DATE: MONDAY 18TH FEBRUARY 2019 TIME: 5.30PM REGISTRATION VENUE: RUISLIP GOLF CLUB, THE FAIRWAY, ICKENHAM ROAD, RUISLIP HA4 7DQ It is extremely important for all Leaseholders to be aware of the consequences of allowing the term of their Leases to drop below 80 years, which can potentially lead to problems on sale or re-mortgage. Delay
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“A net 1,123 stores disappeared from Britain’s top 500 high streets in the first six months of the year, according to the accountancy firm PwC.” With growing uncertainty in the economy, numerous retail and restaurant tenants are currently proposing company voluntary arrangements (CVAs) with the primary purpose of reducing their rental commitments. The restaurant industry,
Will I have to spend a lot of money making my commercial properties “energy efficient” and bringing them up to scratch?
The Energy Efficiency (Private Rented Property) (England and Wales) Regulations 2015 (“MEES Regulations”) are intended to improve the energy efficiency of residential and commercial privately rented properties. For commercial property, it is Part 3 of the MEES Regulations which is important, which prohibit a landlord from granting new leases from 1 April 2018 or continuing
No doubt you will have seen one of the headlines from the Chancellor’s budget on 29 October 2018 is that first time buyers’ relief for Stamp Duty Land Tax (“SDLT”) is to be extended for first time buyers of shared ownership properties(and applied retrospectively). In this note Adam Crawford, Partner and Head of New Build
The government’s Help to Buy ISA savings scheme has been around for a few years but in this note we look to clear up the confusion of if, how, and when it can be used for the purchase of a shared ownership property (a shared ownership property is where you part buy and part rent
This may well be the feeling of many commercial landlords when faced with an application for relief from forfeiture by their commercial tenant. Particularly since the landlord may have already failed to receive rent for several quarters or suffered several breaches of the lease. As a brief reminder, the forfeiture of a commercial lease by
Following the vote to leave there was the almost obligatory reporting from estate agents that there was a sharp drop in buyer interest and it would have been easy to conclude that the housing bubble would finally burst. However, after almost three months since the vote there is evidence to suggest that the housing market
Today the Supreme Court issued the eagerly awaited judgement in the Marks and Spencer v BNP Paribas case.
In this case, a landlord granted to M&S a lease from 2006 to 2018. The rent was substantial, and the lease included a car park licence fee, a service charge and an obligation on M&S to reimburse the landlord for the costs incurred in insuring the building. The lease entitled M&S to determine the lease
Introduction Overview of the principle of waiver of the right to forfeit a commercial lease. Still a significant amount of uncertainty. So what is waiver? Lease sets out what the tenant must and must not do and the landlord relies on those terms to be able to forfeit the lease if necessary. Landlord can still
“The case of Arnold v Britton and others  is the type of case which, some might say, could well give the Law the reputation of being an “Ass”. Arnold v Britton is a contractual interpretation case. The case was about the service charge provisions in leases of chalets. It is “ a rare example
As residential property management continues to be more regulated, many landlord clients are seeking to diversify their portfolios and invest in commercial property, particulars with current rate of returns. The principle advantages of commercial property are: 1. You can exclude by agreement a tenant’s security of tenure. This is not possible with residential property; 2.