Blog and Comment

Blog and Comment

12 May 2015

Changes to bankruptcy threshold – what this means for you...

Peter Rolphposted byPeter Rolph Managing Partner

On 1 October 2015 the bankruptcy level will increase from £750 to £5,000. The bankruptcy level is the minimum amount that a creditor must be owed by an individual before a bankruptcy petition in relation the individual can be lodged at court. How much of a difference will this change make?... Read more

25 March 2015

Class MB Permitted Development Rights - Is it really the best thing for you?

Simone Ritchieposted bySimone Ritchie Senior Associate

One year has passed since permitted development rights were extended to allow the change of the use of a building and any land within it from agricultural use to use as a residential dwelling. Whilst in theory it was supposed to encourage the utilisation of unused agricultural buildings in rural areas, there remain many restrictions in place which have hindered the full exploitation of this permitted right.... Read more

25 February 2015

Shared ownership and repairing obligations

Simone Ritchieposted bySimone Ritchie Senior Associate

Whilst traditionally, most shared ownership leasehold properties were dealt with by Registered Providers of Social Housing (“Registered Providers”), now, private developers are also able to grant shared ownership leases. As a result, an increasing number of shared ownership flats are being located in developments where the private sector freeholder owns the building rather than the Registered Providers. The knock on effect of this however is confusion over the responsibility for repairing obligations.... Read more