New Residential Property Developer Tax (RPDT) – technical consultation

Following a consultation held earlier this year on the proposed Residential Property Developer Tax (RPDT) (see our blog post for more on this), on 20 September 2021 the government published further technical consultation on the draft legislation, which is accompanied by an explanatory note. This technical consultation closes on 15 October 2021, after which the … Read more

Consultation on proposed Building Safety (Gateway 2) Levy

In July, we wrote about the coming into force on 1 August 2021 of Planning Gateway One, the first of three new stop/go “Gateways” within the new building safety regime. At that point we awaited details of the proposed “Gateway Two Levy”, the second of the two means by which the government is seeking contributions … Read more

Upcoming building safety deadlines – RPDT consultation and Planning Gateway One

Back in April, we wrote about a consultation on a new proposed tax on residential property developers, the Residential Property Developer Tax (RPDT). This consultation closes on 22 July 2021, so there is still time to respond. Developers of certain types of high-rise residential buildings (including educational accommodation) also need to be aware of the … Read more

Repurposing real estate assets – Five things to think about

Repurposing real estate assets, in particular retail assets, is expected to be a key trend in the coming months and years. In this article we look at five of the key tax considerations to think about when considering repurposing buildings. 1. What rate of SDLT will you pay on acquisition? If you need to acquire … Read more

Real Estate. Reconsidered

Yesterday the HSF Real Estate team launched Real Estate. Reconsidered, a collection of our thoughts on some of the key issues that are impacting the real estate sector and our opinions on what the future may hold for the real estate market and its legal landscape. To read Real Estate. Reconsidered click here. Please contact us … Read more

“Land for the Many” – potential future land reform under a Labour government

A report commissioned for the Labour Party entitled “Land for the Many” has been published, proposing radical changes to the way that land is used and controlled in the United Kingdom. It makes many recommendations which are described as “proposals to the Labour Party” to consider as part of its policy development process in advance … Read more

Real Estate Podcast EP3: Finance Bill 2018 – Impact on REITs

Following their blog post of 9 November 2018, in this podcast Herbert Smith Freehills partners Neil Warriner and Will Arrenberg and senior associate Casey Dalton discuss the recent changes affecting the UK REIT regime introduced in the Finance Bill 2018 and their potential impact of UK real estate investment structures. Read more