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Inside Residential

Issue 2: February 2023

Inside Residential

Editor's Note

Dee Aylward - Mishcon de Reya

Welcome to our second edition of Inside Residential, our round-up of the latest developments in the Prime and Super Prime Residential market and key topics affecting our clients selling or buying properties.

Read the full note

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New Build vs Second-hand purchases

New build properties are attractive purchases for overseas buyers. Key drawcards include modern design specifications, facilities, energy efficiency and minimal maintenance required due to the benefit of a new build warranty.

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Multiple dwellings relief and "stranger danger"

Since 2011, multiple dwellings relief (MDR) has been available to potentially reduce Stamp Duty Land Tax (SDLT) charges where a buyer purchases at least two residential properties (or purchases a dwelling that is linked to another property purchase).

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Rural estates – projections, trends and challenges for 2023

Despite a turbulent few years, the rural sector remains attractive for many investors. Land has always fared well in difficult economic circumstances and there are some clear trends and challenges we expect to see in the coming year.

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The cost of building safety

The Building Safety Act 2022 was introduced in the wake of the Grenfell tragedy, imposing new obligations on Landlords to keep buildings safe.

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