Developer sues homebuyer for failing to complete. A property developer has won a landmark case giving him the right to claim the full sale price of a flat from a buyer who could not raise the funds to complete his purchase due to the credit crunch
Author: Mark Alexander
27th October 2010, 16 years ago | 0
Reply to comment left by Ryan Stevens at 12/08/2026 - 15:15
Reply to the comment left by Ryan Stevens at 12/08/2026 - 15:15Ryan, I agree with the principle behind your warning. Lendy is a useful reminder that the words “asset backed”, the existence of a personal guarantee and a double-digit coupon...
Read More →Reply to comment left by [email protected] at 10/08/2026 - 12:23
That’s an almost impossible question to answer without going through the consultation process fully. Minimum £10,000. When you have the proper numbers we can also help you calculate Return on Investment and whether incorporation is right for you. A lot...
Read More →5th August 2026, 1 week ago
He got the last point wrong too!
Read More →5th August 2026, 1 week ago
I have listed the substantive articles first and excluded routine social-media reposts that merely link back to the same coverage. 1. FT Adviser Property 118 and Cotswold Barristers win HMRC appeal in ‘major win for landlords’ Published 4 August 2026....
Read More →Reply to comment left by Paul Rush at 05/08/2026 - 11:52
Reply to the comment left by Paul Rush at 05/08/2026 - 11:52Paul, with respect, that is not what the judgment says. This was not a win on a technical detail. Following a ten-day hearing, the Tribunal considered each of the...
Read More →5th August 2026, 1 week ago
HMRC loses Upper Tribunal appeal over the meaning of ‘business’ https://www.property118.com/hmrc-loses-upper-tribunal-appeal-over-the-meaning-of-business/
Read More →4th August 2026, 1 week ago
A wonderful parable based on this article: https://www.taxjournal.com/articles/funding-the-business-
Read More →4th August 2026, 1 week ago
A wonderful parable based on this article: https://www.taxjournal.com/articles/funding-the-business-
Read More →4th August 2026, 1 week ago
A wonderful parable based on this article: https://www.taxjournal.com/articles/funding-the-business-
Read More →4th August 2026, 1 week ago
A wonderful parable based on this article: https://www.taxjournal.com/articles/funding-the-business-
Read More →4th August 2026, 1 week ago
A wonderful parable based on this article: https://www.taxjournal.com/articles/funding-the-business-
Read More →28th July 2026, 3 weeks ago
HMRC has responded as follows: Dear Mr Alexander, Thank you for your email and open letters. I acknowledge receipt of your correspondence and have shared it with the relevant HMRC colleagues. HMRC does not generally provide individual responses to feedback...
Read More →28th July 2026, 3 weeks ago
HMRC has responded as follows: Dear Mr Alexander, Thank you for your email and open letters. I acknowledge receipt of your correspondence and have shared it with the relevant HMRC colleagues. HMRC does not generally provide individual responses to feedback...
Read More →24th July 2026, 3 weeks ago
She obviously hasn't read my latest article: https://www.property118.com/prime-minister-burnham-and-the-manchester-housing-crisis/
Read More →Reply to comment left by Stephanie Gay at 22/07/2026 - 21:04
The earliest I could find was from 2017 https://web.archive.org/web/20170501080657/https://www.gov.uk/hmrc-internal-manuals/business-income-manual/bim45700
Read More →Reply to comment left by Stephanie Gay at 22/07/2026 - 21:04
Here’s a Wayback Time Machine link to what it said in Feb 2026 https://web.archive.org/web/20260210154433/https://www.gov.uk/hmrc-internal-manuals/business-income-manual/bim45700 And another from September 2023 https://web.archive.org/web/20230924132622/https://www.gov.uk/hmrc-internal-manuals/business-income-manual/bim45700
Read More →Reply to comment left by [email protected] at 19/07/2026 - 18:21
Reply to the comment left by Denise G at 19/07/2026 - 18:21I’ve emailed you and a superb accountant to introduce you to each other.
Read More →18th July 2026, 4 weeks ago
Hi Denise Is there any reason that you and Dale haven’t registered your rental property business as a partnership? If you had done so you would be exempt from MTD. It’s not too late. You operate the business together for...
Read More →2nd July 2026, 1 month ago
Thanks everyone for taking the time to comment. It’s been a genuinely interesting discussion and there are some excellent points being made. I just wanted to clarify one aspect of the article. My references to institutional fixed-income investments were included...
Read More →Reply to comment left by Phil rosenberg at 28/06/2026 - 13:51
Reply to the comment left by Phil rosenberg at 28/06/2026 - 13:51Thanks Phil. I think we’re actually talking about two different investment metrics rather than disagreeing. The article deliberately focuses on cashflow return on equity, not total investment return. I...
Read More →Showing 20 of 12,248 comments