Course description
This webinar is designed for conveyancers who act on behalf of purchasers of holiday homes which are acquired as an intended second home, for holiday lettings, or both.
Presented by Stephen Desmond, the webinar will provide an essential update on the key pitfalls associated with buying such properties.
A major focus will be on the extent of the conveyancer’s retainer with the client, especially in matters pertaining to housing law, landlord and tenant law or taxation issues.
Upcoming start dates
Outcome / Qualification etc.
Training Course Content
Introduction
This webinar is designed for conveyancers who act on behalf of purchasers of holiday homes which are acquired as an intended second home, for holiday lettings, or both.
It will provide an essential update on the key pitfalls associated with buying such properties.
A major focus will be on the extent of the conveyancer’s retainer with the client, especially in matters pertaining to housing law, landlord and tenant law or taxation issues.
What You Will Learn
This webinar will cover the following:
- How far do you advise the buyer about:
- Whether a holiday let is an assured tenancy
- Taxation traps for your clients, such as SDLT (including the 15% rate), CGT, council tax and income tax
- Health and safety requirements
- The growing complexity of planning laws and licensing schemes pertaining to holiday lets, in both England and Wales
- Covenants that prevent Airbnb-style short term ‘lets’ and the ‘enforcement’ risks inherent in most flat leases
- Holiday let mortgage or holiday home mortgage?
- Key differences between holiday home purchases and buy to let purchases
- The Arnold v Britton service charge trap
Expenses
MBL Seminars Limited
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