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Stuart Tym, Claire Petricca-Riding and Paul Henson consider the Chancellor’s Budget delivered on 3 March The risk of prices being pushed up by increased lending power provides a real danger that generation rent will become generation buy, only to end up as generation debt. The March Budget included initiatives designed to support the economy in …
Continue reading "Budget 2021: What’s in it for real estate?"
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The Electrical Safety Standards in the Private Rented Sector (England) Regulations 2020 will apply to existing specified tenancies from 1 April 2021. Hayley Lalsing and Laura Sheftel consider their implications In dangerous situations where the EICR indicates that urgent remedial action is required, the LHA has the power, pursuant to Regulation 10, to arrange for …
Continue reading "Landlord and tenant: Electrical safety standards"
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CVAs can provide a lifeline for tenants in financial difficulties but can severely diminish the value of a landlord’s investment. Lewis Couth considers CVAs from both parties’ perspectives and investigates a potential saving grace for landlords It is likely that landlords will have to face the risk of their leasehold investments diminishing in value in …
Continue reading "Company voluntary arrangements: Landlord and tenant perspectives"
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Katherine Crowley and Kathryn Oie consider the successful use of electronic signatures in lockdown and why everyone needs to embrace this new way of working The type of electronic signature that has taken hold across the real estate sector over the last 12 months is known as a standard or simple electronic signature generated via …
Continue reading "Electronic signatures: From novel to necessary"
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Although projects have continued during the pandemic, Covid-19 has had a significant effect on the financial health of many businesses operating in the construction sector in the last 12 months. Emily Holdstock explores the ways in which developers can mitigate the occurrence and effects of contractor insolvency It is prudent to include provisions within the …
Continue reading "Construction focus: Safeguarding project delivery in a post-Covid world"
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Simon Serota provides his thoughts on the latest edition of Hague on Leasehold Enfranchisement (7th edn), by Damian Greenish and Anthony Radevsky The new edition of Hague arrives some seven years after the last (sixth) edition and incorporates commentary and references to a large number of decisions handed down in that seven-year period Leasehold enfranchisement was …
Continue reading "Book review: The definitive guide to leasehold enfranchisement"
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Stratios Koytzoumis considers a recent case brought before the Lands Tribunal considering the discharge or modification of a restrictive covenant in the context of a residential estate The tribunal did acknowledge that planning permission had been granted for the proposed use of land, which, while not conclusive, is an important factor in favour of reasonable use. …
Continue reading "Restrictive covenants: Modification issues"
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Richard Oliphant explains how e-signing platforms like Adobe Sign, DocuSign and Yoti Sign are integral to HM Land Registry’s plans to digitalise conveyancing and land registration in England and Wales HMLR’s response to Covid-19 was admirably fast and effective in keeping the gears of the real estate industry moving. HM Land Registry (HMLR) aspires to …
Continue reading "Land registry: Digital transformation"
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Alexandra Jones summarises the planning enforcement regime and what to do where a planning enforcement notice is issued in light of a recent decision The effect of appealing the enforcement notice is that the terms of the notice are suspended until the appeal is decided. The system of planning control exists to regulate development so …
Continue reading "Planning mistakes and enforcement: Dealing with planning control breaches"
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David Schmitz considers instances in which it could be argued that Covid-19 has caused the frustration of some leases and other contracts for student lettings Lettings of student accommodation may sometimes be frustrated where Covid has made in-person learning impossible for a large part of the term of the letting. In National Carriers Ltd. v …
Continue reading "Student lettings: Frustration and the pandemic"
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