tag:blogger.com,1999:blog-73777422205004701872021-09-30T23:04:29.401+01:00PropertyLaw.guruPropertyLaw.guruhttp://www.blogger.com/profile/16576221187744254368noreply@blogger.comBlogger146125tag:blogger.com,1999:blog-7377742220500470187.post-21054662608385885332021-05-09T19:36:00.003+01:002021-05-09T19:37:46.786+01:00 EG 08-05-21P.43 Turnover rents. What are the common term, how to define turnover eg click and collect sales, the need for transparency and detailed disclosure to landlords and their lenders. Landlord vs lender issues - ratio of T;s EBITDA to rent, occupancy rates or footfall or sales figures, break rights in leases where T underperforms. Reinstatement of rights if a CVA fails. P.45 Q& A Duval and consent PropertyLaw.guruhttp://www.blogger.com/profile/16576221187744254368noreply@blogger.com0tag:blogger.com,1999:blog-7377742220500470187.post-62777114820487628692021-03-28T11:13:00.004+01:002021-03-28T11:13:32.243+01:00 EG 27-03-21P.46 Holiday Lets part 2 What if you let your flat on airbnb for holiday lets - Lease has a user covenant ‘single private residential unit’ = breach. Not to use for business? No subletting? No nuisance?  = read the article! p.49 Drafting for the next pandemic - Ts are seeking Covid clauses - suspending rent, and desperate Ls are agreeing to this. Will ’54 Act renewals get them too? Three PropertyLaw.guruhttp://www.blogger.com/profile/16576221187744254368noreply@blogger.com0tag:blogger.com,1999:blog-7377742220500470187.post-37108416691834431152021-03-26T22:58:00.002+00:002021-03-26T22:58:09.338+00:00 EG 20-03-21p.51 Holiday lets from Hell. What is a holiday let, is it subject to the Protection from Eviction Act 1977?,  how long can they be for?, do the guests have to have a proper home? How do you recover possession from holiday or non-holiday guests! P.53 Electric Charging points - practical issues involved when installing them. Wayleaves,  planning, insurance, title issues, electric supplies, leases, PropertyLaw.guruhttp://www.blogger.com/profile/16576221187744254368noreply@blogger.com0tag:blogger.com,1999:blog-7377742220500470187.post-55917291890084470792021-03-26T22:42:00.004+00:002021-03-26T22:42:56.289+00:00 EG 13-03-21P.53 There have been court decisions holding  ‘No DSS’  tenant policies are unlawful under the Equality Act 2010.  p.55 Telecoms Code code questions. Cornerstone Telecommunications Infrastructure Ltd v Ashloch Ltd and another [2021] EWCA Civ 9   A  code operator occupying under a s.24 LT54 continuation tenancy - the 54 Act applies, not the code.  Also Cornerstone Telecommunications InfrastructurePropertyLaw.guruhttp://www.blogger.com/profile/16576221187744254368noreply@blogger.com0tag:blogger.com,1999:blog-7377742220500470187.post-65186084479793899232021-03-26T22:23:00.004+00:002021-03-26T22:23:35.744+00:00 EG 06-03-21p.36 The two lease problem - Dilapidations. A lease (“the first lease”) is granted. It contains a tenant’s obligation to repair and to reinstate alterations, if so required by the landlord. When it expires, a further lease (“the second lease”) is granted by the then landlord to the same tenant, on substantially similar terms, including the same repairing and reinstatement obligations.  When the PropertyLaw.guruhttp://www.blogger.com/profile/16576221187744254368noreply@blogger.com0tag:blogger.com,1999:blog-7377742220500470187.post-21970563577417004192021-03-13T20:14:00.004+00:002021-03-13T20:14:49.201+00:00 EG 27-02-21p.17 PRS /  BTR sector up - Australian bank set to pour £1bn into build to rent schemes And  p. 18 Banks pull out of offices -  P.32 - Huge amounts of VC money pouring into aggressive roll  of lots of retail and grocery distribution centres - not big 100- 200,000  sqft but lots of small 2,000- 5,000 local ones - repurposing empty shops - will these be within Class E? P.44 - Top tips for PropertyLaw.guruhttp://www.blogger.com/profile/16576221187744254368noreply@blogger.com0tag:blogger.com,1999:blog-7377742220500470187.post-19423464845931319252021-02-23T21:22:00.005+00:002021-02-23T21:22:50.640+00:00 EG 20-02-21P.21 Office take up drops across big six cities ! P.36 Arrears, eviction and enforcement - where are we now. Useful article summarising the often confusing regulation affecting recovery of possession and arrears of rent on both residential and commercial sectors and looks at what’s next P.39 Insurance market is hardening on commercial property - tips for owners seeking insurance P.40 Back to PropertyLaw.guruhttp://www.blogger.com/profile/16576221187744254368noreply@blogger.com0tag:blogger.com,1999:blog-7377742220500470187.post-91841062576043059822021-02-23T20:59:00.003+00:002021-02-23T20:59:08.504+00:00 EG 13-02-21P.39 Investors are hunting out resi, build to rent and PRS is awash with cash! p.40 The environmental protection post Brexit - review of the likely results , what the govt is promising, their stance on climate change and so on P. 44 Am I insured for Covid? Workthrough of a situation for an owner of a commercial hairdressing premises. Are they able to claim under their Business Interruption PropertyLaw.guruhttp://www.blogger.com/profile/16576221187744254368noreply@blogger.com0tag:blogger.com,1999:blog-7377742220500470187.post-55637430148747268412021-02-23T20:34:00.004+00:002021-02-23T20:34:32.306+00:00EG 06-02-21p.19 Flexible working ‘the Flex sector’ is consolidating as some operators are going bust as a result of Covid though post covid it may become popular again as tenants reduce their dedicated office space if there is more home-working post covid. P.21 lots of office and resi development!  P.41 More Telecoms wars - case law is evolving on how much rent will have to pay under the new TCC. Rooftop -PropertyLaw.guruhttp://www.blogger.com/profile/16576221187744254368noreply@blogger.com0tag:blogger.com,1999:blog-7377742220500470187.post-69926205627126306722021-02-02T20:32:00.000+00:002021-02-02T20:32:00.804+00:00 EG 30-01-21P.51 3rd article in series about cybercrime and the effects on property. Risk of hacking into a buildings ‘smart systems’ the creation of ‘digital twins’ of a building to model maintenance cycles, the use of Blockchain to deal with maintenance etc p.53 Legal differences between Wales and England I the residential rented sector and property related taxation. The Renting Homes (Wales) Act 2016 PropertyLaw.guruhttp://www.blogger.com/profile/16576221187744254368noreply@blogger.com0tag:blogger.com,1999:blog-7377742220500470187.post-11468106419137473512021-01-23T22:30:00.005+00:002021-01-23T22:30:45.611+00:00 EG 23-01-21P.13 Surprising news that the London office market is still attracting major occupiers and record breaking rents, despite COVID P.15 Magna Capital spend £20M on proposed office to resi schemes from small investors and others, but has lost the lot! Not all office to resi is a goldmine.. P.16. Back to the office? The end of home working after the pandemic - some of the worlds biggest office PropertyLaw.guruhttp://www.blogger.com/profile/16576221187744254368noreply@blogger.com0tag:blogger.com,1999:blog-7377742220500470187.post-42154068052293501612021-01-23T21:40:00.000+00:002021-01-23T21:40:02.607+00:00 EG 16-01-21P.27 Landlord pain creates investor opportunity as funds and investors sell comm prop and private investors take it off their hands P.29 Discussion of CVAs and whether they are unfair on landlords, how a CVA will play out between creditors and the reintroduction of Crown Preference - which means VAT and PAYE etc gets paid out first, meaning £1bn lost to lender and other creditors according to UK PropertyLaw.guruhttp://www.blogger.com/profile/16576221187744254368noreply@blogger.com0tag:blogger.com,1999:blog-7377742220500470187.post-66227820254116520722021-01-14T19:03:00.005+00:002021-01-14T20:05:24.978+00:00 EG 09-01-21News  Resi planning applications have slumped over 43% over the last 2 years p.39 CVAs are damaging the high st, hurting pensioners and savers etc P.42 - What lies ahead in 2021? Reviews the legal matters and cases that will affect the estate world over the coming year. Covid clauses in leases, contracting out notices, Telecoms and the ongoing war between operators and landlords, HS2 disputes, PropertyLaw.guruhttp://www.blogger.com/profile/16576221187744254368noreply@blogger.com0tag:blogger.com,1999:blog-7377742220500470187.post-13020183225424916342020-12-14T13:49:00.004+00:002020-12-14T13:49:18.898+00:00 EG 12-12-20End of year round up of what has been happening over the year in news and numerous articles talking about the changes to retail post covid and with online sales, and possible uses for empty office and retail spaces - even ‘temporary farms’ in retail units! Good series of articles about the future of auctions, and distressed properties  P.75 Legal year round up with a Xmas theme, listing all thePropertyLaw.guruhttp://www.blogger.com/profile/16576221187744254368noreply@blogger.com0tag:blogger.com,1999:blog-7377742220500470187.post-50187868213530277802020-12-11T08:46:00.006+00:002020-12-11T08:46:24.404+00:00 EG 05-12-20P.43 Options or drawing on rent deposits when dealing with an insolvent tenant. Must read article for property litigators especially. Goes through the types of rent deposit, the triggers for drawdown, how a CVA, Administration or Liquidation affects it, etc p.45 Responses to the planning white paper and their possible effects on the planning system P.46 Dilapdations - the effect of the Pullman PropertyLaw.guruhttp://www.blogger.com/profile/16576221187744254368noreply@blogger.com0tag:blogger.com,1999:blog-7377742220500470187.post-22507042678894463602020-12-02T09:14:00.006+00:002020-12-02T09:14:25.597+00:00 EG 28-11-20P.33 interesting article touching on the way in which to structure turnover rents and online showrooming sales - the drafting is never going to be easy P.59 Allocation of social housing rules by local housing authorities - reporting on two cases where applicants were in overcrowded circumstances, and that a jewish housing provider could choose applicants from their religion and not be held to bePropertyLaw.guruhttp://www.blogger.com/profile/16576221187744254368noreply@blogger.com0tag:blogger.com,1999:blog-7377742220500470187.post-71872749254817740322020-11-27T17:14:00.003+00:002020-11-27T17:14:37.343+00:00EG 21-11-20 EG 21-11-20 Good and thought-provoking series of articles about wellbeing and the pandemic, dealing with the pressures, a survey of mental health, redundancy, personal stories, working patterns, etc. P.53 Property tax issues - VAT paid on dilapidations payments may be reclaimable! Reverse charges on VAT - to prevent fraud, in some situations set out in the article a person engaging PropertyLaw.guruhttp://www.blogger.com/profile/16576221187744254368noreply@blogger.com0tag:blogger.com,1999:blog-7377742220500470187.post-57931880959584948952020-11-19T14:57:00.000+00:002020-11-19T14:57:08.417+00:00EG 14-11-20 EG 14-11-20 P.84 Lease renewals and Covid. Looks at what Ts will want when renewing under the 54 Act given Covid - length of term, break clauses, the type of rent and rent review clause, interim rents. Etc worth reading! p.87 Break clauses and ‘vacant possession’. Looks at Capital Radio Leeds v Global Radio Services - High court decision that the failure to hand the ‘Premises’  back  as demisedPropertyLaw.guruhttp://www.blogger.com/profile/16576221187744254368noreply@blogger.com0tag:blogger.com,1999:blog-7377742220500470187.post-67157457996074347392020-11-10T10:55:00.004+00:002020-11-10T10:55:46.310+00:00 EG 07-11-20News P.24 An estimated 20,000 shops closing permanently this year, half of those as a direct result of the pandemic. Retail is likely to disperse from city centres to smaller towns and suburban areas, encouraged by more home-working. The vacant spaces might be re-purposed as local workspaces. P.85 GP-led transactions (nothing to with doctor’s surgeries btw) - This is where a sponsor of an PropertyLaw.guruhttp://www.blogger.com/profile/16576221187744254368noreply@blogger.com0tag:blogger.com,1999:blog-7377742220500470187.post-26498364184881045992020-11-04T18:35:00.001+00:002020-11-04T18:35:03.583+00:00EG 31-10-20 News Many complaints that the proposed planning reforms completely fail to mention commercial property and focusses entirely on housing. John Lewis gets PP to turn half of its flagship Oxford St store into offices!! Future of London - some great articles about what will happen to :London post covid P.52Asbestos Horror Story - Pullman v Welsh Minisetr [2020] EWHC 2521 held that ‘yielding up’ in PropertyLaw.guruhttp://www.blogger.com/profile/16576221187744254368noreply@blogger.com0tag:blogger.com,1999:blog-7377742220500470187.post-53667884914982004152020-10-22T10:56:00.002+01:002020-10-22T10:56:48.936+01:00 EG 17-10-20Newsp.15 Landlords are fighting back against Tenants - some are demanding getting the properties back rather than accepting the tenants will occupy rent free or for a low rent.p.19 - proposed rules to make Pre-packs fairer & ‘blood bath’ predicted in the hotel and hospitality sectorLegalP.52 - What options are available to landlords who find themselves with abandoned premises? PropertyLaw.guruhttp://www.blogger.com/profile/16576221187744254368noreply@blogger.com0tag:blogger.com,1999:blog-7377742220500470187.post-16345693350454310812020-10-14T20:58:00.000+01:002020-10-14T20:58:03.883+01:00 EG 10-10-20p.45 Judicial review. Richard Harwood QC argues why JR is important in planning, s.288 challenge, only happening with 1 in 2000 applications. Also discusses the recent  PDR and other proposed  planning changes. P.48 Is ‘co-retailing’ the answer - where retailers share a shop space. Whilst not new, this can be a ‘concession agreement which is a hybrid licence and commercial arrangement, which is PropertyLaw.guruhttp://www.blogger.com/profile/16576221187744254368noreply@blogger.com0tag:blogger.com,1999:blog-7377742220500470187.post-42078931556178495762020-10-06T08:36:00.002+01:002020-10-06T08:36:15.536+01:00 EG 03-10-20P.49 Racial and ethnic diversity in the workplace - looks at the equality legislation and what needs to be done to increase BAME representation P.51 The future of planning disputes. Part of the planning streamlining proposals is the White paper ‘Planning the Future’ released in August., but it is short on details, but it proposes to remove the risk of Judicial Reviews by removing imprecise and PropertyLaw.guruhttp://www.blogger.com/profile/16576221187744254368noreply@blogger.com0tag: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.com0