What developers and planners need to know about autonomous vehicles

Developers and planners need to start preparing now for the future impacts of autonomous vehicles, Matthew White suggests in his article for Planning Magazine, published on Friday 15 December 2017.  The article takes the form of a Q&A with Matthew answering the following questions: What support are the government and the private sector providing for … Read more

Affordable Housing: Back to Basics

This post has been superseded by a new post assessing affordable housing under the revised National Planning Policy Framework published in July 2018 and the draft New London Plan showing Minor Suggested Changes published in August 2018. See here for the new post. “Affordable housing” – two words that those working in the property and planning world can hardly … Read more

Budget: Tax implications for real estate

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 estate which could impact on pricing going forward. The good news in the residential sector is undoubtedly the headline-grabbing reduction in SDLT for first-time buyers. The … Read more

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

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.  In our workshops we run through a case study with actual calculations showing how viability reviews work under the Mayor’s new formulae. Please contact us for … Read more

The Potential Pitfalls of Overage

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 agreements and the scope of the Court’s ability to imply terms into a contract.  In this article we examine the issues that can arise … Read more

CRC Reform – Energy usage to be reported in financial statements

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 of Business, Energy and Industrial Strategy (BEIS) issued on 12th October 2017*: the obligation to buy allowances to cover energy usage will cease and be replaced by an increase … Read more

Communal living – flexible renting within a rigid planning system

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 the same roof?  New flexible living models have already started to spawn across London.  In this post, we look at how law and policy are … Read more