Services
People
News and Events
Other
Blogs
Karen Piontek
 

Developers: Changes to the Leasehold Market are Imminent. What Do You Need To Think About?

  • Posted

In 2017, the Government consulted on the operation of the leasehold system in the UK. Reforms are now imminent. Developers should be aware that this issue is on Parliament’s action list: new legislation to ban leaseholds is coming “as soon as...

Landlords - are you prepared for the new EPC regime?

  • Posted

The rules on Energy Performance Certificates (EPC) are about to change. Landlords only have until April 2018 to prepare for a tightening of the rules. Failure to do so could mean they will not be able to rent out their properties. What is an EPC?...

International Women's Day - doing something positive to promote equality in the workplace

  • Posted

It’s 100 years since some women first got the vote and 48 years since the Equal Pay Act came into force. Nevertheless, many women in the workplace are still discriminated against in the workplace. It’s estimated that it will be a long time...

A New Land Transaction Tax For Wales (Instead Of Stamp Duty Land Tax)

  • Posted

A new Land Transaction Tax (LTT) will replace Stamp Duty Land Tax (SDLT) in Wales from 1 April 2018. The changes will make the rate of tax on Welsh properties cheaper at the lower end of the market, but more expensive at the higher end. The changes are set...

New Countryside Small Grants Scheme for Agricultural Equipment

  • Posted

The Government has set aside £60 million of grants for small businesses in the farming industry to help them improve productivity. The grants scheme enables farmers to bid for cash to help them buy new farm equipment. Farming Minister George...

What does the freezing of indexation mean for buy-to-let investors?

  • Posted

The Autumn Budget delivered at the end of November included changes to how gains are calculated, including the freezing of ‘indexation’ from January 2018. Indexation is a tax relief which means that gains are currently reduced based on the...

Tips on Selling or Buying Commercial Property by Auction

  • Posted

Those involved in the property industry know its cyclical nature only too well - and those with an interest in making a property investment are right to keep a keen eye on the real estate market. One thing we've noticed...

Government Consultation to Stop Leaseholds Being a Property Trap

  • Posted

There was a furore over the summer about developers making unfair charges on leasehold properties. The government is currently consulting on how to stop these practices. With the consultation due to end on 19 September, you only have days to give your views....

Further expansion of our property team

  • Posted

The property market in the North is, largely, holding its own and enjoying a brighter outlook than most other regions in the UK - despite the impending Brexit and economic uncertainty. This has been reflected in our results this year: Pearson's property...

Shortlisted for Conveyancing in National Award

  • Posted

Local law firm Pearson Solicitors and Financial Advisers have been shortlisted for the "Best Small Conveyancing Firm" of the year in the LFS Conveyancing Awards announced this week. The conveyancing team, which deals with hundreds of property...

Zip wire success to raise funds for Oldham Mayor's fund

  • Posted

Those of you who follow us on Twitter or read this blog will know that five of the Pearson team (Ian Wolstenhulme, Rosie Aldcroft, Marie Pauley and Jade Hegarty), set out to raise £1,000 by doing the Snowdon Zip Wire at Zip World in Bethesda on 14...

London database to name and shame criminal landlords

  • Posted

The Mayor of London, Sadiq Khan, has announced a new partnership with London councils in an attempt to crackdown on rogue landlords and letting agents in London. Together with local boroughs, the Mayor intends to create a new online database on which...

Commercial Space on Offer in Oldham

  • Posted

Our commercial team recently dealt with a property transaction for Linda Lewis Kitchens and helped then expand their offering by moving into amazing new premises. There is however some spare capacity at the units at Belgrave Industrial Estate, Honeywell...

Do your homework before signing up to a commercial lease

  • Posted

Finding the perfect premises for your business, is both exciting and a relief. Your business plans are starting to take shape and whether you are expanding or reducing your overheads, it is good to know that your business will soon be trading from a better...

Landlords - don't withhold a deposit without good reason

  • Posted

Be specific about why you are withholding a deposit from a departing tenant. When a tenant departs and leaves their accommodation in a mess, landlords are entitled to retain an appropriate part – or all – of the tenant's deposit to cover the...

Can you help us raise £1000 in 3 weeks for Action Oldham?

  • Posted

In a moment of Twitter madness, I agreed to join Ian Wolstenhulme, Rosie Aldcroft and Jade Hegarty on the zipwire at Zip World on 14 May. And not just any zipwire – it’s only the fastest and second longest! I have to admit my heart sank a little...

Buy-to-let is still appealing

  • Posted

... but don't forget the tax relief changes Judging by the popularity of our "buy-to-let" seminar for potential buy-to-let landlords in March, it is clear that landlords around Oldham and North Manchester still have a healthy interest in...

Tax relief changes for buy-to-let landlords

  • Posted

From 6 April 2017, the government will start to restrict basic rate, income tax relief for landlords' finance costs on residential properties. Latest research by YouGov*, after surveying 925 mortgaged buy-to-let landlords in December and January,...

What is an EPC? (a must read for landlords!)

  • Posted

And why landlords should check their properties’ energy ratings as soon as possible ... Stricter rules about Energy Performance Certificates (EPC) are coming into force in April 2018: landlords should prepare accordingly or risk being banned from...

Do your homework before buying a property (Caveat Emptor!)

  • Posted

Beware the pitfalls if you are buying a property... and do your homework! This article is for those considering purchasing or leasing commercial property. Whether you are purchasing a property or entering a lease, it is essential to investigate your...

The Autumn Statement, November 2016 (commercial property perspective)

  • Posted

On 23 November, Philip Hammond, the Chancellor of the Exchequer, gave his first Autumn Statement . It will also be his last: he announced that next year, the budget will take place in Autumn with only a statement issued in Spring. So what did he...

Commercial property update: fracking, flooding and interest rates

  • Posted

There’s mixed news for the property market in our latest round-up of recent property news Interest rates proving to be good news for property purchasers despite the Brexit effect While the low value of the...

Christmas Cheer as Conveyancers boost Property and Charity

  • Posted

Forward thinking solicitors Pearson are having a ‘Black Friday’ deal to help Action Together and spread a little Christmas cheer. As a one off special to all conveyancing clients instructing the firm this Friday Pearson...

HS2 route announced

  • Posted

The proposed High Speed rail link (HS2) has hit the headlines again after the government announced its preferred route on 15 November and started consulting on some of its plans. Yesterday's announcement relates to Phase 2b which...

INSIGHT: Being savvy when buying a commercial property

  • Posted

Are you thinking of buying a property to house your business? Read our checklist below to find out how to take a savvy approach to searching for and buying the best premises for your business needs. What...

INSIGHT: Commercial Property Market Performing Well In North West

  • Posted

A recent survey of commercial property has indicated a rise in activity in the first half of 2016 in comparison to last year, and whilst the North West did not perform well at the start of the year in Q2 it has outperformed other areas, making it the third...

Stabilised interest rates good news for the housing market

  • Posted

Effect of a Brexit on the housing market Following the vote to leave the EU, there has been a pervasive air of “doom and gloom” in the news and talk about the housing market slowing down. There is no doubt that economic...

Growing concern about privatising the Land Registry

  • Posted

The Land Registry is a long established institution whose function is to register the ownership of land and property in England and Wales. The register plays a valuable role in preventing fraudulent property transactions. Those who have bought or sold a...

Beware bogus emails claiming to be from your solicitor

  • Posted

About to complete on a house purchase? Beware bogus emails claiming to be from your solicitor. There has been another incident of a house buyer being tricked out of her purchase money by a fraudster pretending to be her conveyancer. In a case we heard...

INSIGHT: Making sure everything's "quite right" on a property transaction

  • Posted

As lawyers and conveyancers, we must ensure that all our “ducks are in a row” before we complete property transactions for our clients. We aim to ensure buyers know what they’re buying and the seller gets their purchase money. We also...

Insurance cover relief for owners of flood risk properties

  • Posted

Flood Re – a new flood insurance scheme for private homeowners A new government scheme has been set up to provide affordable flood insurance to private homeowners with homes built before January 2009. The scheme, called Flood Re, launched this...

INSIGHT: Snapshot of budget changes for property developers and landlords

  • Posted

Following the latest budget, we have set out a few of the key points for property developers. • There will be a cut to mortgage tax relief. The relief which landlords and property developers can claim on mortgage interest will be at the basic...

Safeguarding your money from fraudsters during conveyancing

  • Posted

An increasing number of people are being defrauded on the internet. Those involved in buying and selling houses are as much at risk of falling victim to this so-called “cybercrime” as anyone else. In fact, it appears that property...

INSIGHT: The imminent stamp duty changes are causing concern

  • Posted

We have highlighted the Chancellor’s imminent changes to stamp duty a few times in the last few months (see the links below). To recap, an extra 3% of stamp duty land tax (SDLT) will be payable on investment properties and second homes over...

INSIGHT: Developers: about to start a new project?

  • Posted

How much do you know about the Wildlife and Countryside Act 1981 (the Act)? You might well ask: “what’s that got to do with me?” but if you are a developer intending to start work on an overgrown site, you need to pause for a minute and...

Investing in buy to let or a second home? Remember there are stamp duty changes ahead

  • Posted

Back in Autumn 2015, the Chancellor, George Osborne announced significant changes to Stamp Duty Land Tax (SDLT) that will come into force on 1 April 2016. The announcement that there would be no SDLT on the first £125,000 of a house’s value was...

INSIGHT: More Houses Less Landlords Who Knows What The Future Will Bring

  • Posted

New Recruits at Pearson Solicitors to tackle Housing Market Buoyancy At Start of 2016 The first week of 2016 has been a busy one for estate agents and for our conveyancing team at Pearson Solicitors as we look forward to another buoyant year amid changes...

INSIGHT: Private sector landlords must now install smoke and carbon monoxide alarms

  • Posted

Landlords in the private rented sector should note that regulations have recently been introduced requiring them to provide smoke and carbon monoxide alarms. The Smoke and Carbon Monoxide Alarm (England) Regulations (SI 2015/1693) 2015 came into force on 1...

Office to resi development rights to become permanent

  • Posted

New measures announced recently by the Government will make it easier to convert underused offices into new homes. Brandon Lewis MP explained that the measures ‘ will mean we can tap into the potential of underused buildings to...

INSIGHT: Beware of Bogus Solicitor Emails

  • Posted

Businesses and individuals are being warned to be extra vigilant of bogus emails from fraudsters posing as solicitors. Karen Piontek, associate lawyer in our commercial property team, offers some practical simple steps to take. According...

INSIGHT: Commercial Property Market Gathers Pace

  • Posted

Karen Piontek, associate lawyer in the property team, shares her views following recent news that the number of UK commercial property transactions has reached its highest level since the credit crunch. It is encouraging to hear that the...

INSIGHT: Rowham Set For Steely Future After Property Purchase

  • Posted

A Manchester-based steel supplier has secured its long-term future after purchasing a property at Trafford Park, thanks to the help of Pearson Solicitors. Established in 1979, Rowham Steel Products Ltd supplies mild steel, galvanised...

Simplifying SIPP Commercial Property Purchases

  • Posted

With the promise of compelling yields, in some cases exceeding 10 per cent, investing in commercial property via a Self Invested Personal Pension (SIPP) is proving popular for small business owners as a tax efficient way to hold or purchase commercial...