The High Court has considered the circumstances in which possession proceedings commenced by a lender will be considered collateral to its powers, and whether the bank could exercise its right to recover the costs of the possession proceedings from the defendant. Paul Sagar, solicitor at Hamlins, explains what we can take away from this case.
The Court of Appeal considered whether purchasers of VAT-opted freehold property were contractually liable to pay VAT on the purchase price. Ben Roberts, senior tax associate at RPC, explains how the decision is a reminder to consider VAT in sale negotiations and ensure clarity of VAT wording in contracts.
If you missed the LegalEx Conference on 15-16 May 2014, we share the latest update on the Law Society's Conveyancing Portal.
Correction to 'Broken promises' article, Property in Practice December 2012
As of 2011, Section membership is exempt from VAT
8th September 2010 saw the publication of the Property Section's new practical guide to AML and mortgage fraud. Members will have received copies with the September edition of Property in Practice; non-members can buy copies online