Category: News

The Budget – 8th July 2015 An additional nil-rate band was applied yesterday as a result of the emergency Budget. It applies when a property is bequeathed to a beneficiary following the owner’s death. This nil-rate band will be £100,000.00 in 2017 to 2018, £125,000.00 in 2018 to 2019, £150,000.00 in 2019 to 2020, and… Continue reading The new Inheritance Tax band

Disadvantaged Area Relief   (DAR) which reduces the amount of Stamp Duty Land Tax (SDLT) payable in areas designated by the government as ‘disadvantaged’ is is being abolished for transactions completed on or after 6 April 2013. All claims to relief for purchases of residential property where the effective date is before 6 April 2013 must be made on… Continue reading Stamp duty land tax – Disadvantaged Area Relief ends 6 April 2013

The 2013 Budget included a number of plans that will impact on the property market, a few of these are: Help to buy initiative & the Battersea Power Station The Chancellor made an early nod to the regeneration of Battersea Power Station, a project that will bring a huge number of new homes to the… Continue reading Initiatives for the residential property market – Budget 2013

The government is to limit unfair dismissal awards to a year’s salary, employment relations minister Jo Swinson has said. She said the government had decided not to abolish the overall cap of £72,300. Swinson said the government would not set guideline awards for settlement agreements (formerly referred to as compromise agreements) but had asked Acas… Continue reading Unfair dismissal awards to be limited to a year’s salary…

    We are delighted to announce to our clients and business partners that Ola Leslie has been awarded accreditation under the Law Society’s Conveyancing Quality Scheme. The Conveyancing Quality Scheme is a quality standard set up by the Law Society to establish a high level of credibility with clients, lenders, regulators and insurers. A… Continue reading Ola Leslie Solicitors London Bridge Achieve Conveyancing Quality Scheme Accreditation

The temporary exemption which meant that first-time buyers were free from the 1% stamp duty on homes costing under£250,000 is due to end on 24th March 2012. The reason given by the  Government for the removal of the exemption which was first granted in March 2010, is that is has been ineffective in increasing the… Continue reading SDLT Relief for First Time Buyers to end March 2012

  From 19th December 2011, the UK Government has introduced appeal fee charges for some asylum and immigration appeals. People who want to appeal against a decision notice dated 19 December 2011 or later will need to pay a fee. The fees are now set at £80 for a paper consideration and £140 for an… Continue reading Fees and other changes introduced for Immigration Appeals