tag:blogger.com,1999:blog-73777422205004701872020-09-24T11:36:38.211+01:00PropertyLaw.guruPropertyLaw.guruhttp://www.blogger.com/profile/16576221187744254368noreply@blogger.comBlogger123125tag:blogger.com,1999:blog-7377742220500470187.post-74544671198199476432020-09-23T21:34:00.005+01:002020-09-23T21:34:39.560+01:00EG 19-09-20P.5 “This week’s leader is dedicated to the growing number of occupiers that are, quite frankly and quite bluntly, taking the piss. For their benefit, I thought it might be useful here to remind them of the definition of a lease…” Proper rant from the Editor about tenants not paying their rent, CVAs, etc. P.16 High Court decision, much reported which decided that in most of the disease clauses PropertyLaw.guruhttp://www.blogger.com/profile/16576221187744254368noreply@blogger.com0tag:blogger.com,1999:blog-7377742220500470187.post-62663965206013375632020-09-18T21:28:00.003+01:002020-09-18T21:28:15.651+01:00 EG. 12-09-20P44. Overcoming tenants’ rights of pre-emption. Good article on how to structure a flats development to make sure that you can keep the freehold or airspace and prevent them  having a right of pre-emption should you wish to sell it. Basically exchange contracts to sell on the reversion before you sell 50% of the flats. But what about structuring it with an intermediate lease? Or before they are PropertyLaw.guruhttp://www.blogger.com/profile/16576221187744254368noreply@blogger.com0tag:blogger.com,1999:blog-7377742220500470187.post-69699322235446054002020-09-18T09:52:00.003+01:002020-09-18T09:52:25.304+01:00 EG 3-09-20Sorry for delay -‘ stuff’ getting in the way! Interesting Logistics supplement - its definitely where the smart money is going. Amazon is on an impressive global 50% expansion journey - with a 40% increase in sales in Q2 2020! P.36 Right to Manage procedures and the changes proposed by the Law Commission. Useful explanation of the current process. The notices are crucial and Eastern Pyramid PropertyLaw.guruhttp://www.blogger.com/profile/16576221187744254368noreply@blogger.com0tag:blogger.com,1999:blog-7377742220500470187.post-39535002149084550112020-08-28T10:03:00.000+01:002020-08-28T10:03:03.328+01:00EG 29-08-20 (App only) New Look's proposed 3 yr CVA terms- turnover rents, Landlord breaks etc. Worth looking at - Is this the standard model?Covid Grants and business rates come to an end on 28 August - but £1.45bn remains unclaimed. Business rates holidays given to retail leisure and hospitality let many businesses out in the cold. Some claimed empty property rates relief, but the majority of LAs refused. Massive PropertyLaw.guruhttp://www.blogger.com/profile/16576221187744254368noreply@blogger.com0tag:blogger.com,1999:blog-7377742220500470187.post-12273334550549487682020-08-26T16:01:00.002+01:002020-08-26T16:01:09.499+01:00 EG 20-08-20 p.17 Investors primed for a rise in sale and leaseback as companies look to free up cash after the pandemic - are you ready? Numerous articles predicting the future of the office…which will affect commercial lease volumes.. Legal P.44 Escape to the country- what are the headaches of countryside living - what exactly are you buying - boundaries, rights, gaps and unregistered land, planning PropertyLaw.guruhttp://www.blogger.com/profile/16576221187744254368noreply@blogger.com0tag:blogger.com,1999:blog-7377742220500470187.post-72838085890589580582020-08-25T10:49:00.000+01:002020-08-25T10:49:00.302+01:00 EG 15-08-20 EG 15-08-20 App only edition Adverse possession Dowse v City of Bradford Metropolitan District Council [2020] UKUT 0202 (LC) - interesting case as the ground c exceptional case in an LRA02 application. It must adjoin the whole of the owned land, not just a part of it, also questioned whether the ‘reasonable belief’ of ownership could be possible if there had been previous disputes over it! PropertyLaw.guruhttp://www.blogger.com/profile/16576221187744254368noreply@blogger.com0tag:blogger.com,1999:blog-7377742220500470187.post-35235727326773984842020-08-13T11:12:00.001+01:002020-08-13T11:12:04.740+01:00 EG 08-08-20 P.43 - 75% of businesses are now considering flexible working as a result of the pandemic, and a shift away from tradiitional long leases, which is bad news for L&T solicitors specialising in that area. P.64 Zoning the planning system. Analyses the proposed planning changed- will the recommendations of others to shift to a rules based by right system, where developers can build PropertyLaw.guruhttp://www.blogger.com/profile/16576221187744254368noreply@blogger.com0tag:blogger.com,1999:blog-7377742220500470187.post-61739463712058158462020-07-29T08:53:00.000+01:002020-07-29T08:53:01.811+01:00EG 25-07-20 News  P.19 Law Commissions report on Commonhold and leasehold reform noted. As one comment says, why would developers set one up if there is no financial advantage and lenders won’t lend on it! Also, in my experience flat owners don’t want to be directors of management companies or manage the building, but whinge about the maintenance and service charges all the time. Don’t expect changes any PropertyLaw.guruhttp://www.blogger.com/profile/16576221187744254368noreply@blogger.com0tag:blogger.com,1999:blog-7377742220500470187.post-62953615876387510792020-07-28T07:26:00.001+01:002020-07-28T07:26:16.078+01:00New Use Classes summaryBrill summary of the new use classes from BLP - click here  - a must read!https://www.bclplaw.com/images/content/1/9/v2/191419/Client-Flyer-UCO-final.pdfPropertyLaw.guruhttp://www.blogger.com/profile/16576221187744254368noreply@blogger.com0tag:blogger.com,1999:blog-7377742220500470187.post-35614200769671243862020-07-23T16:43:00.000+01:002020-07-23T16:43:20.399+01:00EG 18-07-20News - a boom in demand for data centres, comm prop prices set to drop 10%, predicted demand for flexible space as offices re configure for the post-virus world. P.22 - the proposed radical Permitted development planning reform could see retail to resi conversions rocket. Councils who bought lots of comm prop are now unable to balance budgets and are cutting servicesLegalP.35 Covid clauses - PropertyLaw.guruhttp://www.blogger.com/profile/16576221187744254368noreply@blogger.com0tag:blogger.com,1999:blog-7377742220500470187.post-19407713806342298072020-07-20T21:13:00.002+01:002020-07-20T21:13:31.325+01:00EG 11-07-20 EG 11-07-20 p.13 Editorial call for retailers to pay landlords where they can - comm prop owners aren’t all rich! p.13 - Tesla isn’t paying rent, Frasers, Boots, JD Sport etc. Mike Ashley plans to withhold rent indefinitely for Evans Cycles, which has been doing really well! P.17 West End landlords also badly affected, with no tourist trade for their retailers.. Turnover rents are being PropertyLaw.guruhttp://www.blogger.com/profile/16576221187744254368noreply@blogger.com0tag:blogger.com,1999:blog-7377742220500470187.post-51719027805914520992020-07-08T21:02:00.002+01:002020-07-08T21:02:44.288+01:00EG 04-07-20 Not so much covid news this week. Talent supplement is interesting reading about the new skills employees need to deal with the post covid world - home working etc, leadership, unlocking diversity, how to use zoom meetings and be effective - being clear, direct and warm. Legal p.83 Covid & Dilaps claims.  Good article looking at th defences and arguments may arise from the pandemic.  PropertyLaw.guruhttp://www.blogger.com/profile/16576221187744254368noreply@blogger.com0tag:blogger.com,1999:blog-7377742220500470187.post-66754004539005091232020-06-30T14:38:00.002+01:002020-06-30T14:38:07.219+01:00EG 27-06-20 News section - lots of really interesting articles about the future of offices post pandemic - many predicting that in fact flexible workspace will grow as companies shy from long term commercial lease commitments given uncertainty in their market. Many articles well worth reading if you see yourself as something more than a paper-pushing-instruction-follower! Well worth spending the time to PropertyLaw.guruhttp://www.blogger.com/profile/16576221187744254368noreply@blogger.com0tag:blogger.com,1999:blog-7377742220500470187.post-57384288359319080132020-06-25T09:25:00.002+01:002020-06-25T09:25:16.674+01:00 EG 20-06-20 News Retail out, co-working spaces in at London’s Westfield shopping centre - the owner is going to turn the 100,000 sqft  House of Fraser store into a co-working space à la WeWork!! Also use class D2 dance hall experience IKEA doing residential property development in Enfield - will they come with furniture included? HofL call for greater scrutiny of pre-pack deals where the business is soldPropertyLaw.guruhttp://www.blogger.com/profile/16576221187744254368noreply@blogger.com0tag:blogger.com,1999:blog-7377742220500470187.post-29047116112454551422020-06-17T09:19:00.000+01:002020-06-17T09:19:11.004+01:00EG 13-06-19 NEWS p.13 New voluntary code or practice to be issued to reduce the tensions between Landlords and Tenants over rent payments, not altering lease terms, ‘rent payment plans’ to avoid forfeiture claims, insurance and service charges (possibly reduced where the property isn’t being used) to be paid as a priority,  p.15 Flex office space - 50% rent rent reductions but business starting to pick up PropertyLaw.guruhttp://www.blogger.com/profile/16576221187744254368noreply@blogger.com0tag:blogger.com,1999:blog-7377742220500470187.post-65909809110460365942020-06-12T08:54:00.001+01:002020-06-12T08:54:00.861+01:00SuDS adoption down the drain?The proposed issue of Sewers for Adoption 8th edition has been binned by Ofwat issuing a revised system making Water and sewerage companies (WaSCs)to take over and adopt surface water sustainable drainage areas. Whilst WaSCs are undoubtedly the best organisations to run and maintain these facilities - vital to ensure new homes are not flooded, it means that the more sensible mandatory standards PropertyLaw.guruhttp://www.blogger.com/profile/16576221187744254368noreply@blogger.com0tag:blogger.com,1999:blog-7377742220500470187.post-36215238536065431242020-06-05T20:11:00.003+01:002020-06-05T20:11:51.220+01:00EG 06-06-20 News - p.12 Travelodge is filing for a CVA to sidestep paying half its rent, international investors are buying into UK REITs while their shares are cheap following their drop in price caused by Covid, 73% of the global workforce wants to keep working from home on some level post-covid, social distancing requirements changing office layouts, and even widening pavement layouts, a move from LondonPropertyLaw.guruhttp://www.blogger.com/profile/16576221187744254368noreply@blogger.com0tag:blogger.com,1999:blog-7377742220500470187.post-85535077054379952272020-06-04T08:34:00.001+01:002020-06-04T08:34:48.189+01:00EG 30-05-20 EG 30-05-20 P.35 10 questions on CIL answered. - payment terms, exemptions and reliefs (e.g. social housing), in-use, notices, , s.73 applications, sales,, appeals, etc. CIL needs to be handed carefully by someone experienced in its nuances if expensive mistakes are to be avoided P.37 Changes to Business Rates in Scotland as a result of Covid. Similar to E&W but this set out the PropertyLaw.guruhttp://www.blogger.com/profile/16576221187744254368noreply@blogger.com0tag:blogger.com,1999:blog-7377742220500470187.post-61973442234865106742020-05-28T20:52:00.002+01:002020-05-28T20:52:46.101+01:00EG 23-05-20 p.14 News - Supreme Court has ruled that ATMs at supermarket sites like Tescos do NOT pay business rates - which will trigger hundreds of millions of pounds of refunds. There are 34,000 appeals depending on this decision - business rates are an important issue for businesses that solicitors are completely unaware of p.28 post covid predictions of a strong recovery in the London office market!PropertyLaw.guruhttp://www.blogger.com/profile/16576221187744254368noreply@blogger.com0tag:blogger.com,1999:blog-7377742220500470187.post-69943224848405288522020-05-19T14:03:00.001+01:002020-05-19T14:03:09.168+01:00EG 16-05-20 Lots more virus debates - how to redesign workspaces, who will pay for it, will the future of work change?  LandSec saying rent receipts from its retail and specialist tenants could fall by 75% over the next 12 months and 20% reduction from office tenants. CBRE halving their flexible office space (Hana) plans for 2020. IWG (Regus/Spaces) trying to help their occupiers get CV funding from Govt PropertyLaw.guruhttp://www.blogger.com/profile/16576221187744254368noreply@blogger.com0tag:blogger.com,1999:blog-7377742220500470187.post-61568367019912359702020-05-10T20:22:00.003+01:002020-05-10T20:22:20.160+01:00EG 09-05-20 Lots of articles on predictions for the future with covid, some saying its a buying opportunity as interest rates are low, predictions of  rents falling next year by 20+%, and problems with with the flexible space market being at 20% occupancy, plus businesses rethinking their office needs with the success of home working being apparent,  plus the problems of going back to work in an office PropertyLaw.guruhttp://www.blogger.com/profile/16576221187744254368noreply@blogger.com0tag:blogger.com,1999:blog-7377742220500470187.post-59470801411206055402020-05-05T10:18:00.001+01:002020-05-05T10:18:57.547+01:00EG 02-05-20 More coronavirus market news and predictions of a radical change in the attitude to work - more working from home, less need for offices and the death of the co-working shared office space market (until a vaccine is found) p.34 What will courts and tribunals do post covid? Since mi-march virtually all civil hearings have been heard by video or telephone. However the litigation system lives PropertyLaw.guruhttp://www.blogger.com/profile/16576221187744254368noreply@blogger.com0tag:blogger.com,1999:blog-7377742220500470187.post-79669825127706419542020-04-28T17:38:00.001+01:002020-04-28T17:38:29.921+01:00EG 25-04-21 P.17 Landlords blast exploitative retailers who aren’t paying their rent, such as Boots, and are seeking rent and service charge reductions, despite reporting big profits and dividends to shareholders. Some landlords are submitting winding up petitions as they can’t take forfeiture proceedings. But last week the Government banned that too….Hospitality tenants like Burger King and others are PropertyLaw.guruhttp://www.blogger.com/profile/16576221187744254368noreply@blogger.com0tag:blogger.com,1999:blog-7377742220500470187.post-51290476160953683142020-04-23T14:40:00.000+01:002020-04-30T15:13:47.447+01:00EG 18-04-20 EG18-04-20 Lots of CV articles and the effects on the property market. The Editor feels is its set to cause a depth of recession not seen since the 1930s, and dwarfing the global financial crisis 12 years ago.But we have more data, more history and more lessons to take onboard to help us survive..However, the property industry enters the recession with far better balance sheets than at the PropertyLaw.guruhttp://www.blogger.com/profile/16576221187744254368noreply@blogger.com0tag:blogger.com,1999:blog-7377742220500470187.post-13683513415655997192020-04-12T11:17:00.001+01:002020-04-12T11:17:56.273+01:00EG 11-4-20 Online only version of EG - get it from the app using your subscriber ref on the rear cover of your last one (the last number) Obviously CV is the big one, with points ranging from it being the most severe employment crisis since WW2, the effect on tenants and landlords, the collapse of the housing market, pKnight Frank predicts house prices will drop by 3% in 2020 and pick up in 2021 with 5% PropertyLaw.guruhttp://www.blogger.com/profile/16576221187744254368noreply@blogger.com0