tag:blogger.com,1999:blog-73777422205004701872019-04-15T14:08:17.902+01:00PropertyLaw.guruPropertyLaw.guruhttp://www.blogger.com/profile/16576221187744254368noreply@blogger.comBlogger41125tag:blogger.com,1999:blog-7377742220500470187.post-63344034035892822722019-04-15T14:08:00.001+01:002019-04-15T14:08:17.845+01:00EG 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 Debenhams Legal section p.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 PropertyLaw.guruhttp://www.blogger.com/profile/16576221187744254368noreply@blogger.com0tag:blogger.com,1999:blog-7377742220500470187.post-36831728968482080732019-04-15T12:11:00.002+01:002019-04-15T12:11:10.145+01:00New commercial lease code - consultation!The proposed new commercial lease code is out for consultation and you can get a copy of it from here https://consultations.rics.org/consult.ti/leasingbusinesspremises/consultationHome You 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 PropertyLaw.guruhttp://www.blogger.com/profile/16576221187744254368noreply@blogger.com0tag:blogger.com,1999:blog-7377742220500470187.post-29990268629316366012019-04-11T22:13:00.002+01:002019-04-11T22:13:09.960+01:00EG 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 changes P.51 Expert Witnesses under the spotlight - their need to be indépendant and the PropertyLaw.guruhttp://www.blogger.com/profile/16576221187744254368noreply@blogger.com0tag:blogger.com,1999:blog-7377742220500470187.post-42611961844840131292019-04-02T19:28:00.002+01:002019-04-02T19:28:55.787+01:00EG 30-03-19 News section Shopping centre investment plummeted by 90% in Q1! And prices are tumbling And 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 PropertyLaw.guruhttp://www.blogger.com/profile/16576221187744254368noreply@blogger.com0tag:blogger.com,1999:blog-7377742220500470187.post-54417261967420435932019-03-26T20:27:00.001+00:002019-03-26T20:27:20.665+00:00EG 23rd March 2019 EG 23 March 2019 MIPM 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 PropertyLaw.guruhttp://www.blogger.com/profile/16576221187744254368noreply@blogger.com0tag:blogger.com,1999:blog-7377742220500470187.post-31456179417073657162019-03-17T17:01:00.000+00:002019-03-17T17:01:04.571+00:00Estates Gazette 16h March 2019This 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 going p.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 PropertyLaw.guruhttp://www.blogger.com/profile/16576221187744254368noreply@blogger.com0tag:blogger.com,1999:blog-7377742220500470187.post-23680971042158427772019-03-17T09:16:00.001+00:002019-03-17T09:16:33.685+00:00Airbnb 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-termPropertyLaw.guruhttp://www.blogger.com/profile/16576221187744254368noreply@blogger.com0tag:blogger.com,1999:blog-7377742220500470187.post-58451845538275898462019-03-12T22:32:00.001+00:002019-03-12T22:33:16.136+00:00Estates Gazette - 9th March 2019Brexit 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 PropertyLaw.guruhttp://www.blogger.com/profile/16576221187744254368noreply@blogger.com0tag:blogger.com,1999:blog-7377742220500470187.post-77285115301294359622019-03-03T20:14:00.001+00:002019-03-03T20:14:10.146+00:00EG 02- 03-19p.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 hotspot Legal p. 53 Great article about settling your dilapidation PropertyLaw.guruhttp://www.blogger.com/profile/16576221187744254368noreply@blogger.com0tag:blogger.com,1999:blog-7377742220500470187.post-38554864720461285132019-02-24T14:15:00.004+00:002019-02-24T14:15:52.161+00:00Estates Gazette articles - 23 Feb 19p. 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 withPropertyLaw.guruhttp://www.blogger.com/profile/16576221187744254368noreply@blogger.com0tag:blogger.com,1999:blog-7377742220500470187.post-12445236268457813942019-02-22T09:42:00.000+00:002019-02-22T09:42:23.054+00:00Estates Gazette 16 Feb 19Stop 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-brexit If allowed this would have opened the floodgates to clams by tenants - the Agency may still appeal.. Non law articles of interest: p13 A PropertyLaw.guruhttp://www.blogger.com/profile/16576221187744254368noreply@blogger.com0tag:blogger.com,1999:blog-7377742220500470187.post-80804961788516825292019-02-10T22:49:00.002+00:002019-02-10T22:49:59.849+00:00Estates 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 PropertyLaw.guruhttp://www.blogger.com/profile/16576221187744254368noreply@blogger.com0tag:blogger.com,1999:blog-7377742220500470187.post-59016712724931466432019-02-04T15:33:00.000+00:002019-02-04T15:33:21.299+00:00EG 2nd Feb 19 Various news articles charting the rise of Build to Rent, billions being poured in by investors P.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 thanPropertyLaw.guruhttp://www.blogger.com/profile/16576221187744254368noreply@blogger.com0tag:blogger.com,1999:blog-7377742220500470187.post-80696480379292647342019-01-30T23:04:00.000+00:002019-01-30T23:04:02.585+00:00Estates Gazette - 26-01-19p.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 PropertyLaw.guruhttp://www.blogger.com/profile/16576221187744254368noreply@blogger.com0tag:blogger.com,1999:blog-7377742220500470187.post-26576084022060575792019-01-28T17:09:00.001+00:002019-01-28T17:09:33.552+00:00EG articles 19-01-19Been 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 PropertyLaw.guruhttp://www.blogger.com/profile/16576221187744254368noreply@blogger.com0tag:blogger.com,1999:blog-7377742220500470187.post-52700391023568408442019-01-17T16:36:00.000+00:002019-01-17T16:36:56.440+00:00EG articles 12th Jan 19Non law: p.17 Local authorities are the new buyers of comm prop! They bought nearly £2bn of it last year. Why? They can borrow cheaper than normal investors and need to generate income to replace the abolition of financial support from the Government. Perhaps cozy up to your local council to get work?  p.19 And as they pile into it, rents and returns on Comm Prop are falling, esp retail...but PropertyLaw.guruhttp://www.blogger.com/profile/16576221187744254368noreply@blogger.com0tag:blogger.com,1999:blog-7377742220500470187.post-25895075894202087022019-01-07T13:39:00.001+00:002019-01-07T13:39:12.296+00:00EG 05-01-19 Lots of predictions on the market for the coming year, such as 1) The Midlands is the place to invest, 2) Turbulent year ahead for Retail,  3) Increase in developers building to rent not sell! P. 49 Predictions of the legal year ahead. Supreme and other court hearings are in the pipeline on issues such as enforceability of of restrictive covenants, rights of light, CVAs, proprietary estoppel,PropertyLaw.guruhttp://www.blogger.com/profile/16576221187744254368noreply@blogger.com0tag:blogger.com,1999:blog-7377742220500470187.post-20066872844957517902018-12-13T17:56:00.001+00:002018-12-13T17:56:01.859+00:00Lawyers- Cut throat employers ?https://www.theguardian.com/law/2018/dec/13/toxic-vile-cut-throat-the-work-culture-awaiting-junior-lawyersPropertyLaw.guruhttp://www.blogger.com/profile/16576221187744254368noreply@blogger.com0tag:blogger.com,1999:blog-7377742220500470187.post-78120700948320386202018-12-05T11:15:00.000+00:002018-12-05T11:15:03.174+00:00Estates Gazette articles 1st December 2018 p.32 Interesting (non-law) article about ‘clicks-and-mortar’ retailers (get up to date with the jargon whose businesses are a mix of online and in-store retail), in British Land’s huge Sheffield Meadowhall shopping centre - where the tenants rents are turnover based. But one tenant Joe Browns is 90% online, so how do you factor that in when you are drafting the turnover rent clause? Food for PropertyLaw.guruhttp://www.blogger.com/profile/16576221187744254368noreply@blogger.com0tag:blogger.com,1999:blog-7377742220500470187.post-13519425069805589462018-11-27T08:16:00.001+00:002018-11-27T08:16:11.253+00:00EG 24 November 18This week's EG comes with the quarterly Property Auction Buyers' Guide. Worth getting a copy and giving it to clients who can't keep their hands in their pocket at an auction and don't see the point of having you look at the auction pack before they buy it. This edition has articles on what's hot and what's not, buy to let health check, short leaseholds, online auctions, commercial lending, what PropertyLaw.guruhttp://www.blogger.com/profile/16576221187744254368noreply@blogger.com0tag:blogger.com,1999:blog-7377742220500470187.post-69792523479640502962018-11-17T19:15:00.000+00:002018-11-17T19:15:02.454+00:00Estates Gazette 17 Nov 18 - article summaries Bumper brainy articles in this one - need an expresso before you read them this week! P.65 - Damages for rights of rights claims and restrictive  covenant breaches. Looks at what ‘negotiating damages’ means - more complex than a one-third Stokes and Cambridge approach. More subtle and could mean less P.67 Good one looking at what your legal redress do in practice if your building site is PropertyLaw.guruhttp://www.blogger.com/profile/16576221187744254368noreply@blogger.com0tag:blogger.com,1999:blog-7377742220500470187.post-92009470505964935642018-11-16T22:55:00.000+00:002018-11-16T22:55:05.650+00:00Estates Gazette EG articles 10-11-18 Only got this edition on Weds!! Where has it been? Some good articles this week: P.69 Assesses the LR’s proposed use of Blockchain. Explains what it is and how it is supposed to be secure and ‘could reduce property fraud’. I don’t believe that one, personally, can’t see how an encrypted record at LR stop someone pretending to be who they aren’t to a firm of solicitors who then authorise PropertyLaw.guruhttp://www.blogger.com/profile/16576221187744254368noreply@blogger.com0tag:blogger.com,1999:blog-7377742220500470187.post-23972529974304560022018-11-06T14:12:00.001+00:002018-11-06T14:12:23.768+00:00Estates Gazette EG articles 3rd Nov 18 This weeks articles in the esteemed organ of surveyors are as follows: P. 61 The new accounting standard IFRS16 means that the lease liabilities (such as future rent etc. payments) will need to be shown on company balance sheets. The article considers what this will mean for commercial lease - such as shorter leases instead of longer leases with break rights?, More turnover rents, less 5 yearPropertyLaw.guruhttp://www.blogger.com/profile/16576221187744254368noreply@blogger.com0tag:blogger.com,1999:blog-7377742220500470187.post-83245675310185955692018-11-04T20:06:00.004+00:002018-11-04T20:06:40.304+00:00SDLT on building licences & substantial performanceInteresting email discussion between me, Judith Pederzolli of PEM Accountants in Cambridge who advises on SDLT, and Anne Humphreys who also advises on SDLT - almost makes me miss lecturing on SDLT! Situation - developer has access to site to build the building under a building licence, with the right to buy it when it's built.  Judith mused as follow:  "I wondered if there can be substantial PropertyLaw.guruhttp://www.blogger.com/profile/16576221187744254368noreply@blogger.com0tag:blogger.com,1999:blog-7377742220500470187.post-77880715656507572772018-11-01T09:41:00.004+00:002018-11-01T09:41:47.508+00:00EG Estates Gazette 27-10-18 Article summaries. P. 53 Development Horror Stories! In time for Halloween this article lists the problems that can befall development sites plus a brief outline of what you can do. Bats,Newts, Ancient Monuments, covenants & TVGs P. 55 Mobile phone masts and the Telecommunication Code, good summary plus a couple of excellent one page flow charts setting your rights (if any) to move a mobile phone mast off your PropertyLaw.guruhttp://www.blogger.com/profile/16576221187744254368noreply@blogger.com0