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?
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.
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.
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.
In August, the Mayor of London published new Supplementary Planning Guidance aimed at increasing the levels of affordable housing being built.
Land that has or may have development potential in the future could be at risk from members of the public or adjoining land owners claiming they have acquired rights over the land. Here we explore the steps that you as the landowner can take in order to protect your property.
Do you own land that has development potential now or in the future? One important lesson is to assume that anything and everything will be challenged by those seeking to prevent development.