Svetlova LLP


Number of homes sold in UK is to reduce by 60%

March 26th, 2020

According to UK property website Zoopla, the number of residential properties sold in the UK is expected to reduce by 60% in the next three months. In the week before 22 March, before the nationwide lockdown, there was 40% less housing enquiries and 15% less sales. Nationwide lockdown resulting from coronavirus outbreak, the government’s request…

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UK Police Registration – Temporary Closure Of Overseas Visitor Records Office (OVRO)

March 24th, 2020

Most of the non-EU nationals are required to register with the police after arriving in the UK with a visa, or after being granted permission to extend their leave in the UK. Usually, if you are required to register with the police, you must do so within 7 days of: arriving in the UK if…

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Legal Obligations Between Landlord and Tenants during the COVID-19 Outbreak

March 18th, 2020

As a result of the disruption to daily lives caused by the COVID-19 outbreak most business owners have faced a lot of issues. Losses are mounting due to the major impact of the disruption, and many businesses have called on their landlords for help in reducing the impact of the coronavirus. This article considers some…

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The UK base rate cut to record low due to coronavirus outbreak

March 11th, 2020

On 10 March 2020, during a special meeting of the Bank of England’s Monetary Policy Committee (MPC), the Bank of England had voted to reduce the Bank Rate by 50 basis points down from 0.75% to 0.25% – this is the steepest rate cut since the financial crisis in 2008 – to counter the “economic…

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