News

Changes to house buying costs – stamp duty increases from April 2016

Autumn 2015 saw George Osborne make further changes to stamp duty land tax (SDLT), which is payable on the purchase of property in England and Wales. From 1 April 2016, higher rates of stamp duty will be charged on second homes, including buy-to-let properties. The additional tax raised will be used fund affordable housing initiatives,… Read more »

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Court warns against leaving things to the last minute

Parties were warned of the risk of leaving things until the last minute when the court dismissed an appeal against an order refusing extension of time for service of the claim form and particulars of claim. The Claimant in Price v Egbert H Taylor & Company Ltd had previously obtained two extensions of time for… Read more »

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WARNING: No apportionment of rent

Court of Appeal overturns controversial High Court decision and provides clarity for landlords and tenants The Supreme Court ruled earlier this month in Marks and Spencer plc v BNP Paribas Securities Trust Company (Jersey) Limited and another that there was no implied term that the landlord must recompense a proportionate amount of rent paid in… Read more »

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Affordable Housing: Event for Estate Agents

Late last month Charles French & Co, in conjunction with the Council, gave a presentation on the resale of affordable homes. Holly King from the firm’s New Build Department, based in St Austell, and Claire Gummow, based at Mevagissey were among those presenting.  The presentation was well received and dealt with various aspects of the… Read more »

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Buyers Beware – are you insuring from exchange of contracts?

If a house a purchased with the aid of a mortgage, the buyer’s conveyancer will act for both the buyer and the lender. The conveyancer will use the Council of Mortgage Lenders Handbook (the Handbook) to determine the requirements of each individual lender. The Handbook’s guidance on buildings insurance was amended on 30 November 2015…. Read more »

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The new Consumer Rights Legislation: don’t get left on the shelf!

In what is thought to embody the most significant overhaul of consumer law for decades, the Consumer Rights Act (CRA) was brought into force on 1 October 2015. The Act, which has been warmly received by many consumer rights groups, is intended to make it easier for people to understand and make use of their… Read more »

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Legal Update: Working Alarms Save Lives

The Smoke and Carbon Monoxide Alarm (England) Regulations 2015 came into force on 1 October 2015. They require landlords of private residential properties in England to have at least one smoke alarm installed on every storey of their properties, and a carbon monoxide alarm in any room containing a solid fuel burning appliance. The House… Read more »

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Charity Skydive

Jodie Vercoe, an apprentice in our accounts department, has raised an incredible £500.00 for Little Harbour in St Austell. Little Harbour is run by Children’s Hospice South West, and is conveniently situated for families who live in Cornwall and offers a place where each family member can find time and space to feel normal and do the… Read more »

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Plymouth Housing Event

Holly King Head of our New Build Department and Claire Gummow Head of our Affordable Re-Sales Department attended the Plymouth Housing Event promoting Affordable Housing Options in Plymouth. Charles French & Co were one of three firms in the South West invited to attend the event and the only firm in Cornwall invited. This was… Read more »

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Deregulation Act 2015 – A rule change affecting all landlords who hold tenancy deposits!

If you have failed to protect your tenant’s deposit you can be prevented from recovering possession. The Deregulation Act 2015 came into force on 26 March 2015 and makes important changes to the Housing Act 2004.  Importantly for landlords, it makes changes to the Tenancy Deposit Scheme and clarifies recent case law. Tenancies Arising Before… Read more »

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