Stamp Duty Tax increase in the past 25 years

The latest property market analysis that has been conducted by Benham and Reeves, a London estate agent, has revealed that that the average SDLT bill for the average homebuyer across the United Kingdom over the last 25 years has increased by 490%.

The increase is mainly due to the property boom and with the stamp duty holiday having ended on 30 September 2021, the cost of stamp duty has now never been higher. Further the legislation surrounding SDLT over the last few years has meant that the it has never been more complicated to calculate the rate of tax. For example, the introduction of surcharges for non-residents, first time buyer discounts and second-home buyer surcharge.

If you have any questions, please do not hesitate to contact James Cohen directly on [email protected] or 0207 822 2257.

© 2021 GSC Solicitors LLP. All rights reserved.  GSC grants permission for the browsing of this material and for the printing of one copy per person for personal reference. GSC’s written permission must be obtained for any other use of this material. This publication has been prepared only as a guide to provide readers with general information on recent legal developments. It is not formal legal advice and should not be relied on for any purpose. You should not act or refrain from acting based on the information contained in this document without obtaining specific formal advice from suitably qualified advisors.

https://bit.ly/3naao8W

GSC Solicitors LLP’s higher rankings in the Legal 500 2022

We are proud to announce another year of continuous achievement in the Legal 500 United Kingdom 2022 rankings. A total of 10 lawyers are mentioned by name in Legal 500 UK commentary for their standout contribution to respective practices. Consistent with last year, our work has been praised by a large number of clients, current and new ones, domestic and international. Furthermore, this is another year when in the newly announced rankings, we have received, yet again, higher positions.

In particular, we were pleased to see the increase in the tables for our already highly ranked Commercial Property team that has ‘unrivalled technical knowledge with innovative thinking and superb commercial awareness’. Noted for its strong client following of blue-chip companies and high-net-worth individuals, the firm is ‘notably active in the hospitality, leisure, retail, media, healthcare and fast-food industries’. One of the names to note is practice head Harvey Posener, who is described by clients as ‘the best property lawyer in London bar none’ and ‘an exceptional lawyer, a very talented operator who is both pragmatic and intelligent;. He advises large corporate occupiers on leasing or acquiring significant headquarters buildings across the UK. Peter Belcher is also singled out as an ‘extremely experienced property lawyer who understands the complexities of purchasing a hotel’. Carole Joseph who works alongside Peter Belcher, has also been noted as ‘calm under pressure’ ‘who manages (client’s) impatience with the other parties to get the deal through.’ In general, the team is acknowledged for its ‘first-class service’ that provides ‘unrivalled property advice, far surpassing magic circle firms while retaining the benefits of a smaller practice’ while combining ‘unrivalled technical knowledge with innovative thinking and superb commercial awareness.’

We are also proud of our Private Client team that was distinguished for their ‘exceptional talent and putting the client first’ when dealing with the full array of private client matters ranging from international ultra-high-net-worth clients through to significant owner of blue-chip companies. Saleem Sheikh heads the ‘client orientated‘ team that ‘differentiates from other firms through its level of service and dedication’ that deals with a diverse range of matters such as succession planning for children coming into the business. Saleem is endorsed for his many outstanding attributes, including his ability to ‘build long-term relationships’, ‘always providing a solution’ and his ‘experience and international contacts to rival anything seen in the field’. Amanda Chapman has been noted for ‘a rare combination of’ ‘technical flair, charming personality and philanthropic passion’ as well as for her ‘specialist knowledge’ and being ‘very responsive and creative’. She was also singled out for her ‘excellent Middle eastern client base and contacts’. James Cohen is endorsed as an ‘excellent communicator’ and ‘extremely efficient’. Clients praised James as ‘a stand out individual’ who is ‘always available, friendly and efficient’. The team was also praised for its ‘focus not on the problems but structure solutions’, ‘synergy and personalised service’ and for its ‘substantial linguistic capabilities’.

Headed by Michael Shapiro, a ‘hard-working’ and ‘committed to his clients’ litigator with over 30 years of experience in dispute resolution, the ‘dedicated and strategic’ Commercial Litigation department regularly acts for clients in complex litigation matters, including cases in the Commercial Court and Privy Council. Clients recognise Michael’s ‘frank appraisals of their dispute’s risk profile’ and for his knowledge of ‘how to package a case to ensure it is favourably received in court’.  Senior Consultant Barry Samuels is continuously recommended as ‘highly experienced and active in complex commercial disputes since the 1980s’ and ‘an outstanding lawyers, who is wholly dedicated to doing his best’. GSC’s Litigation Rising Star Sana Sheikh is also mentioned in the guide.

Recommended purely on its merit, our Real Estate Finance team acts for domestic and international high-net-worth individuals and clients in the retail, hospitality and care home sectors. Peter Belcher leads the team, with skills in handling acquisition and development finance mandates, while Matthew Phillips  is adept at matters involving commercial property. ‘Competent and very easy to talk to’, the team introduced a new offering – a wide range of Islamic finance products that the firm is now able to advise clients on.

IP, Media & Entertainment that is particularly active in advising copyright collecting societies including the Phonographic Performance Limited (PPL), Video Performance Limited (VPL) and the Performing Right Society (PRS), is also recommended for its music industry expertise. Justin Goldspink who leads the team handles a wide range of IP matters relating to music, copyright and branding, and he is also a key contact for PPL. He co-heads the practice with Clive Halperin, who ‘offers great insight’ and has a particular interest in technology and artificial intelligence. He was described by his clients as ‘without doubt one of the best lawyers’ in the past 20 plus years’ with ‘knowledge in his field second to none’ who ‘is always available and provides concise yet detailed responses to questions and problems’.  Ross Waldram is another name to note.

Finally, we are particularly pleased with one more area that has been included in this year’s edition, our Corporate Commercial department with its M&A work. Fielding a diverse team with distinctive international capabilities, our corporate practice is noted for its ‘ever-growing focus on property technology and healthcare sector transactions, often with a cross-border element’.

Commenting on the 2022 rankings, Senior Partner Saleem Sheikh said: “The Legal 500 is a leading independent guide into the best law firms in the UK. In its 35th year, it is widely acknowledged as the world’s largest legal referral guide. We are delighted that GSC is consistently recognised for our key specialisms including commercial litigation, real estate, personal tax, trusts and probate, Media & Entertainment and now our Corporate practice. It is especially rewarding to see the genuine and exceptional testimonials given to us by our clients. With the strong client base that comes from the five continents globally, solid and longstanding client relationship remains our most valuable asset. We value that feedback especially because of the current climate in relation to COVID-19 and Brexit, the time when found it particularly important to focus on providing the sturdy guiding hand to businesses and individuals, and being there for them as their strong support system.’

© 2021 GSC Solicitors LLP. All rights reserved. GSC grants permission for the browsing of this material and for the printing of one copy per person for personal reference. GSC’s written permission must be obtained for any other use of this material. This publication has been prepared only as a guide to provide readers with general information on recent legal developments. It is not formal legal advice and should not be relied on for any purpose. You should not act or refrain from acting based on the information contained in this document without obtaining specific formal advice from suitably qualified advisors.

 

 

UK Home Office turns down Nawaz Sharif’s stay extension request

LONDON: Former Prime Minister Nawaz Sharif’s visa to the United Kingdom remains valid but his application for extension in stay has been turned down by the Home Office with the right to appeal against the Home Office decision.

Hussain Nawaz Sharif confirmed here that Nawaz Sharif’s extension in stay application has been rejected but an appeal has already been lodged at the Immigration Tribunal.

GSC’s Head of Corporate & Private Immigration Hateem Ali was asked by geo.tv to comment on the situation:

Hateem Ali, a leading UK immigration solicitor from GSC Solicitors LLP said: “if the previous visit visa extensions were on the basis of medical grounds (which seems to be the case here) then typically you can keep extending for a total of 18 months. In this particular case it would appear that the Home Office were no longer willing to keep extending on that basis. 

He added: “If the latest application for an extension has been refused with a full right to appeal the entire appeal process can potentially take anything between 9 months to over 20 months to be decided by the Immigration tribunal in the UK. This period does not even take into account any potential subsequent judicial review once all appeal rights have been exhausted.

“So although Mr. Nawaz Sharif has been refused it is not necessarily the end of the process.”

Sources: https://www.geo.tv/latest/363722-home-office-turns-downs-nawaz-sharifs-stay-extension-request-but-visa-valid 

© 2021 GSC Solicitors LLP. All rights reserved. GSC grants permission for the browsing of this material and for the printing of one copy per person for personal reference. GSC’s written permission must be obtained for any other use of this material. This publication has been prepared only as a guide to provide readers with general information on recent legal developments. It is not formal legal advice and should not be relied on for any purpose. You should not act or refrain from acting based on the information contained in this document without obtaining specific formal advice from suitably qualified advisors.

 

New Building Safety Bill

Government introduces controversial Building Safety Bill today in Parliament

The legislation, which has to be approved by MPs, will bring in far-reaching changes to the way residential towers are built and managed.

The government is introducing Building Safety Bill in Parliament today that will usher in far-reaching reforms for the way residential towers are built and managed.

The Ministry of Housing, Communities & Local Government has now published the new Building Safety Bill which reforms building safety regulation.

This is a new regime for building safety regulation and with the aim of giving greater powers to residents in high rise residential buildings to bring claims for defective workmanship.

A new Building Safety Regulator will have responsibility for overseeing the new regime.

If you have been affected by the new change in law, or would like to find out more, please do not hesitate to contact Carole Joseph directly on: [email protected] or 0207 822 2222.

Source: https://thenegotiator.co.uk/government-introduces-controversial-building-safety-bill-today-in-parliament/ 

© 2021 GSC Solicitors LLP. All rights reserved. GSC grants permission for the browsing of this material and for the printing of one copy per person for personal reference. GSC’s written permission must be obtained for any other use of this material. This publication has been prepared only as a guide to provide readers with general information on recent legal developments. It is not formal legal advice and should not be relied on for any purpose. You should not act or refrain from acting based on the information contained in this document without obtaining specific formal advice from suitably qualified advisors.

 

Michael Shapiro features in The Guardian

Residential and commercial evictions – where are we now? That’s the question asked by The Guardian readers and answered by Michael Shapiro, who heads GSC’s Litigation & Dispute Resolution.

On 31 May 2021 the restrictions on evicting residential tenants came to an end. ‘Eviction dates are now being listed and we can expect a spate of people being evicted from their homes and pressure being put on the local authorities to rehouse them’, says Michael.

‘The restrictions on possession and forfeiture of commercial leases for non-payment of rent, and seizing a tenants goods during the Covid 19 period was due to expire on 30 June 2021 but this has now been extended until 25 March 2022. This will give tenants more time to resolve their arrears with their landlords, if they can.’

‘Commercial landlords and tenants ought to work together to avoid properties becoming empty. Landlords clearly want to have tenants in occupation paying the ongoing rent and remaining liable for all outgoings, and tenants want to stay in business and earn an income.’

The article can be accessed here

If you have been affected by the new change in law, please do not hesitate to contact Michael Shapiro directly on: [email protected] or 0207 822 2246.

© 2021 GSC Solicitors LLP. All rights reserved. GSC grants permission for the browsing of this material and for the printing of one copy per person for personal reference. GSC’s written permission must be obtained for any other use of this material. This publication has been prepared only as a guide to provide readers with general information on recent legal developments. It is not formal legal advice and should not be relied on for any purpose. You should not act or refrain from acting based on the information contained in this document without obtaining specific formal advice from suitably qualified advisors.

 

 

 

Furlough ending on 30th September: Keeping good lines of communication

There will be a ‘bloodbath of redundancies when furlough support starts to reduce’
UK chancellor Rishi Sunak will not extend the furlough scheme which could lead to a “bloodbath of redundancies” and with the benefits that are on offer pre-Covid many people are reluctant to go back to work.

Currently, the furlough scheme is due to end on 30 September, by which time, according to the government roadmap, all social distancing restrictions will be lifted. So, it will be a return to a time of “pre-covid normality”. Although it won’t be as the world has changed since March 2020.

Looking forward, for both employers and employees, the key concepts to bear in mind are planning and good communication.

If you are an employer and you have staff on furlough, start considering now what you think your workforce will look like in the autumn. If it is going to be smaller as a result of redundancies,  bear in mind that the redundancy process takes time and can be complicated (you should not undertake a redundancy process before getting proper legal advice).

If you are an employee on furlough and you think that you might be made redundant when furlough ends, there is no harm in seeing what else is out there.

Keeping good lines of communication open is important so as to reduce misunderstandings and allow parties to better plan for the future.

If you have any employment law queries, please do not hesitate to contact David Nathan at [email protected] or on 020 7822 2247.

https://bit.ly/2TxIecS

© 2021 GSC Solicitors LLP. All rights reserved. GSC grants permission for the browsing of this material and for the printing of one copy per person for personal reference. GSC’s written permission must be obtained for any other use of this material. This publication has been prepared only as a guide to provide readers with general information on recent legal developments. It is not formal legal advice and should not be relied on for any purpose. You should not act or refrain from acting based on the information contained in this document without obtaining specific formal advice from suitably qualified advisors.

 

Execution of a warrant of possession coming on 6th July

Today Richard Curtin who heads GSC’s Insolvency & Restructuring department, received notification from the court of the execution of a warrant of possession on 6 July.

This shows that the Courts are now enforcing warrants of possession for residential premises and sooner than many would have expected.

As to commercial premises, the moratorium on forfeiture & winding up petitions is due to end at the end of this month.

If not extended by the Government then Richard expects to see plenty of activity on the part of landlords, solicitors, insolvency practitioners and the Courts.

If you have any questions or concerns about your business, contact Richard Curtin directly on [email protected] or 020 7822 2222.

© 2021 GSC Solicitors LLP. All rights reserved. GSC grants permission for the browsing of this material and for the printing of one copy per person for personal reference. GSC’s written permission must be obtained for any other use of this material. This publication has been prepared only as a guide to provide readers with general information on recent legal developments. It is not formal legal advice and should not be relied on for any purpose. You should not act or refrain from acting based on the information contained in this document without obtaining specific formal advice from suitably qualified advisors.

 

Eviction ban lifted – what does it mean for you

warrant 6th july

But a landlord said she had struggled to pay her mortgage while her tenant was not paying rent. The government said it was balancing the needs of landlords to use the courts with support for tenants by continuing to require extended notice periods.

During the pandemic, bailiffs were asked not to carry out evictions if anyone living in the property had Covid-19 symptoms or was self-isolating. Eviction notice periods were extended to six months as an emergency measure during the pandemic – but will drop to four months from 1 June. Before the pandemic, notice periods were usually two months in England.

‘The main reaction is that the gloves are off but expect delays, because there will be a severe backlog’, says Head of Litigation & Dispute Resolution, Michael Shapiro.

He continues, ‘Landlords should be cautious when deciding to evict tenants because they may find it difficult to re-let rather than accept the loss of the arrears, or come into arrangement with the tenant for the arrears to be paid over time, whilst allowing the tenant to remain in the property and paying their ongoing rent in full.’

If you have been affected by the new change in law, please do not hesitate to contact Michael Shapiro directly on: [email protected] or 0207 822 2246.

© 2021 GSC Solicitors LLP. All rights reserved. GSC grants permission for the browsing of this material and for the printing of one copy per person for personal reference. GSC’s written permission must be obtained for any other use of this material. This publication has been prepared only as a guide to provide readers with general information on recent legal developments. It is not formal legal advice and should not be relied on for any purpose. You should not act or refrain from acting based on the information contained in this document without obtaining specific formal advice from suitably qualified advisors.

Source: https://www.bbc.co.uk/news/education-57262181 

Can an employer require staff to be vaccinated against COVID-19?

With restrictions easing in the UK, employers are facing one more question: can they make vaccination at work compulsory for their staff? Is there a law requiring vaccination? Why mandatory vaccination can become problematic?

Head of Employment team at GSC Solicitors LLP, David Nathan talks your through these questions and explains what can an employer do.

If you have any employment law queries, please do not hesitate to contact David Nathan at [email protected] or on 020 7822 2247.

© 2021 GSC Solicitors LLP. All rights reserved. GSC grants permission for the browsing of this material and for the printing of one copy per person for personal reference. GSC’s written permission must be obtained for any other use of this material. This publication has been prepared only as a guide to provide readers with general information on recent legal developments. It is not formal legal advice and should not be relied on for any purpose. You should not act or refrain from acting based on the information contained in this document without obtaining specific formal advice from suitably qualified advisors.