UK National Security and Investment Act – in force today

The post below was first published on our Real Estate blog. The UK National Security and Investment Act 2021 comes into force today, 4 January 2022.  Although the majority of real estate transactions are unlikely to give rise to national security concerns the potential application of the new regime must be considered as the consequences … Read more

New Residential Property Developer Tax (RPDT) – technical consultation

The post below was first published on our Real Estate Development blog. Update 27 October 2021 – At the Autumn Budget and Spending Review 2021, the Chancellor of the Exchequer confirmed that the RPDT will be charged at 4% on profits exceeding an annual allowance of £25 million. For more see our Autumn Budget blog … Read more

Building Safety Bill – Reforming the development landscape

The post below was first published on our Real Estate Development blog. As we outlined in our previous blog on the Building Safety Bill this significant piece of legislation will effect a wholesale change to the planning and construction regime for residential developments, with a focus on increased accountability for all of those involved in … Read more

Building Safety Bill – Reforming the development landscape

The post below was first published on our Real Estate blog. As we outlined in our previous blog on the Building Safety Bill this significant piece of legislation will effect a wholesale change to the planning and construction regime for residential developments, with a focus on increased accountability for all of those involved in the … Read more

Consultation on proposed Building Safety (Gateway 2) Levy

The post below was first published on our Real Estate blog In July, we wrote about the coming into force on 1 August 2021 of Planning Gateway One, the first of three new stop/go “Gateways” within the new building safety regime. At that point we awaited details of the proposed “Gateway Two Levy”, the second … Read more

Published – Revised NPPF and National Model Design Code

The post below was first published on our Real Estate blog In February, we wrote about the government’s consultation on proposed revisions to the National Planning Policy Framework (NPPF) and the National Model Design Code (NMDC), raising concerns which were echoed by many others about the incorporation into national planning policy and guidance of a … Read more

Leasehold reform: Ground Rent Bill gains some much needed clarity

The post below was first published on our Real Estate blog On 20 July 2021, the House of Lords’ marshalled list of amendments (the Lords Report) on the Leasehold Reform (Ground Rent) Bill (the Bill) was published. This provided some much needed amendments to the Bill which was first introduced on 13 May 2021 and … Read more

Upcoming building safety deadlines – RPDT consultation and Planning Gateway One

The post below was first published on our Real Estate blog Back in April, we wrote about a consultation on a new proposed tax on residential property developers, the Residential Property Developer Tax (RPDT). This consultation closes on 22 July 2021, so there is still time to respond. Developers of certain types of high-rise residential … Read more