random Flashcards

(12 cards)

1
Q

when will a holiday let be assessed for business rates

A

available for holiday letting for 140 days or more per year (in England) and actually let for at least 70 days.

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2
Q

definition of restrictive covenant

A

binding condition on land that restricts the use or development of it for the benefit of another property. It must be created by deed, usually within a transfer or conveyance, and registered against the title at the Land Registry

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3
Q

BPS rate 2025

A

Reduced by 76% up to first 30k, max payment 7.2k

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4
Q

When must you notify the environment agency re slurry stores

A

At least 14 days prior to building or substantially enlarging

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5
Q

Where to locate slurry store

A

At least 10m away from watercourse and 50m away from protected water supply

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6
Q

What is ated

A

Annual tax on enveloped dwellings - payable by companies owning resi property valued at more than 500k - charge depends on value of property. Reliefs available if used for property rental business

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7
Q

Build cost ag building

A

200 -300 sqm

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8
Q

What section of water industry act and deals with compensation

A

S 12

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9
Q

Time frame for notice under s 159 of wia

A

3 months or 42 days for altering existing pipe. None if emergency

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10
Q

Which section related to compulsory purchase in wia

A

S 155

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11
Q

How long does a necessary wayleave usually last

A

15 years

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12
Q

What section gives powers to lay pipes under wia and wra 1991

A

Wia s 159
Wra s 160

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