Trowers & Hamlins

This Practice Note, written by Jordan Ellis of Trowers & Hamlins LLP, considers the income tax treatment of the life tenant of an interest in possession (IIP) trust. It also explains the source of the beneficiary’s income, when the liability to tax arises, and steps for calculating, reporting and paying the income and income tax due on it.

This Practice Note explains the key bond issue, private placement and loan facilities deal structures used in social housing finance and includes structure diagrams.

This Practice Note looks at the planning process for offshore wind farms.

This Practice Note explains the nature of social housing entities, how they are regulated and the regulatory, corporate and charity law issues that need to be considered when social housing entities enter into finance transactions. It also looks at capacity issues that may arise under particular types of finance transactions, in particular interest rate swaps and other derivatives, on-lending and entering into guarantees or granting security.

This Practice Note explains the key issues to consider when taking or enforcing security from social housing entities that are particular to a social housing financing context.

This Practice Note summarises the key financing terms in social housing finance. It covers financial covenants and other key sector specific provisions.