Christopher Pincher Appointed New Housing Minister
Boris Johnson’s Government has appointed Christopher Pincher to the position as Housing Minister. Pincher is currently the MP for Tamworth, but is familiar with ministerial roles having worked as the Minister of State for Europe and the Americas. Pincher has also undertaken the role of deputy chief whip before accepting the position of housing minister. […]
Estate Agents Struggle With AML Compliance
Over 66% of UK estate agents are failing to comply with HM Revenue and Custom’s (HMRC) anti-money laundering (AML) expectations or the EU’s fifth anti-money laundering directive (5AMLD). According to recent findings by conveyancing firm iamproperty, estate agents are struggling to adequately understand their obligations when it comes to cracking down on money laundering in […]
Warnings For Landlords Who May Fall Victim To Tax Overhauls
Warnings have been issued by a tax specialist to homeowners who rent out their second property. Gary Priest, a partner at MFG Solicitors, has warned that property owners must prepare ahead of a ‘game-changing’ second property tax. From April, the Government’s overhaul of the Private Residential Relief may mean that many who own more than […]
Magic Circle Law Firm Reveals High Retention In Qualifying Trainees
Freshfields Bruckhaus Deringer’s head count keeps growing as they retain nearly all of their qualifying trainees for spring 2020. Founded back in 1743, the firm has confirmed it will retain 90 per cent of its newly qualified talent by making offers to 36 out its 39 qualifiers. Legal Cheek said that “Freshfields became the first […]
Older Homeowners Require Stamp Duty Relief
In their quest to stay in their much-loved homes, 80 per cent of over 55s chose an equity release mortgage. According to new research from Standard Life and Age Partnership, this high percentage of over 55s opted for equity release so they did not have to downsize. Another reason for not downsizing was the costs […]