
This ebriefing considers the Government’s proposals for challenges, as set out in Chapter 7 of the Green Paper entitled 'Fast and fair challenges'.
Following the changes to the right to buy (and applicable to the preserved right to buy) on 21 July 2014), the following increase to the maximum discount has taken place:
Change | When in force? | Comment |
Cash discount increasing to £77,900 outside of London and within London to £103,900 |
6 April 2015 |
Increase to take place on 6th April each year in accordance with CPI |
Unlike the discount increase last July, this will not affect ongoing applications. The new maximum discount will only be available to those tenants who submit their application on or after 6 April 2015.
The Deregulation Bill has now become law meaning that from 26 May 2015, tenants will have a right to buy/preserved right to buy/right to acquire after 3 years rather than the current 5 years.
This change in rules does not change the discount structure. Tenants who have for a right to buy/preserved right to buy and have a qualifying period of between 3 and 5 years will be entitled to the standard discount amount (35% for houses and 50% for flats) whereas tenants with over 5 years qualifying period will be entitled to an increased discount in the usual way.
Tenants who have the right to acquire and have a qualifying period of between 3 and 5 years will receive the set discount for the area in which the property is located.
For further information please contact Emma Holmes on emma.holmes@anthonycollins.com or 0121 214 3704
This ebriefing considers the Government’s proposals for challenges, as set out in Chapter 7 of the Green Paper entitled 'Fast and fair challenges'.
The Law Commission published its report on Technical Issues in Charity Law in September 2017 following a public consultation.
Changing charitable purposes and amending governing documents.
One of the stated aims of the Green Paper is “to deliver the best commercial outcomes with the least burden on the public sector".
The proposals concerning dynamic purchasing systems (DPS) and framework agreements are the most disappointing aspect of the Green Paper.
Family team partner, Elizabeth Wyatt, is delighted to congratulate Kadie Bennett for attaining Resolution Specialist Accreditation in both children law - private and complex financial remedy matters.
On 11 February 2021, the Pension Schemes Act 2021 was given royal assent, setting out a framework for several major changes that will certainly be of interest to employers and pension funds alike.
Matthew Wort, partner, speaks on today’s Supreme Court judgment for sleep-in shifts.
To receive invitations to our events, as well as information and articles on legal issues and sector developments that are of interest to you, please sign up to Newsroom.