PropertyLaw.guru Blog

EG 20-04-19

Property insightsInteresting how the property market is changing. News of the Courts service closing and selling lots of court buildings. Camberwell Green magistrates court  is being turned into 400 one bed flats! The housing market slumps to a 7 year low. A KPMG survey shows that landlords now call tenants ‘customers’ and talk about ‘customer service’ as landlords; Since 54% of employees
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EG 13-04-19

Not much in the surveying section of interest except a couple of articles about Channel 4 moving to Leeds and bit about DebenhamsLegal sectionp.47 Business Rates - local authorities are losing money with business rates avoidance schemes - and this article looks about the insolvent tenant scheme just tested in the courts. The Court of Appeal found the scheme worked in Rossendale Borough Council v Hurstwood
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New commercial lease code - consultation!

The proposed new commercial lease code is out for consultation and you can get a copy of it from herehttps://consultations.rics.org/consult.ti/leasingbusinesspremises/consultationHomeYou might need to create an account download it. The code is now going to be professional mandatory on surveyors to clarify certain aspects of the heads of terms. This hopefully will make it a lot easier for landlord and
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EG 6th April 2019

P.49 MEES one year on. Looks at the effect of the minimum energy efficiency standards affecting commercial buildings since last year. Not a single prosecution for non-compliance  by any local authority in the whole country! But many less ‘substandard’ F&G registrations. Looks ahead at the next phase of changesP.51 Expert Witnesses under the spotlight - their need to be indépendant and
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EG 30-03-19

News sectionShopping centre investment plummeted by 90% in Q1! And prices are tumblingAnd Philip Green’s Arcadia group (Topshop, Evans, Wallis, Miss Selfridge, DP, Burtons etc. ) is being restructured and is likely to lead to shut shops and slashed rents for landlords!Furthermore - more than 60% of all new retail scheme proposals have been pushed back to the next decade. And that’s without Brexit..But
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EG 23rd March 2019

EG 23 March 2019MIPM issue with lots on the Cannes jolly that agents go on - and a few lawyers. Probably not as much fun as the Film Festival (that I gatecrashed a few years ago!)P. 57 Business Rates and charities. There have been lots of ‘mitigation schemes’ (fiddles to you, me and the Councils involved) to avoid the punitive business rates on empty properties regime, including the Charity scheme.
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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
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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
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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
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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
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