SBP Law partners with renowned London Property Firm
SBP Law Property department grows in reputation and increases market presence with recent high profile partnership. https://alexandergreengroup.com/buying-better-together
The Bank of England announces interest rate rise
The Bank of England has announced a rise in interest rates, increasing from 0.25% to 0.5%. For householders on variable rate mortgages, this means higher interest payments. The Bank estimates that almost four million householders in the UK will be affected by the higher rates. The majority of new mortgages [...]
The Bank of Mum & Dad
The “Bank of Mum and Dad” has been equivalent to being the 10th biggest mortgage lender in the UK for the past two years. A report by insurer Legal and General has found that parents loaned an estimated £5bn in 2016, and this is expected to rise to £6.5bn this [...]
Minimum Energy Efficiency
Following the passing of the Energy Act 2011, the government has introduced The Energy Efficiency (Private Rented Property) (England and Wales) Regulations 2015 (the Regulations) setting minimum energy efficiency standards (MEES) for domestic and commercial rented property. A higher rating indicates greater energy efficiency. The average energy rating for a [...]
The ‘Right to Rent’ Scheme
Since 1 February 2016, all private landlords in England are obliged to review the immigration status of an incoming tenant or occupier prior to renting out their property, thereby establishing the tenant’s legal right to be in the UK and therefore their right to rent. This rule does not yet [...]