Posted by Peter Foskett, Partner
To read the report from the Competition & Markets Authority (“CMA”) and see that the CMA understands the plight of so many leaseholders and the urgency to address their problems will give much needed comfort to them.
Posted by Peter Foskett, Partner
A question frequently asked by landowners is what is the difference between an option agreement and a promotion agreement? And which should they enter into?
Posted by Peter Foskett, Partner
For landowners who own land with development potential, preventing the creation of public and private rights of way over land by long user is always an issue. Such rights can devalue the development potential, or even make development unrealistic when small sites are concerned.
Posted by Peter Foskett, Partner
Promoters have become an established part of the world of development. By entering into an agreement (known as a Promotion Agreement) with them landowners can use the skill, knowledge and funds of an experienced developer to obtain planning permission for their land, even if not currently earmarked for development.
Posted by Peter Foskett, Partner
As a landowner, when you enter into a contract with a developer – whether it is an option agreement, promotion agreement, land development agreement or a hybrid of these – you do so in the expectation that they will largely fulfil their obligations without the need to go to law to enforce them. But what if they do not?
Posted by Peter Foskett, Partner
The Government has recently published its draft revised National Planning Policy Document and is consulting on it until 10th May. It sees this revised policy as a key step towards achieving its goal of 300,000 new homes being built every year. It seeks to make a number of important changes and a few key ones are highlighted in this article.
Posted by Peter Foskett, Partner
If you are an existing investor in commercial property, you will probably be very familiar with the Energy Efficiency Regulations 2015 and will have taken all appropriate steps to lessen their potential impact. If you haven’t or you are considering a property investment, then this may be for you.
The Regulations, officially titled Energy Efficiency (Private Rented Property)(England and Wales) Regulations 2015, begin to bite in relation to the letting of commercial properties on 1 April 2018.