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‘Unfair!’ shouted the leaseholders; ‘unclear!’ shouted the professional advisors when the additional 3% rate of SDLT was introduced and applied to certain lease extension transactions. Following the Government’s introduction of the higher rate of SDLT, an additional 3% SDLT surcharge applied to lease extensions at a property which was not your only property when the agreed premium was £40,000 or more.  Now, the Government has announced in the Autumn 2017 Budget that, from 22 November 2017, it will grant r

In the Tribunal, experts need to know what a successful outcome looks like. If you consult a life coach, or listen to a motivational speaker, it will be more than likely that within their repertoire of “take away” one liners, the mantra of “you need to know what success looks like” will be high up on their list of ways to achieve your goals, ambitions and even perhaps even enlightenment. As expert advisors, that mantra should be our driving force. If followed, not only is it of great reputational value, i

Almost 3 years ago Adiuvo were fortunate to have an application for a part time customer service position. The applicant, Manas was in Ireland studying for his Masters and had experience if not in actual property management, then in running outbound call centres in India where he is originally from. Over the first year Manas continued part time, working the 20 hours his visa allowed and began to learn about the UK property market and emergency maintenance associated with same whilst he taught us as much o

Hyperoptic, the UK’s largest residential gigabit broadband provider, today announces that it is now working with 100 UK developers. The list includes Barratt London, Berkeley Homes, Crest Nicholson, Great Portland Estates and Stanhope. Hyperoptic works with developers to install its fibre infrastructure into existing developments across their portfolio. It has also become standard addition to the initial specifications for new developments, as it offers ‘day one’ connectivity as standard for new developme

Our first hand experience leads us to believe that there is no need to worry.  Let me first start by saying that I was unconvinced, perhaps even sceptical, of any suggestion that Electric Vehicles could meet the needs of our business. My job as Finance Director is to find the most cost effective and efficient ways to deliver our services. Whilst I do not have much control over the prices charged by suppliers and manufacturers I do however have control over running costs that have a direct impact on a comp

You may believe that being a building surveyor is a boring and uneventful occupation but this can often be far from the truth. There are occasions that make you want to laugh, cry and definitely cringe with sheer embarrassment and sometime horror. I have listed just a few funny and sometimes bizarre incidents that have happened to me while on Building Surveys. 1. Crawling through a dark loft space and coming face to face with the doll from Chucky, it gave me nightmares for a week. 2. Looking out of a chil

Evicting a tenant is often a difficult and drawn out process for residential landlords. Of course, landlords must comply with requisite notice periods and issue proceedings (mostly in the County Court) with a view to obtaining a warrant of possession of the rental property; a process which often takes several months in itself. Even after the warrant has been obtained, however, a residential landlord will often wait many weeks, if not months, for an appointment from a County Court Bailiff to attempt evicti

A recent “State of the Property Management Nation” survey revealed that the sector has enjoyed rapid growth over recent years. The demand for capable candidates, experienced in block management, is far out-stripping supply. It does, of course, take many years of dealing with every aspect of the job from issuing section 20’s and representing at the FTT, to briefing contractors and scrutinising tender documents, before a candidate truly becomes an industry professional. So the high-level candidate, with t

Are you the ‘Responsible Person’, accountable for maintaining effective fire protection systems in a residential block? If so, do you know the life expectancy of your fire detection and alarm (FD&A) system(s) and who can provide you with the information? The expectation is that the equipment manufacturer will be the best source of information on the expected lifetime for a particular product.  Manufacturers are also likely to have an obsolescence policy regarding spares and may offer support for maintenan

QUESTION We will be grateful if you could help us to deal with the insurance problem with our landlord. We are a block of 183 flats. Recently we heard from our landlord that the lease states that the landlord is responsible for insuring the building with the insurance company and the broker of their choice. We have now come to learn that at least the broker share the same building as the landlord and we think that the landlord owns the broker firm anyway. Coming to the point, the premium offered to us, t

Nuno Mendez of the Chiltern Firehouse, spoke at the Financial Times conference earlier this year on how a destination restaurant can have a positive effect on a neighborhood. Property developers are now focusing their efforts on finding the next celebrity chefs to open restaurants in their developments. East London is now one of the most exciting areas in Europe for food, culture and fun. This is all good news and could be a recipe for success for developers but mixing commercial, retail and residential n

When to extend your Lease? If your lease is approaching 80 years remaining or less; and/or You are considering selling the property in the near future; and/or You want to maximise the value of the Property The best time to extend your lease is before the remaining years reach 80 years or less. Once the remaining lease term is below 80 years, the Landlord is entitled to claim 'marriage value' which will increase the premium you will pay. The more years left on your lease, the lower the premium will be