tag:blogger.com,1999:blog-73777422205004701872019-10-20T11:18:13.008+01:00PropertyLaw.guruPropertyLaw.guruhttp://www.blogger.com/profile/16576221187744254368noreply@blogger.comBlogger73125tag: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.com0tag:blogger.com,1999:blog-7377742220500470187.post-5942346980272810192019-07-01T15:14:00.001+01:002019-07-01T15:14:36.336+01:00New SDLT guidance on gardens and resi.SDLT on gardens or grounds - new guidance issued on 25th June. See http://ow.ly/KOpu50uQEEffor some more pages, not as good as the guidance at the WRA on LTT but helpful nonetheless..PropertyLaw.guruhttp://www.blogger.com/profile/16576221187744254368noreply@blogger.com0tag:blogger.com,1999:blog-7377742220500470187.post-31813174266399529922019-07-01T15:10:00.003+01:002019-07-01T15:10:29.100+01:00EG 29-06-19 p.33  Shape of things to come? Spelthorne Borough Council (who? where?) earned as much (£7m) from the £1billion of commercial property it quickly bought (on cheap loans from the Public Works Main Board) as it did from rates! Is this what your local authority is going to do? If so, cosy up to them and get some work!  p.47 Interesting article about the BPF’s Red Flag clauses for a CVA, which PropertyLaw.guruhttp://www.blogger.com/profile/16576221187744254368noreply@blogger.com0tag:blogger.com,1999:blog-7377742220500470187.post-12897707769899113352019-06-23T16:19:00.002+01:002019-06-23T16:19:19.886+01:00EG 22-06-19 p.45 5G Failing to make the connections. Anecdotally there is a big standoff preventing the roll-out of 5G as landlords are hostile to surrendering their rights forever for peanuts to operators under the new Code, given the permanent nature of the rights given and the low rents given under the valuation. Warning if you have one on a site or are thinking about granting one. P.26. First sign ofPropertyLaw.guruhttp://www.blogger.com/profile/16576221187744254368noreply@blogger.com0tag:blogger.com,1999:blog-7377742220500470187.post-79307256785384963772019-06-22T07:40:00.002+01:002019-06-22T07:46:31.429+01:00Comm Prop client identity protocol launched This makes a lot of good sense - follow this link http://www.propertyprotocols.co.uk/_uploads/downloads/LPSLG-protocol-on-client-identity---final-version-20-May-2019.pdf Too many buyers solicitors have been asking for unreasonable undertakings regarding identity from seller's solicitors. Perhaps something could similarly be used by residential conveyancers?PropertyLaw.guruhttp://www.blogger.com/profile/16576221187744254368noreply@blogger.com0tag:blogger.com,1999:blog-7377742220500470187.post-50102640850660228662019-06-18T20:34:00.002+01:002019-06-18T20:34:32.427+01:00EG 15-06-19 P.49 VAT -  Reverse charges introduced from 1 oct 19. This means if you pay (as a business) for construction work, then instead of paying the VAT to the contractor, you pay it to HMRC with your VAT return, but can reclaim VAT in the usual way. This is to prevent VAT fraud in the construction industry. This could have profound effect on some development contracts IMHO. There are exemptions, it PropertyLaw.guruhttp://www.blogger.com/profile/16576221187744254368noreply@blogger.com0tag:blogger.com,1999:blog-7377742220500470187.post-3359304113305729492019-06-18T20:34:00.000+01:002019-06-18T20:34:00.563+01:00EG 08-06-19 p.57 Brill article setting out what landlords and managing agents have to do to comply with the Tenant Fees act 2109 that took effect on 1st June. A must - esp if you are a trainee still renting! P. 59 Another article about the business rates case in Hewitt v Telereal Trillium 2019 which held that even though no-one wants to rent a big old & dated empty office block, it still has a ‘rateable PropertyLaw.guruhttp://www.blogger.com/profile/16576221187744254368noreply@blogger.com0tag:blogger.com,1999:blog-7377742220500470187.post-46663192707793898082019-06-03T11:59:00.001+01:002019-06-03T11:59:05.452+01:00EG 01-06-19 P 49 Leasehold reform.  A critical review of the proposed reforms - removal of s.21 notices, commonhold, community stewardship, Enfranchisement reforms - if you have been living under a stone for the last two years or not dealing with leasehold issues this will bring you up to date with where we are P. 51 Business rates - reports on the Supreme Court decision in Hewitt (V)) v Telereal PropertyLaw.guruhttp://www.blogger.com/profile/16576221187744254368noreply@blogger.com0tag:blogger.com,1999:blog-7377742220500470187.post-5168809983749325702019-05-31T13:27:00.002+01:002019-05-31T13:27:12.223+01:00SuDs solution at lastRead about the new Water UK draft 8th edition of Sewers for Adoption, expected to come into force April 2020 making water companies adopt SuDS areas https://www.water.org.uk/wp-content/uploads/2019/01/D-.HR2-S_1556-AW-Sewers-for-Adoption-report.pdf Sounds like house builders win again - not so in Wales though..PropertyLaw.guruhttp://www.blogger.com/profile/16576221187744254368noreply@blogger.com0tag:blogger.com,1999:blog-7377742220500470187.post-67632581327405059882019-05-30T09:43:00.002+01:002019-05-30T09:43:32.305+01:00EG 25-05-19 p.61 MEES - Key questions on exemptions. Excellent outline of the process of registering an exemption for residential or commercial landlords of F or G rated properties who want to avoid criminal liability, the effect and duration of an exemption and the types of exemption P.63 Insurance risks in building contracts like the JCT, who takes it out, what you insure against. One for anyone PropertyLaw.guruhttp://www.blogger.com/profile/16576221187744254368noreply@blogger.com0