The SRA Code of Conduct 2011 forms part of the Solicitors Regulation Authority Handbook. The Code is to be adhered to by all lawyers – both in-house and in private practice. Sometimes it’s good to have a timely reminder of aspects of the Code which you don’t necessarily come across that often. Of particular interest … Read more
Kate Wilson and Lucy Morton, lawyers in the Real Estate and Planning teams at HSF, provide a summary of the importance of marking documents with the words ‘subject to contract’ when entering a real estate transaction or joint venture arrangement, as discussed in the recent Court of Appeal case of Generator Developments v Lidl UK … Read more
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 to make your voice heard prompt action is needed – the period for responses expires on 19 September. The main points which … Read more
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, please see here or contact us. The LSE report finds that London attracts a significant … Read more
Author: Simon Elliott, Senior Associate, Real Estate, London A number of recent transactions where we have acted for banks and lenders have emphasised that care needs to be taken by developers at the outset of a project when buying into or putting in place a leasehold structure of the site. We have seen how important … Read more
Author: Paul Chases, Senior Associate, Corporate Real Estate, London and Alex Wright, Associate, Corporate Real Estate, London In an article published in Property Week on 2 March 2017, Paul Chases and Alex Wright of our corporate real estate team discuss the potential benefits for real estate investors of the proposed introduction of Private Fund Limited Partnerships ("PFLP"s), … Read more
Author: Neil Warriner, Partner, Real Estate Tax, London From a real estate tax perspective, the Autumn Statement was a bit of a damp squib, but confirmation of a couple of well-trailed changes to restrict relief for interest costs and the use of carried-forward losses for corporation tax purposes, together with one apparently innocuous announcement of … Read more
Author: Paul Chases, Senior Associate and Head of Corporate Real Estate, London In the UK property market one investment or development project can vary considerably from another. However, the prevailing feature that many such projects share is the corporate real estate joint venture (the "JV"). The JV has become central to investment and development activity undertaken by … Read more
