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- Issue 54: Spring 2024
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Commercial agents can help tenants avoid missed tax returns
Revenue Scotland has refreshed its guidance on how Land and Buildings Transaction Tax (LBTT) applies to leases. The update does not introduce new tax rules but provides a useful reminder that further returns may be required when a lease is reviewed, varied, assigned or ended. By treating LBTT as an ongoing responsibility, rather than a one-off task at the start of a lease, property professionals can support compliance by building tax prompts into their lease processes.
Tribunal route changes for some older lease disputes
Commercial property agents handling telecommunications sites in England and Wales should note a change to where disputes under the Landlord and Tenant Act 1954 are decided. From 30 July 2026, certain disputes fall within the jurisdiction of the First-tier Tribunal and Upper Tribunal, rather than the courts.
Revised MEES plan drops 2027 EPC deadline for large commercial rentals
From 2031, privately rented non-domestic buildings over 1,000 sqm in England and Wales will be expected to meet EPC B, where it is cost-effective. Buildings below 1,000 sqm are expected to remain as the current minimum EPC E. The Department for Energy Security and Net Zero (DENZ) has stated the changes will only take effect after Parliament has passed secondary legislation.
Propertymark members elect new leaders to represent sales and lettings agents
The next Vice-Presidents for the sales and lettings divisions, alongside a Propertymark Board member re-elected for a second term, have been appointed following the 2026 leadership elections. The results were announced at Propertymark’s AGM on Friday, 19 June 2026, where attendees also heard from the incoming divisional Presidents, Kim Lidbury MARLA and Ian Harris FNAEA MARLA.