Category Archives: Uncategorized

What working method is to be obtained for getting accurate results in Conveyancing?

Following the closing date for comments on the document in April, it became clear that of the seven hundred who responded (including our own substantial submission on behalf of our 17,700 members) few (if any!) supported the introduction of a DPS. As a result, the FSA began to have a re-think. By the time of its AGM in July, FSA Chairman, Sir Howard Davies, said that a number of alternatives designed to achieve a similar objective to the DPS, had been put to them and that they were “… looking positively at those suggestions”. Conveyancing Solicitors The FSA’s movement on this issue clearly demonstrates that when the industry argues its case well, collective pressure can be very effective, particularly if it is backed up with a wellresearched, alternative proposition.

AIFA’s proposal for what we call the ‘menu option’ is one of the alternatives to the DPS, which the FSA is seriously considering. This would, in effect, be a menu of charges comprising of a single sheet of paper and containing an indication of the costs of an IFA’s services. It would also include information on the ranges of commission available in the market on various classes of product.

Not only would this meet the objective of giving consumers information about the cost of advice, but it would avoid the unnecessary prescription inherent in the DPS. It would make no judgement on whether fees or commission should be the preferred route for meeting those costs. A consumer would also be empowered by the menu if there were any concerns about potential product bias in a recommendation (whether justified or not, we know from research that some consumers do worry about this).

AIFA and IFA Promotion spent the summer months working together to work up the practicalities of the menu. We also included an analysis of some of the things that the FSA wanted us to address such as equivalence across all sectors. If the FSA decide that the menu option is the right approach, then AIFA would hope that an equivalent method of disclosure would be required for all types of advisers, not just those who are independent.

Tax Depreciation Schedule – different patterns of value loss

The shop which totals 96 sq m (1,033 sq ft) on ground floor with ancillary storage of 70.6 sq m (760 sq ft) is let to NEXT on a 20 year lease from September 1986 at £41,750 per annum representing approximately £80 Zone. A hilip lngman, Ceiexa REIM Managing Director says Despite being a small property this investment when combined with SPP’s existing and adjoining investment creates the added value that we are consistently seeking to achieve for the portfolio.

Two-thirds of which was leased back to them for 1 term of 25 years. The deal was also significant in that the property was offered for sale with the benefit of Enterprise Zone Allowances (allowing the potential for substantial LEA savings for the purchaser) Wimbledon. The first unit on the site formerly owned by Greycoat Yates Brothers Wine Lodges Plc has taken the first 10,000 sq ft (929 sq m) unit arranged equally over ground and first floors on a 25-year FRI lease.

One of the units is close to exchange with a further three offers currently under consideration Zone A rents for the remaining units are in excess of £110 per sq ft (£1180 per sq m) Strutt & Parker and Blair Kirkman are joint letting agents on the scheme. Unique sorts of your property like business, rental and private properties are obligation deductible. Report of evaluation is orchestrated by experienced tax depreciation surveyor. He is a qualified sum surveyor. Donaldsons acted for Yates Brothers Wine Lodges Plc Shepherd Developments has acquired the former Council Depot, Lower Mortlake Road Practical completion is scheduled for early in the year 2000 Strutt & Parker acted for Shepherd Developments, while Mason Philips and Michael Rogers acted for Newland in the acquisition of the site.

Atlas is one of few available opportunities in a market which continues to lack the supply of good quality buildings but continues to see good levels of demand and take-up. Young’s are trading from 181 outlets in London and the Home Counties and are actively seeking more new outlets to extend their operation. Strutt & Parker acted for Young & Co. Hillier Parker acted for the landlord, Leyborne Properties Ltd.