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COVID-19: Commercial contracts and “force majeure”

4th August 2020 4:10 pm Comments Off on COVID-19: Commercial contracts and “force majeure”

Even as lockdown measures continue to ease across England and the rest of the UK, many businesses have found that since March they have been unable to perform contractual obligations. Lots of examples spring to mind; private nurseries that had to shut down for a period of time and re-open on a reduced capacity basis,…


Immediate Changes to Stamp Duty Land Tax

13th July 2020 3:47 pm Comments Off on Immediate Changes to Stamp Duty Land Tax

Stamp Duty Land Tax (“SDLT”) is a lump sum payment anyone buying a property or piece of land over a certain price has to pay to Her Majesty’s Revenue & Customs (“HMRC”). Chancellor Rishi Sunak today announced that, as a temporary measure, but with immediate effect, buyers won’t pay SDLT on the first £500,000 of…


Stamp Duty Land Tax- Changes 8 July 2020

8th July 2020 2:45 pm Comments Off on Stamp Duty Land Tax- Changes 8 July 2020

The Chancellor, Rishi Sunak, has today announced that the Stamp Duty Land Tax threshold for a Stamp Duty liability on a purchase of a property will increase from £125,000.00 to £500,000.00 with immediate effect.  The temporary Stamp Duty Land Tax holiday will last until 31st March 2021. At this time it is unclear as to…


COVID-19: Making Wills and Lasting Powers of Attorney in lockdown

7th July 2020 1:38 pm Comments Off on COVID-19: Making Wills and Lasting Powers of Attorney in lockdown

In these uncertain times, many of us are turning our attention to our personal affairs. One important aspect of this is taking stock of our personal circumstances and making or updating Wills. Something which might have been low on the ‘to do’ list in our ‘pre-lockdown’ lives has suddenly become extremely important, especially as family…


“Am I bound to buy/sell my property?”

29th June 2020 11:36 am Comments Off on “Am I bound to buy/sell my property?”

This is a question that I have been asked numerous times over the past few weeks.  The answer is dependent on if contracts have been Exchanged or not; if contracts have been Exchanged then generally “yes”, if they have not then generally “no”. In essence “no one is bound in a sale and/or purchase transaction…


Commercial property rent during coronavirus

18th June 2020 4:32 pm Comments Off on Commercial property rent during coronavirus

The Covid-19 pandemic has had a significant impact on businesses and, therefore, a knock-on effect on commercial landlords and tenants.  With many businesses having been unable to trade until now and some still closed indefinitely, the government has imposed restrictions on a landlord’s ability to take back its premises on the grounds of non-payment of…


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David Rice

15th June 2020 3:59 pm Comments Off on David Rice


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