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Market Round-Up - Property forecast

HRC Law’s Mark Traynor on the hot trends from last month

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MARK’S MARKET MAGIC

For all providers: From 2 April, the National Living Wage and National Minimum Wage have gone up. If you forget to comply, you can be fined and named and shamed. Also, remember that statutory maternity, adoption, paternity and share parental pay have been increased too. Don’t get caught out.

Avoid: Asbestos. Remember that you have an obligation to make sure your property doesn’t contain this lethal mineral. If your setting was built before November 1999, when asbestos was formally banned, get it checked by a professional. If it is present, you need to make sure you either get it removed safely or put the appropriate plan in place to manage it.

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