Keeping It Real Estate

News and Trends in UK Real Estate, Disputes and Planning Law

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In our blog on 4 April 2018, we encouraged interested parties to input into the RICS consultation on its professional statement, Code for leasing business premises, 1st edition.  With the status of a professional statement, the new Code has sufficient weight to deliver a professional punch whereas the current regime is voluntary. Following last year’s consultation and discussions between landlords, tenants and other trade bodies, a number of changes have been made to the Code…
Landlords will have to provide a good reason to evict residential tenants from now on, the government announced on 15 April, in a proposed major reform of the private rental market. It says it will abolish so called “section 21 evictions”, which currently allow landlords to bring to an end residential tenancies without an underlying reason on 2 months’ notice once their contractual term has ended. Instead, landlords will have to rely on a…
Hogan Lovells recently represented the landlords in SHB Realisations Limited and GB Europe Management Services Limited v Cribbs Mall Nominee (1) Limited and Cribbs Mall Nominee (2) Limited, a case confirming that it is possible in certain circumstances to forfeit a long lease granted for a substantial premium. Forfeiture Leases invariably include a right for landlords to bring a lease to an end before lease expiry if a tenant is in breach (known as a…
Earlier this year, we blogged on the High Court decision of Mears Limited v Costplan Services. This case concerned whether an agreement for lease for the development of two blocks of student accommodation could be terminated by the intended tenant, Mears, because a number of rooms had been built outside the agreed size tolerances. The agreement for lease (“AFL”) stated that the landlord, Plymouth, could not vary the development so as to materially affect the…
There has recently been a great deal of public concern over the putting up of nets in trees and hedgerows on development sites. Some developers do this to prevent birds nesting in trees and hedges they plan to cut down as part of the development. Under the Wildlife and Countryside Act 1981, it is an offence for a person to intentionally take, damage or destroy the nest of any wild bird while that nest is…
More people each year are turning to specialist retirement homes. Typically, a resident will purchase a long lease for a capital sum but these long leases can also require the owner to pay “event fees” when certain events occur.  These events will typically include sales, lettings and changes in occupancy of the home and are usually paid after the homeowner leaves the property. These fees can come as a surprise to leaseholders and in March…
We previously blogged about the Government’s public consultation on proposals to amend the Energy Efficiency (Private Rented Property) (England and Wales) Regulations 2015 (the “MEES Regulations“). Following the consultation, the Government has published its final policy decisions and the MEES Regulations have been amended by the Energy Efficiency (Private Rented Property) (England and Wales) (Amendment) Regulations 2019. Will this affect me? The amended MEES Regulations mean that a residential landlord cannot let a sub-standard residential…
Are you a landlord or a tenant? Think you’ve heard something about new laws to protect your money when held by an agent? If you want to know more, read on… New regulations mean that by 1 April 2019 all private rented residential property agents that handle client money in England will have to sign up to a government-approved scheme to protect landlords’ and tenants’ money, or they will face fines of up to £30,000.…
We blogged on 26 July 2018 about the government’s plans to publish a register of beneficial ownership of UK registered land.  The government proposes that the register will be maintained by Companies House and will show the owners and controllers of overseas entities that own registered land in the UK.  It will catch all registered land interests (freehold and leases above seven years in England and Wales, 20 years in Scotland and 21 in Northern…
MIPIM has celebrated its 30th Birthday.  There are a hardy few who will tell you that they have attended every one. I can’t claim that, but I did first attend in 1996 and have witnessed its teenage excesses and more recent sobering into maturity. Back in 1996 the Palais was about half its current size. All the stands were in the basement exhibition space, earning it the nickname “The Bunker”. There were no extra tents…