfair leasehold practices banned on new houses

The Government’s proposals to tackle unfair leasehold practices are as follows:- Nominal ground rents for new long lease flats and houses A ban on leasehold houses save in exceptional circumstances Leasehold information more readily available ...

Changes to Landlord Law

From October 2018 all new tenancies will have to comply with the new regulations brought in under the Deregulation Act 2015. A S21 Notice can expire at any time after the end of a fixed term or break S21 is a prescribed notice that must be used A S21...

Letting Fee Ban means the bigger agents getting bigger

The Letting Fee Ban is set to have a significant impact upon the smaller letting agents.  Smaller agents may have margins of 15 – 20% which will all be lost when the Letting Fee Ban comes into force. For the large letting agencies with bigger...

Permitted Development Rights to relax to enable more homes

Currently permitted development rights including the conversion from agricultural buildings to residential permit a maximum of three properties to be developed without express planning consent. It is proposed that this limit is increased for agricultural...

Commercial Mortgages for Care Homes

Attwells Solicitors as a leading firm in property and particular niche in the healthcare sector is in an ideal position to advise you in connection with a purchase, development or refinance of care homes from the smaller family run care homes to those much...

Government publishes new version of How to Rent Guide

The Government has published an updated version of the How to Rent Guide Following the Deregulation Act 2015, a landlord who is granting or renewing an assured shorthold tenancy in England may not serve a S.21 notice unless he has complied with certain...

2,000 New Homes due to be Built in Ipswich

Plans have been recently released regarding property development on Adastral Park, in Martlesham Heath. The proposal for a 2,000 home scheme, near to the BT Research Centre was shown to Suffolk Coastal’s Planning Committee earlier in the month. The...

Letting Fee Ban - What does this mean for Letting Agents?

The letting fee ban was announced by the Chancellor in his 2016 Autumn Statement. The legislation which is currently going through Parliament has two key consequences for landlords and Letting Agents: A ban on all upfront fees however they are described...

Conveyancing Update for June 2018

The average asking house price for properties that have recently come onto the market in London is £631,737. The average price is 0.9% lower than the properties that came onto the market last month. In monetary terms, the figure is £6009 lower...

Property is expensive, as such the way that people are buying houses is changing.

In order to get on the property ladder friends, relatives and business partners, as well as couples in a relationship are now purchasing property together.  One of the most significant problems that we see with this is that not all of the parties will,...

Leases with high ground rent - The unforeseen AST

It is becoming increasingly common to see leasehold properties with high annual ground rent or escalating ground rent. However an unintended consequence of this is that if the ground rent is over £250 (or £1,000 for London), then the lease will...

Industry weighs in on Letting Fee ban

At the second debate of the Tenants’ Fees Bill, the Ministry of Housing, Communities and Local Government Select Committee heard from experts on the impact the letting fee ban will have. David Smith, Policy Director of the National Landlords...

Regeneration of Brownfield Sites

Attwells Solicitors supports the Government’s policy to make local authorities in England publish a list of “brownfield sites”. This step will make it far easier for developers to identify land that is ripe for investment and take steps to...

Holding less data could be a good start on GDPR for Agents

The fines for breach of GDPR are astronomical 20 million euros or 4% of global turnover. A data breach can be damaging in terms of reputation too. A shredding policy is a good start. Royal and Sun Alliance were fined £150,000 when a hard-drive was...

GDPR Needs to be a Priority for Agents

The new GDPR Regulations come into force on 25 May and yet many Agents have not come to terms with the changes.  The area of the highest risk is marketing and therefore start here and work out the legal basis on which you are marketing.  Next...

House Prices are a Problem

Research conducted by the Homeowners Survey found that 83% of those surveyed considered house prices to be a “serious problem”.  This percentage continues to increase. Those in London are feeling the problem more than most with 90% seeing...

AML Non Compliance remains a big risk for Agents

Credas an identification verification company found that 19% of agents surveyed have been fined for non-compliance with AML with 47% being fined between £5000-£15,000. A third were fined between £15,000 and £25,000. Attwells provides...

First Electronic Signature on a Mortgage Deed

As part of the Land Registry’s process to simplify the home buying process this month Coventry Building Society and Enact have lodged the first electronically signed mortgage in connection with a  property in London. The security for the system...

Are children under the age of 18 classified as "residents" for the purposes of Houses in Multiple Occupation (HMO)?

In April 2010 a new use class, Class C4, was created to differentiate properties used as small HMOs from those properties used as large HMOs.  Class C4 of the Town and Country Planning (Use Classes) Order 1987 covers small HMOs exclusively and to be...

A new "Lease Code" on the horizon?

In March 2018, the Royal Institute of Charted Surveyors (RICS) published a consultation on a professional statement currently designated as the "Code for leasing business premises", which incorporated a new Lease Code. The intention of this newly...
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