PROBATE FEES TO REMAIN UNCHANGED

21st April 2017 By

Good news from the forthcoming election.  It has been decided that the proposed revision to Probate Fees will not take place due to lack of parliamentary time.

Current probate fees of £215, or £155 for those applying through a solicitor, look likely to remain unchanged for the time being.

 

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GENERAL ELECTION CALLED FOR 8 JUNE

19th April 2017 By

General Election called for 8 June. Perhaps time to find out who the candidates will be in your area and challenge them on their (and their party’s) views on the PRS. Perhaps a change in the tax, recognition that it is time to tidy up the volumes of legislation affecting the PRS and they need to recognise that landlords are needed and valued (the good ones anyway).

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BPF Election Manifesto

13th March 2015 By

The British Property Federation have published their election manifesto.

Key recommendations in the manifesto include:

  • Commit to a fundamental review of business rates, introducing a fixed-multiplier, more frequent revaluations, and greater empty property rates relief;
  • Reform the Community Infrastructure Levy (CIL) by allowing local authorities and developers to agree bespoke contributions, ensuring the contributions are spent on the infrastructure that they need, and making the regulations more flexible;
  • Give local authorities freedom to make greater use of Tax Increment Finance (TIF);
  • Integrate housing, health and social care budgets to tackle the crisis in healthcare infrastructure;
  • Reform council tax and add higher bands, rather than introducing a mansion tax;
  • Ensure that regulating lending to real estate businesses does not choke off development finance.
  • It also outlines further policy changes that will let industry deliver on the ground:
  • Create a stable, streamlined and well-resourced planning system by allowing the NPPF to bed in and strengthening the Duty to Cooperate;
  • Support a professional residential rented sector by encouraging councils to embrace the potential of build-to-rent and not taking an overly prescriptive approach to rents or leases that could deter investors;
  • Recognise large mixed-use developments as nationally significant infrastructure;
  • Give local leaders greater powers to engage in public-private partnerships and appraise and develop government initiatives such as City Deals and Local Enterprise Partnerships in line with local needs;
  • Help communities piece together fragmented high streets and explore how initiatives such as Business Improvement Districts Business and Neighbourhood Forums could attract greater investment;
  • Make energy efficiency retrofit a key part of the UK’s National Infrastructure Plan and set out a coherent policy framework for improved energy efficiency standards.

 

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