The Leasehold and Freehold Reform Act, which received Royal Assent in May 2024, aims to improve the rights and protections of leaseholders in the UK. Aims of the Act Ban the grant of long residential leases of houses unless permitted. …
Abolition of Multiple Dwellings Relief
What is Multiple Dwellings Relief? Multiple dwellings relief (MDR) was a tax relief introduced by HMRC. This relief reduced the amount of Stamp Duty Land Tax (SDLT) that was paid on the purchase of a property. It is applied when …
Bank of England cuts interest rates: what does this mean for house prices?
LONDON — The Bank of England delivered its first cut in interest rates in more than four years on Thursday. The key rate now stands at 5%. Policymakers ultimately voted 5-4 in favour of the reduction, with Governor Andrew Bailey …
Marylebone Property Deal Sheet
Marylebone Property Bond Adams Deal Sheet 2 Bedroom Apartment Aybrook Street Marylebone Central London – £5,000,000 Bond Adams secures the purchase for its investor client in the exclusive Marylebone district of London in 21 days. Our legal teams worked around …
Refinancing a student accommodation development
DEAL SHEET – £2,000,000 – Bond Adams handles refinancing of a student accommodation development funded by Nester. Our client is the owner of a 50 block of luxurious student accommodation in Birmingham, situated in prime locations. Our property and corporate …
Registered Office Copies Explained
It’s good to go back to basics to understand why registered office copies are so important. Here at Bond Adams Solicitors, we work on your transactions with care. The best way for us to do this is to write a …
Registration of New Builds
Each time a new housing estate gets built, a lot of work is done both inside and outside of HM Land Registry (HMLR) to make sure the land registration process goes smoothly. To begin with, the developers of a new …
Transfer of property to a Limited Company
Transferring your property to a limited company can help you to reduce your annual tax bill as the corporation tax is only 19% and there is no national insurance payment. However, this may not be the case for most landlords …
Investing in student accommodation
With a consistent tenant base and stable cashflows, student accommodation is an attractive investment for real estate investors. Our experts in the Bond Adams commercial property team discuss the pros and cons of these operational real estate investments. Advantages of …
Deferred Consideration: Bond Adams completes complex share purchase with a loan back of commercial property
Discovering deferred consideration. Bond Adams has secured the purchase of an old public house. It is to be renovated for a place of worship. The team has arranged for a share purchase and loan back for a client. The facts …