The long awaited Control of Housing and Work (Jersey) Law 2012 (the “new law”) is due to come into force on 1 July 2013. It is hoped that the new legislation will be easier to interpret whilst making it more effective. So, what does it all mean for us? Sharon Therin explains.

The days of Guernsey law firms having to charge a minimum fee based on a prescribed tariff are over. Firms are now charging at a level set not by professional rules, but by market forces. In this article, Senior Associate Paul Nettleship discusses the implications of this change.

Guernsey and Jersey are fleet-footed and professional in the way they respond to international initiatives, to ensure their jurisdictions remain attractive and at the forefront of developments in international finance.

What are Manorial Rights The main manorial rights include sporting rights (hunting, shooting, fishing), rights to mines and minerals, and the right to hold fairs and markets. They may also include the obligation to construct maintain and repair dykes, ditches, canals and other works, but there is no precise definition of “manorial rights”.

What is a Chancel? The Chancel is the bit of the church near to the alter, which houses the clergy and the choir. When Henry VIII disbanded the monasteries and sold off their land, the liability to repair the chancel remained with that land and passed to the purchasers of that land. As land was sold off in parts, each part became equally responsible for the cost of repairs, which means that the Church only needs to find one owner and whack them with the bill.

The Derbyshire Telegraph has recently reported that one of the oldest buildings in Derby failed to sell at a recent auction. “Jacobean House”, a 17th century commercial building failed to meet its reserve, with bids petering out at £310,000. Perhaps one of the reasons that it failed to sell, is that it is allegedly tenanted by as many as 14 ghosts, who are said to haunt the former town house.

Open Market properties are freely available for purchase or rent and occupation by anyone with the right of abode in the UK or other EU member state and are generally lived in by those who are unable to obtain a Housing Licence to live in a local market property. In this factsheet we explain how it all works.

Imminent UK tax changes will affect offshore companies holding high value residential property. If your client structure holds high value UK residential property through an offshore company these new UK rules are relevant to you. This checklist is specifically designed for structures in which the UK property is held in a company with an overlying trust. If the structure differs from that model then other relevant considerations will apply.

Imminent UK tax changes will affect offshore companies holding high value residential property. If your client structure holds high value UK residential property through an offshore company these new UK rules are relevant to you. This checklist is specifically designed for structures in which the UK property is held in a company with an overlying trust. If the structure differs from that model then other relevant considerations will apply.

Property expert Sharon Therin gives her top tips to first time buyers wanting to get on the property ladder.

We attach an explanatory note following the publication of the UK consultation on the taxation of residential property.   While the proposed changes for the most part remain subject to consultation, it is highly likely that the pr...

Following the measures announced in the 2012 budget, The UK Government has now published further details of their proposals for the taxation of residential property transactions. With the publication of the Consultation Paper we now know that the proposed capital gains and annual tax will apply only to residential properties worth more than £2 million. These changes will come into effect in April 2013. This article explains more and suggests your next steps.

You’ve found a property to rent and you are one step closer to becoming a tenant. Here, Collas Crill property expert Michael Morris provides advice on how to secure the right property, deal with tenancy agreements and inventories and understand your rights and duties as a tenant, whether you’re looking at a studio, a flat or a house.

Welcome to the first newsletter from Collas Crill's Property team. In this launch edition, our experts highlight the many opportunities that 2012 has to offer, following a year of tough economic times for both the UK and Jersey property ma...

The property finance market has changed significantly since the downturn of the property market. In this article, Martin Le Boutillier briefly considers the current state of the market.