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Posts Tagged: Residential

Residential Property Leaflet: Volume 2

Posted by on April 24th 2015 in Blog Posts, Litigation

New Legislation concerning Tenancy Deposits in 2015:

Whether received before or after April 2007 ALL tenancy deposits must be secured and they must be done so before 23rd June 2015.

The creation of deposit schemes following the Housing Act 2004, made Landlords believe that a deposit need not be protected if received before 6th April 2007 when the Act came into force, unless a new tenancy agreement was granted.

Charalambous –v- Ng (2014);

This case shaped the way for security of tenancy deposits.

In this case the Landlord failed to protect the deposit, which was received in 2002, before the Act came into...

Residential Property Leaflet: Volume 1

Posted by on April 22nd 2015 in Blog Posts, Litigation

Two cases of interest from 2013, still having an impact in 2015:

Section 21 Notices;

Taylor –v- Spencer (2013) 

This case provides important clarification on the dates specified within a Section 21 Notice.

The Landlord entered two dates for the expiry of the notice which conflicted with each other and relied upon the words “at the end of your period of tenancy which will end after the expiration of two months from the service upon you of this notice”.

The Court of Appeal held that despite this the three conditions of Section 21 were satisfied; the fixed term had come to an end,...

Help to Buy ISA, will it work?

Posted by on March 23rd 2015 in Blog Posts

Announced in the 2015 Budget a saving scheme to help first time buyers get on the property ladder. Will it work?

On the face of it, it looks a good scheme. A savings account specific to providing a deposit for property purchase with a cash bonus of between £400 and £3,000, dependent upon the amount saved. Savings can commence at the age of 16 which, if maintained until the “post-university/got a job now” years could provide sufficient funds for a modest first home deposit.

However, with a maximum monthly investment of £200, even with the government bonus, this is at least an...