Q – I am a residential landlord looking to move into commercial property due to tougher tax regimes being implemented. What legal issues should I be aware of when moving from residential to commercial property?

A – Tax relief on buy-to-let mortgage interest payments for residential property has been significantly reduced, resulting in all buy-to-let residential properties (and second homes) now incurring an extra 3% stamp duty. Residential property investors are therefore left wondering whether they…

Think Airbnb? Think Again!

You are a tenant or a landlord and you come across Airbnb. What a great idea, you think. You can make more money out of subletting or renting out your property on this website than you are paying in rent…

Commercial Property Pitfalls – and how to avoid them

Unless you have been living under a rock you will be aware that the Government announced that tax relief on buy-to-let mortgage interest payments for residential property would be slashed (phased in from April 2017) and that buy-to-let residential properties…

Construction Law Update: NEC3 Compensation Events

Court decisions regarding contracts from the NEC suite are rare. This article by our expert Construction, Engineering & Projects solicitors covers a recent court decision which involved the assessment of compensation events under the NEC3 Professional Services Contract. Read the…

By Slater Heelis

Commercial Property team continues to expand

CAMILLA THORNBERRY, joins Slater Heelis as an Associate Solicitor from international law firm Trowers & Hamlins. She will work as part of the Commercial Property team, primarily focusing on residential development, and will be based in the firm’s Manchester city…

By Slater Heelis