tag:blogger.com,1999:blog-73777422205004701872019-12-09T08:50:51.203+00:00PropertyLaw.guruPropertyLaw.guruhttp://www.blogger.com/profile/16576221187744254368noreply@blogger.comBlogger82125tag:blogger.com,1999:blog-7377742220500470187.post-85284193580661697482019-12-09T08:50:00.003+00:002019-12-09T08:50:51.146+00:00EG 7-12-19 P.15 'Corbyn clauses' are being inserted ‘everywhere’ in contracts, development site deals, allowing buyers to pull out if Jezza wins Thursday’s vote-off! But many are not signing till after. p.29 Have you heard of ‘Cloud kitchens’ a new asset class - they provide the offsite cooking for restaurants and also for deliveroo and just eat businesses. Landlords are set to make a lot of money byPropertyLaw.guruhttp://www.blogger.com/profile/16576221187744254368noreply@blogger.com0tag:blogger.com,1999:blog-7377742220500470187.post-50884855005285983212019-12-04T08:59:00.002+00:002019-12-04T08:59:41.633+00:00EG 30-11-19 Big part of this week’s EG on work-life balance. One in 4 property professionals have considered suicide!! Poor workplace culture, long hours, and a profit/timesheet culture? Sound familiar? If so, read this edition. Astonishingly, 70% of property professionals have experienced mental health issues… p.71 How employers should best look after the mental wellbeing of their employees. p.73 PropertyLaw.guruhttp://www.blogger.com/profile/16576221187744254368noreply@blogger.com0tag:blogger.com,1999:blog-7377742220500470187.post-25380879339635532992019-11-24T21:18:00.002+00:002019-11-24T21:18:21.999+00:00EG 23-11-19 p.23 Another article about the differences between English and Scottish law, this time litigation. Completely different language and structure of litigation. I must read if you are a property litigator who have clients who have a property portfolio in Scotland. p.67 sex establishment licenses – lapdancing to you, breaches of condition of the license, what happens if you lose the license, is PropertyLaw.guruhttp://www.blogger.com/profile/16576221187744254368noreply@blogger.com0tag:blogger.com,1999:blog-7377742220500470187.post-5220114154263191542019-11-18T15:39:00.002+00:002019-11-18T15:39:18.422+00:00EG 16-11-19 P.49 Mortgages and Lending in Scotland compared to England & Wales. Interesting article showing the huge differences in the law of mortgage up north, where there is a standard set of mortgage clauses ’standard security’ incorporated by statute into every mortgage,  some of which can be varied and some which cannot. The terms used are different, there is 21 day companies house registration but PropertyLaw.guruhttp://www.blogger.com/profile/16576221187744254368noreply@blogger.com0tag:blogger.com,1999:blog-7377742220500470187.post-51596224877653085002019-11-11T11:02:00.001+00:002019-11-11T11:06:10.255+00:00EG 9-11-19 Palindromic EG date! 9-11-19 P.36 Co-living is the next new thing, but there are planning issues to overcome, but it is something to look out for. I've stayed at The Collective in Canary Wharf and it is an amazing concept (if you can cope with the noise of the DLR rumbling past)! p.53 Pt 2 of the differences between Scottish & English law, commercial leases. Everything is different in PropertyLaw.guruhttp://www.blogger.com/profile/16576221187744254368noreply@blogger.com0tag:blogger.com,1999:blog-7377742220500470187.post-39397758574801393142019-11-03T17:53:00.003+00:002019-11-03T17:53:30.839+00:00EG 02-11-19 Overseas Investment in UK comm prop drops by 18%, London super-prime resi sales drop by 13%, Treasury committee calls for the overhaul of the ‘broken’ business rates system (asking for a consultation prior to Spring), Co-living (such as The Collective (which I stayed in at Canary Wharf last week and was impressed) set to triple in size, WeWork still in danger of going bust despite rescue, and ofPropertyLaw.guruhttp://www.blogger.com/profile/16576221187744254368noreply@blogger.com0tag:blogger.com,1999:blog-7377742220500470187.post-41063236628330942472019-10-27T21:15:00.002+00:002019-10-27T21:15:42.822+00:00EG 26-10-19 p.22 WeWork bailed out! (but I read elsewhere that unless they get their house in order they will burn through the new funding in a year or so). Comment that they were looking for a 15 month rent free on an 8 year lease and a £50psqft landlord’s contribution to fit out, plus L had to use *their* standard lease, non-negotiable! Cheek! p.29 Build to Rent sector grows 20% in a year! Plus more onPropertyLaw.guruhttp://www.blogger.com/profile/16576221187744254368noreply@blogger.com0tag:blogger.com,1999:blog-7377742220500470187.post-62362392445890686632019-10-20T16:09:00.004+01:002019-10-20T16:09:48.808+01:00EG 19-10-19 P.21 UK resi rents rise at fastest rate in 3 yrs! p.35 > News from talks at the recent MPIM UK event - Brexit etc p.46 Mainly for Students article giving an outline of contract law  & other jurisdictions p.57 Legal issues for landlords regarding use of drones by occupiers or future drone ports! p.59 Can a landlord vary the tenants absolute covenants in one lease (e.g. not to keep PropertyLaw.guruhttp://www.blogger.com/profile/16576221187744254368noreply@blogger.com0tag:blogger.com,1999:blog-7377742220500470187.post-20979398237647857362019-10-20T16:08:00.003+01:002019-10-20T16:08:34.203+01:00EG Auction Buyer's Guide Autumn 2019 All property lawyers should read this to keep them up to date in the market and auctions. Clients may also find it useful, and you can get extra copies from EG Articles on: p.48 Telecommunications code and the effect on owners p.50 Commercial rent deposits. Must read article on how to deal with them on a sale p.52 Where are we on the leasehold reform proposals p.57 Tenant Fees Act. What Ls PropertyLaw.guruhttp://www.blogger.com/profile/16576221187744254368noreply@blogger.com0tag:blogger.com,1999:blog-7377742220500470187.post-71079576673585023362019-10-13T17:31:00.002+01:002019-10-13T17:31:34.753+01:00EG 12-10-19 P.57 Interview with Joanne Wicks QC about her career at the property bar (she acted for the tenant in Franses and also the landlord in the EMA lease frustration case) p.60. Professional negligence in property transactions. There have been £1BN neg claims against property lawyers in the last 10 years. Poor service, not maintaining standards, focus on profitability rather than client service, PropertyLaw.guruhttp://www.blogger.com/profile/16576221187744254368noreply@blogger.com0tag:blogger.com,1999:blog-7377742220500470187.post-36465412838751482502019-10-08T18:14:00.002+01:002019-10-08T18:14:49.432+01:00EG 05-10-19 P.107 Debenhams decision and CVAs. What does it mean for landlords? In such CVAs the landlords suffer a rent reduction but other trade creditors get paid in full. The decision held that landlords were creditors in relation to future rent, that compromising future rent was not unfair prejudice, that the right to forfeiture cannot be altered by a CVA, that reducing rent was justified to protect PropertyLaw.guruhttp://www.blogger.com/profile/16576221187744254368noreply@blogger.com0tag:blogger.com,1999:blog-7377742220500470187.post-234211892743267302019-09-30T15:41:00.002+01:002019-09-30T15:41:57.675+01:00WeWork or WeGoBust? We Won't - Will the biggest non-govt occupier on office space in London go bust in the next 6 months, making the Arcadia group/Debenhams look like a side show? Read this guardian article (esp the eyebrow raising 2nd half . If WeWork were to go bust, its landlords will struggle to collect the promised lease payments they are owed. That could leave property companies struggling to pay their bank PropertyLaw.guruhttp://www.blogger.com/profile/16576221187744254368noreply@blogger.com0tag:blogger.com,1999:blog-7377742220500470187.post-80475253288493965992019-09-29T12:25:00.002+01:002019-09-29T12:25:42.701+01:00EG 28-09-19 P.51 Reviews the Law Commission’s proposals on electronic signatures, published on 4-9-19. Notably this does NOT include registered land dispositions which is a separate issue. There are 3 types of electronic signatures proposed, and there are different effects on contracts, s.2 contracts (land) and deeds. This is all years off, but worth being aware of.  P.53 SDLT reforms in the winds?? An PropertyLaw.guruhttp://www.blogger.com/profile/16576221187744254368noreply@blogger.com0tag:blogger.com,1999:blog-7377742220500470187.post-37402374884907609362019-09-29T11:00:00.003+01:002019-09-29T11:00:26.429+01:00EG 21-09-19 P.24 Microflats denouement? Article looking at the rise and fall of micro flats of sometimes 13sqm! A lot are either unsold and risk negative equity. Don’t buy…unless you want to lie in bed, cook a meal and wash your hair - all at the same time.. P.51 CVA part 2 - a very brainy discussion on how a landlord might be able to  challenge a tenant’s CVA (topical as Mike Ashley’s attempt to PropertyLaw.guruhttp://www.blogger.com/profile/16576221187744254368noreply@blogger.com0tag:blogger.com,1999:blog-7377742220500470187.post-52536097345589762502019-09-29T10:46:00.003+01:002019-09-29T10:46:33.165+01:00Fixtures and fishings (and (f)otovoltaic panels...) Borwick Development Solutions Ltd v Clear Water Fisheries Ltd [2019] EWHC 2272 (Ch) (24 September 2019)   Great case report from PLC - Buyer of fishery from an LPA receiver found that he did get the photovoltaic panels but didn’t get the fish as they were wild animals and didn’t pass with the land!! B had owned a commercial fishery, which included nine man-made lakes and pools. The PropertyLaw.guruhttp://www.blogger.com/profile/16576221187744254368noreply@blogger.com0tag:blogger.com,1999:blog-7377742220500470187.post-65972688733949104922019-09-14T22:34:00.003+01:002019-09-14T22:34:58.050+01:00EG 14-09-19 P.51 Company Voluntary Arrangements CVAs are a nightmare for landlords who find that their rent is reduced or their leases handed back and there’s nothing they can do. Must read article fro anyone dealing with L&T. Looks at what the process is, what CVAs can and cannot contain, the option of the landlord to accept the reduced rent or accept the property back and release the tenant from all PropertyLaw.guruhttp://www.blogger.com/profile/16576221187744254368noreply@blogger.com0tag:blogger.com,1999:blog-7377742220500470187.post-10933317127728650702019-09-09T21:03:00.001+01:002019-09-09T21:03:20.789+01:00EG 07-09-19 P.59 Residential tenancy law in Wales - looks as the many ways in which the law is different than in England. Compulsory landlord registration and licensing, complete re-writing of residential tenancy law next year, retrospective conversion of existing tenancies to one of two standard occupation contracts (public and private sector), banning of certain tenant fees, etc. P.61 Managing Agents. PropertyLaw.guruhttp://www.blogger.com/profile/16576221187744254368noreply@blogger.com0tag:blogger.com,1999:blog-7377742220500470187.post-75607682882494219002019-09-02T15:14:00.000+01:002019-09-02T15:14:05.291+01:00EG 31-08-19 P. 53. Survey of the most important cases recently in the battle between mobile phone mast operators and landowners. There have been many articles on the problems for landlords of the new Code, the collapse in rentals and the increased powers given to Telcos - worth a read P.56 Sustainability - reviews policies and trends in the real estate area. Fairly general in approach.. P.58 Hallman vPropertyLaw.guruhttp://www.blogger.com/profile/16576221187744254368noreply@blogger.com0tag:blogger.com,1999:blog-7377742220500470187.post-59554474875698421792019-08-20T12:36:00.002+01:002019-08-20T12:36:33.449+01:00EG 17-08-19 p.21 & 25/26  Interesting Editors comments on the long awaited IPO for WeWork, including a lot of WTFing (quote!). I think WeWork’s approach is transformational in office provision and both landlords and tenants need to rethink the way they do business in the modern world, which includes us lawyers. WeWork may be losing billions ($1.9bn!) and full of hype (like Tesla), but change is a coming…(orPropertyLaw.guruhttp://www.blogger.com/profile/16576221187744254368noreply@blogger.com0tag:blogger.com,1999:blog-7377742220500470187.post-21929789379289740582019-08-07T09:31:00.001+01:002019-08-07T09:34:08.855+01:00EG 03-08-19 p.51 Enfranchisement - goes briefly through the historic reasons why the different regimes exist (LRA67, LRHUDA93 & CLRA02) and why it isn’t fair and calls for a simple and accessible solution with lower costs involved P.52 Landlord’s works - who repairs - and who ultimately pays? Looks at the Blue Manchester case where the freeholder who bought the reversion for £400k is facing a bill of PropertyLaw.guruhttp://www.blogger.com/profile/16576221187744254368noreply@blogger.com0tag:blogger.com,1999:blog-7377742220500470187.post-45725985747812329962019-07-28T17:43:00.002+01:002019-07-28T17:43:37.758+01:00EG 27-07-19 P.35 Fascinating article about how the Belgian town of Roeslare’s town centre is now thriving after adopting all the Grimsey Review recommendations on retail, whereas here its just  one CVA after another… P. 37 The UK’s real estate investment market is still the third biggest in the world (after US & Japan), despite sharing to £564bn last year..Should be plenty of comm prop legal work on thatPropertyLaw.guruhttp://www.blogger.com/profile/16576221187744254368noreply@blogger.com0tag:blogger.com,1999:blog-7377742220500470187.post-69018496346637558012019-07-22T22:47:00.001+01:002019-07-22T22:47:56.860+01:00EG 20-07-19 p. 74 Bizarre Diary story about planning permission granted for 15 flats converted from some grim light-industrial units in Watford - 7 will have NO windows in the gable roof conversion, - PD rights despite the planning inspector commenting that the lack of windows or any natural illumination ‘would not be a positive living environment’. Can’t wait to see the sales particulars for those…That’s PropertyLaw.guruhttp://www.blogger.com/profile/16576221187744254368noreply@blogger.com0tag:blogger.com,1999:blog-7377742220500470187.post-29143779883225410872019-07-14T15:23:00.002+01:002019-07-14T15:23:26.186+01:00EG 13-07-19 P.27 Manchester - predictions for the future of the city…. P.49 Rent arrears and service charge apportionment differences between share sales and asset sales. A must for anyone dealing with corporate support property work. Either Completion accounts or apportionment schedules can be used.Excellent summary of the key factors, but have a double expresso first before you read it! P.51 PropertyLaw.guruhttp://www.blogger.com/profile/16576221187744254368noreply@blogger.com0tag:blogger.com,1999:blog-7377742220500470187.post-68029894367788096382019-07-11T10:39:00.002+01:002019-07-11T10:39:55.060+01:00EG 6-7-19 P.22 Brexit frustration appeal canned. The proposed EMA appeal has been shelved after EMA sublet the *whole* building to WeWork until the end of the lease. This just goes to show how WeWork and flexible work space is going to transform office usage IMHO and the decline of the commercial lease as the norm for office space usage P.63 The new Telecommunications Code’s complexity and security of PropertyLaw.guruhttp://www.blogger.com/profile/16576221187744254368noreply@blogger.com0tag:blogger.com,1999:blog-7377742220500470187.post-26200754752246555412019-07-02T16:55:00.002+01:002019-07-02T16:55:24.312+01:00Lease Extension information and calculator!All the relevant consultation papers and so on regarding Lease extension can be downloaded from here http://ow.ly/SfvR50uROMY Also check out Richard Murphy's excellent calculator and ready reckoner at https://www.richardjohnclarke.comPropertyLaw.guruhttp://www.blogger.com/profile/16576221187744254368noreply@blogger.com0