Surrender of a tenancy right in an old building in exchange for an apartment on ownership basis would amount to transfer of a capital asset, attracting tax liabilityat the rate of 20 per cent on the full value of the ownership flat
Shop Direct team manager Laura Fielding, 31, has lived in a shared ownership flat
in the block for the past two-and-a-half years.
WE have been living in a shared ownership flat
for nine years.
Citizens have been provided 34,000 units, 12,000 land plots and up to 65,000 loans, in addition to 5,000 temporary flats and 3,500 ownership flats
Dacorum Borough Council (hereinafter referred to as the Council) is seeking to procure the construction of 75 No flats, comprising 41 No rented flats and 34 No shared ownership flats
, together with a new managed business suite, comprising a mixture of individual offices and shared meeting rooms.
The two shared ownership flats
have excellent views over the open piazza area, the one slightly larger unit with balcony priced at pounds 58,000 for a half share.