Policies

The area associations need to focus on now is developing their policies (on discretion and sales).  In its guidance the NHF has provided a list of policy areas to consider and issues to take into account when drafting policies.

As solicitors to the VRTB Pilot we are in a good position to help; policies need to take into account potential complaints and challenges so need to be carefully drafted.

It is for each association to consider their own policy.  The NHF list is not exhaustive, for example, the Demolition Notice procedure does not apply to the VRTB so capturing properties affected by potential redevelopment proposals is important.

We can help you develop your policy through an interactive tool we have developed right through to the final policy and board reports.

Sales Process

You may be familiar with the sales process for the RTA and/or (P)RTB but the VRTB sits outside the statutory process.  The NHF has provided a note of the key sales stages but you will need to adapt your existing sales process to accommodate these, and think carefully about the form of the offer/contract.

For example, the section 125 restrictions on service charge provisions do not apply to the VRTB: what service charge information (if any) would you provide?

Further information

For more information about VRTB, please contact Jonathan Cox or  Emma Holmes

Is £400m enough?
Is £400m enough?

The government announced on 16 May that it will provide a fund of £400m to cover the costs of removal and replacement of cladding to high rise residential blocks which have failed tests.

The problems with co-owned properties and attorneys
The problems with co-owned properties and attorneys

Whilst some people are under the impression that preparing a Lasting Power of Attorney (LPA) is simply a case of completing a form and ticking a few boxes, it is about far more than this.

What's mine is (not) yours!
What's mine is (not) yours!

A big fear for some people facing divorce and the inevitable carving up of the matrimonial assets. They seek assurances that such assets will be “ring-fenced” and retained for them.

How to avoid the PET trap
How to avoid the PET trap

When an individual is thinking about making a gift to another individual, consideration needs to be given to the Potentially Exempt Transfer (PET) trap.

Fictitious divorces
Fictitious divorces

Arising from the recent Family Division announcement, people who think they are legally divorced may in fact still be married.