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SDLT cut until 31 March 2021

Today the Chancellor announced that he will cut stamp duty land tax (SDLT) to stimulate the housing market. The threshold will increase from £125,000 to £500,000. The cut will be temporary until 31 March 2021. Details are awaited as to exactly what and who will be eligible for this rate and we will update this post when further details are available.

COVID 19 Coronavirus Job Retention Scheme (CJRS) – General update – June

The Government’s furlough scheme has provided much-needed financial support to business and the self-employed. It is estimated there are currently 8.4 million people being paid through the furlough scheme as well as a further estimated 2 million self-employed receiving assistance. When the Chancellor announced details of the Scheme on 20 March, it was initially backdated to 1 March 2020 for employees, subject to eligibility. Further guidance has also included that Office holders (including company directors), salaried members...
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Moving home – Covid-19

People can now move home. The government has issued Government advice on home moving during the coronavirus (COVID-19) outbreak, providing updated guidance for those involved in the process.

Property market re-opens today – Covid-19

From today, property viewings and moves are allowed, subject to physical distancing being observed. At the time of writing the guidance is being updated. Newspapers report that Robert Jenrick, the communities secretary, said removal companies, conveyancers and estate agents could restart their businesses with immediate effect. He said the government estimated that more than 450,000 buyers and renters had been unable to progress their plans to move since March. Mr Jenrick also said: “Our clear plan will...
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Key Worker Wills and Lasting Powers of Attorney Discount Scheme

Edward Harte Solicitors recognise the outstanding work being undertaken by our Keyworkers during the Coronavirus crisis. We would like to show our appreciation to those who are doing so much for us by offering a 10% discount on Wills and Lasting Powers of Attorney for instructions received by 1st June 2020 from anyone recognised as a Keyworker by the UK Government. Keyworkers include those employed in the following sectors: Health and social care; Education and childcare; Key public services; Local and...
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Corona Virus Act 2020 – Effects on Commercial Landlords and Tenants

Section 82 of the Corona Virus Act 2020 has placed restrictions on forfeiture for non-payment of rent in England and Wales of commercial premises from 26March to 30 June 2020.  The Government also has the ability to extend that period if they consider it appropriate to do so. This means that Landlords cannot take steps to forfeit a ‘relevant business tenancy’ on the grounds of non-payment of rent and other sums falling due under the Lease.  In...
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Corona Virus Act 2020 – Residential Landlords and Tenants

The Corona Virus Act 2020 came into effect from the 26 March 2020 and deals with new possession cases and existing ones. Firstly, notice periods have been increased to a minimum of three months for notices seeking possession or notices to quit in respect of certain residential tenancies in the private and social sector.  This applies to any notices served from the 26 March until the 30 September 2020. Where there is a prescribed form of notice,...
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