Development

Budget: Tax implications for real estate

Authors: Neil Warriner, Partner and Will Arrenberg, Partner, Real Estate Tax, London Apart from a couple of pieces of good news, the Autumn Budget materials published earlier today contain a number of definite and potential changes to UK tax on real … Continue reading

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Filed under Autumn Statement, Development, Planning, Real estate tax

Affordable housing viability calculations: Herbert Smith Freehills workshops on Mayor’s new guidance

Authors: Matthew White, Partner and Head of Planning and Catherine Howard, Partner, Planning, London Herbert Smith Freehills are running workshops for property developers on housing and viability, with a focus on London and interpreting the Mayor’s recently adopted guidance on viability and affordable housing. … Continue reading

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Filed under Autumn Statement, Development, Housing, Planning

The Potential Pitfalls of Overage

Author: Kate Wilson, Professional Support Lawyer, Real Estate, London Overage provisions can be complicated, and the recent case of Sparks v Biden [2017] EWHC 1994 (Ch), offers some useful reminders of the potential pitfalls that can arise when drafting overage … Continue reading

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Filed under Development, Planning

CRC Reform – Energy usage to be reported in financial statements

Authors: Julie Vaughan, Senior Associate, Environment and Carol Shutkever, Partner, Corporate, London News of what is to become of the CRC (formerly Carbon Reduction Commitment) Scheme post-2019 has finally arrived, in the form of a new Government consultation from the Department … Continue reading

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Filed under Development, Environmental law

Communal living – flexible renting within a rigid planning system

Author: James Gibson, Associate (Scotland), Planning, Real Estate, London Co-living is perhaps a concept traditionally associated with the shoestring lifestyle of students. But what about curated workspaces, well-equipped gyms or perhaps even a trip to the spa – all under … Continue reading

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Filed under Development, Housing, Planning

Corporate Real Estate: What’s Market?

Authors: Paul Chases, Partner and Head of Corporate Real Estate, Micky Yang, Senior Associate and Alex Wright, Associate, Real Estate, London “Market” and “Off-market” are two phrases that are commonly used by commercial lawyers – but what do they really … Continue reading

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Filed under Company, Development

Connected and Autonomous Vehicles – the future?

The BBC and others are today reporting the Department for Transport’s news that the Government has announced funding for a “platooning” feasibility study. This will allow up to three heavy goods vehicles to travel in convoy on motorways with their acceleration, … Continue reading

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Filed under Development, Highways, Planning

Increased scope of contractors’ design liability

Author: Michael Mendelblat, Professional Support Lawyer, Real Estate Construction and Engineering, London The Supreme Court in E.ON v MT Hojgaard has held that apparently inconsistent provisions in a design and build contract relating to standard of skill and care as against the strict … Continue reading

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Filed under Construction and Engineering, Development

Residential leasehold – time for change?

Author: Martin Dawbney, Partner, Real Estate, London At the end of July, hard on the heels of the Housing White Paper published in February, DCLG issued a Consultation Paper on “Tackling unfair practices in the leasehold market”. If you wish … Continue reading

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Filed under Development, Housing, Investment, Landlord and tenant

What impact do overseas investors have on housing supply?

Planning Resource has published an on-line article by Matthew White, Head of Planning, London, discussing the conclusions of the May 2017 report by the London School of Economics concerning the impact of overseas buyers on housing supply. For the Planning Resource article, … Continue reading

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Filed under Development, Housing, Investment, Planning