PropertyLaw.guru Blog

Estates Gazette 16h March 2019

This week's edition comes with the glossy Investors City Guide that sets out where is the best place in the UK to invest in property with a useful run-down on what is happening in each major city and how property prices and rents are goingp.20 Savills are predicting a drop in the volume in property transactions in the coming year with Brexit and everything else.. and p.25 reports that investors
Read more ...

Airbnb use not residential!!

Interesting planning case for anyone renting out a property on airbnb:Use of flats as short-term visitor accommodation was a material change of use (Planning Inspectorate)The appeal concerned two residential apartment blocks in Cambridge. In January 2018, the council issued enforcement notices alleging that 13 of the 19 flats (use class C3) across the two blocks were being used as short-term visitor
Read more ...

Estates Gazette - 9th March 2019

Brexit frustration? Well the European Medicines Agency has been granted leave to appeal against the dismissal of its frustration claim - this one will run and run. If industry wasn't terrified by today's shambles in Parliament it will be if Brexit can frustrate leases! No indication yet of when it would be heard.Tons of diversity related articles in this issue trying to redress surveying and property
Read more ...

EG 02- 03-19

p.34 Many local authorities are buying property, inside and outside their area, to get income, as they can borrow cheaper than most other organisations. Article looks at one such authority that has spent £1 billion in the last three years!p.40 Looks at all the development happening at the 'South Bank' - London's investment hotspotLegalp. 53 Great article about settling your dilapidation claims before
Read more ...

Estates Gazette articles - 23 Feb 19

p. 49 Third and fiinal part of the excellent mini-series about dealing with mixed use developments. This one looks at build to rent, the need for a ready made community, concierges, flexibility and cost transparency.p.51 End of the road for residential leasehold? Article questioning whether it needs to be replaced. Will it happen? (When hens have teeth, is my view). Points out the problems with common
Read more ...

Estates Gazette 16 Feb 19

Stop press - the High Court rejected the claim by the European Medicines Agency that Brexit operated to frustrate the lease it had entered into - https://www.theguardian.com/politics/2019/feb/20/european-medicines-agency-loses-bid-to-end-uk-lease-over-brexitIf allowed this would have opened the floodgates to clams by tenants - the Agency may still appeal..Non law articles of interest:p13 A Regus
Read more ...

Estates Gazette 09-02-19

Non law articles about the London Office market, Primary Health Care Properties, the residential market in the regions..P.49 Mixed-Use developments. - part 1 of a 3 part series by Dentons about the different stages of a mixed use development. This one looks a 3rd party rights and restrictions - rights to light, covenants and strategies to adopt. Then the problem of residential occupiers acquiring rights
Read more ...

EG 2nd Feb 19

Various news articles charting the rise of Build to Rent, billions being poured in by investorsP.45 Thought provoking article about getting the most return from commercial property leases, which might not occur to comm prop lawyers, such as making sure tenants pay all charges, refuse to accept schedules of condition rather than a full repair clause, include toilets in the demises rather than in common
Read more ...

Estates Gazette - 26-01-19

p.30, 31, 34 offices - the future and the death of the commercial lease?  A number of articles announcing significant 'flexible offices' from Landsec and also the fear that organisations like WeWork might take leases in SPVs and simply fold the companies if they don't work out financially are worries for landlords renting to them. Landsec's documents are only 3 pages long! Is this where we are
Read more ...

EG articles 19-01-19

Been away for a week hence delay..p.26. Brexit='Frustration' of an agreement for lease? That is what is being argued in the High Court in  an attempt by the European Medicines Agency to avoid having to take a £13M a year lease in Canary Wharf till 2039 with no break clause (who on earth agreed that one!). This could open the floodgates if the argument is successful. Watch this space..p.30 Build
Read more ...
RSS Feed 

This site uses cookies. But unlike WhatsApp, Facebook and the rest we don't trawl your phone for your personal data and sell it to advertisers!