Can I get some Peppercorn with that Lease?
Many of you may not be aware that the Leasehold Reform (Ground Rent) Bill comes into force on 30 June 2022. What does this mean for leaseholders? This Bill will apply to all new leases (with a term of more than 21 years) and granted for a premium of a single dwelling (a flat or […]
An increase in violent crimes gives rise to a further “section 60” order being put in place over Milton Keynes
You may have read that MKFM’s recent article of Sunday 8 May 2022 which explained that, due to the significant rise of violent crimes in Milton Keynes and more particularly the two violent incidents that took place on 4 May 2022, Thames Valley Police placed a “section 60 order” over parts of the Borough. So, […]
IMPORTANT UPDATE to the Trust Registration Service (TRS) – action needed by Trustees to avoid a penalty
As part of the UK’s implementation of the Fifth Money Laundering Directive (5MLD), HM Revenue & Customs (HMRC) has extended the requirement for trust registration to non-taxable UK trusts and some non-UK trusts. You should now register all UK trusts and some non-UK trusts on HMRC’s Trust Registration Service (TRS), unless the trust is specifically […]