Collas Crill
Jersey Property News March 2012
News // March 2012

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 markets.

We cover a number of topics that crossed our desks or otherwise came to prominence during the first quarter of this year, including the soon to be implemented changes to the Jersey Housing Laws and what they will mean to local residents.

We also discuss what it will mean to landlords when, this summer, commercial leases potentially become liable to GST, and we explore the current state of private lending as the property finance market weathers the recession.

We hope that you will find this issue useful and look forward to having you with us throughout 2012. If there are any particular 'hot topics' that you would like us to cover in future editions please don't hesitate to contact us.

Finally, if you have not reserved your space(s) yet for our popular Spring Seminar Series throughout April and May please click here for more information.

Please do forward this newsletter to colleagues and let us know if someone else in your organisation would like to receive it straight to their mailbox by emailing jane.darvell@collascrill.com

 

 

 
A year in UK property and how it has affected local investors

Friday 30 March

2011 was mixed year for the UK property market. While prices for prime residential property in select postcodes in central London boomed, average prices across the country as a whole flat-lined. With the first quarter of 2012 almost complete, property investors are being offered fresh opportunities. In this article UK Property expert Michael Morris explores investor opportunities in the UK property market.

 
 
Housing law changes – what do they mean to you?

Friday 30 March

The new Control of Housing and Work (Jersey) Law 201- looks set to come into effect by the end of this summer. In this article, Paul Harben explains the way the new law will work in practice.

 
 
Jersey sees dramatic increase in private lending as property finance market weathers recession

Friday 30 March

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.

 
 
End of GST grandfathering provisions

Friday 30 March

From 16 August 2012 all rental payable under commercial leases will potentially become liable to GST. In this article, Paul Harben explains the implications this will have on landlords.

 
 
Challenging times on the high street - Channel Islands commercial property in 2012

Friday 30 March

Jersey Spring Seminar: Thursday 26 April 2012

Queen of Shops, Mary Portas conducted an independent review at the request of the Prime Minister, saying: "Unless urgent action is taken much of Britain will lose, irretrievably, something that is fundamental to our society, and which has real social and economic worth to our communities."

The reasons for the decline are numerous, but the economic downturn has no doubt exacerbated issues and Jersey's high streets are not immune.

In this seminar we will review and discuss the state of commercial property in the Channel Islands, focusing on the current market for both office and retail sectors, suggesting ways to rejuvenate our high streets and options for landlords and tenants. For more information and to reserve your space, please click here.

 
 
Residential Tenancy (Jersey) Law 2011

Friday 30 March

The Residential Tenancy Law is to clarify the respective rights and responsibilities of the landlord and tenant and give protection to the third of Islanders who live in rented accommodation. In this article, Sharon Therin outlines what the forthcoming changes will mean to landlords and tenants.

 

 
 
Key Contacts
 
Paul Harben
Jersey
Paul Harben
Partner
Contact Paul on
+44 (0)1534 601727
or via email
Martin Le Boutillier
Jersey
Martin Le Boutillier
Partner
Contact Martin on
+44 (0)1534 601727
or via email
 
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