Do payment processors wield too much power?

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Email (House) Chain

By Imogen Jones In a recent case (Neocleous v Rees [2019] EWHC 2462 (Ch)), the Court held that a binding contract for the disposition of land could be formed by a string of emails signed with a solicitor’s email signature. A contract for the sale of land must include: offer, acceptance, consideration and intention to […]

Why apathy isn’t good enough when it comes to Wills

By Aidan Grant This research chimes with Collyer Bristow’s own findings announced in our Age of Apathy report. Many parents operate under the belief that a Will is not necessary. This may be due to a perception that they do not have substantial assets, or that a Will would only codify what would happen anyway in […]

Addressing the broken business rates system

CEOs of more than 50 high street retailers have today written to the Chancellor calling for reform on the ‘broken business rates system’.  Business rates have, they say, increased by over 50% since the 1990s and are in part responsible for the collapse of some high street brands. Collyer Bristow, whose clients include many retailers […]

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Are non-doms really leaving the UK?

By Aidan Grant  The new figures released by HMRC are not surprising given the tax legislation that has been introduced steadily over the last 10 or so years, which has been designed to attack the tax regime available to non-domiciliaries resident in the UK. That said, the “non-dom” regime is still a very effective planning […]

Should inheritance tax be simplified?

By Aidan Grant The Office of Tax Simplification (OTS) has published a number of recommendations for how inheritance tax (IHT) could be amended and simplified. While these amendments do not go so far as to shake the foundations of the tax itself, nevertheless the proposals would require all practitioners to come to terms with the […]

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Countdown to Brexit series what should you be doing now?

By Shakeel Dad, Charlotte Smith Careful workforce planning is key to ensuring that your business has the necessary resource to keep delivering through this period of uncertainty. We look at some of the employment issues to bear in mind when assessing your next steps. Need more staff? Given the uncertainty of the status of EEA […]

Further important developments to when receivers can take possession of a property

By Karl Anders, Zoe McLean-Wells, Owen Ormond We reported in our April edition of Receivership Matters that a County Court had held that a Fixed Charge Receiver could bring proceedings in the name of the borrowers against the borrowers to recover possession of their own property. Again as reported, leave to appeal the decision was granted and the appeal […]

VAT guidance for LPA receivers

By Owen Ormond In August 2018 we published an article entitled LPA Receivers and the truth about VAT which explained the legal position in relation to Receivers and the collection and payment of VAT. Recently, the Association of Property and Fixed Charge Receivers (NARA) has produced an updated Guidance Note 6 Value Added Tax which sets out current industry […]

A right old mess! Practical problems arising from ‘Right to Manage’ legislation

By Karl Anders Why is this case of interest? In the recent case of FirstPort Property Services v Settlers Court RTM Company Limited [1], the Upper Tribunal considered some significant issues which can arise on multi-block estates as a result of ‘Right to Manage’ (RTM) legislation. The Commonhold and Leasehold Reform Act 2002 allows qualifying long leaseholders […]

RICS market survey shows that positivity has leaked out of the housing market

By Zoe McLean-Wells, Karl Anders The August 2019 RICS Residential Market Survey results point to a renewed deterioration in sales expectations over the near term, with survey respondents predicting a further decline in activity over the three months to come. Brexit uncertainty is unsurprisingly a significant factor causing the hesitation for both buyers and sellers. The […]

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