EG 4th May 201905-05-2019, 22:57
p.25 Co-living schemes seem to be gaining traction everywhere - this is where you have an ensuite room that is 10m2 (yes about 10ft x10ft) and everything else is communal for you and 500 others. At a price - £230 a week. But you rent for as long or as little as you like. Google The Collective, Old Oak. Modern Utopia or Hipster hell on earth?
P.49 Commercial Leases pt 3. What should happen after completion of the lease, for lawyers and clients. Service charges tricks to watch out for. Store closures, breaks, reviews, and SDLT points
P.51 What is the history of the PRS AST regime we have not and the the effect of restrictions on landlords rights to terminate residential leases?
P.52 Absolutely essential reading as a primer on dealing with Agricultural property. Explains the type of Ag tenancies, and the restrictions on termination in the context of a farmer selling land for development. Explains a nightmare scenarios where comm prop lawyers were out of their depth for failing to realise a farm tenant’s ability to ransom a development - if you have Agricultural law experts - use them, is the message! If not, get advice.
P.54 Case on mobile-phone mast nightmares in the development context - another area where specialist advice is needed if you have a site with one on it
P.54 Right To Manage (RTM) case - a badly completed initial notice could not be saved by the FTT and so the RTM had to start again - once more DIY forms and notices usually end badly
P.55 Retirement Living. MHCLG has published proposals to restrict the often rip-off charges that retirement living landlords extract as ‘event fees ’ or ‘deferred management charges’ such as sale or death, etc. It is proposed that there is a new code of practice, standardised information to purchasers and caps on fees. Also it looks like ground rents would be limited to 0.1% of value with a max of £250pa.
P.56 Air pollution. Explains where we are going on this and how it may affect planning applications, resulting in refusal of consent. One case where this happened is going to appeal at the moment.
p. 57 SAMCO was a case that gave guidance where in a claim for professional negligence (usually surveyors for a change), the claimant loses money but some or not all of the loss has anything to do with the negligent advice. Lord Hoffman distinguished between cases where the adviser gives ‘information’ so the client can make a decision and ‘advice’ cases. In information cases the wrongdoer is protected against claims for losses that would have happened anyway even if the information had been correct. As a result Grant Thornton didn’t have to pay Manchester Building Society the £290M it lost relying on negligent advice by GT on interest rate swaps!