Engage is here
Hogan Lovells | Keeping It Real Estate | UK Real Estate Lawyers
by Hogan Lovells UK Real Estate
3y ago
We have moved our Real Estate content to the new Hogan Lovells platform Engage. Engage gives you the latest legal and regulatory news and provides insights and analysis for your business, from across our global network, when you need it. If you currently receive our content from this site, you would have received a Read More ..read more
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Happy News Year for Leasehold Homeowners
Hogan Lovells | Keeping It Real Estate | UK Real Estate Lawyers
by Tim Reid
3y ago
In the first working week of the New Year, Housing Secretary Robert Jenrick announced major reforms to the way that houses and flats are owned in England and Wales. The changes could affect more than 4 million leaseholders across England and Wales. The government has come under increasing pressure in recent years to tackle what has been seen as unfair practices and systems that penalise leasehold homeowners. Historically, many leaseholders have found it difficult to obtain mortgages on their homes when their leases have less than 60 years left to run, and they have had to grapple with an expen ..read more
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Powering our Net Zero Future – What does the Energy White Paper have in store?
Hogan Lovells | Keeping It Real Estate | UK Real Estate Lawyers
by Simon Keen
3y ago
The government published its Energy White Paper in December 2020, making a clear statement of its commitment to the 2050 Net Zero target and setting out a trajectory for meeting it. The proposals are wide-ranging, with various policy suggestions affecting consumers, power generation and energy transmission, energy consumption in buildings and their energy efficiency, industrial energy uses and the oil and gas sector. Inevitably, a lot of the detail is to be fleshed out and it looks like 2021 will be a busy year for government consultations! Here are the key points for real estate investors and ..read more
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Ten CIL lessons 2020
Hogan Lovells | Keeping It Real Estate | UK Real Estate Lawyers
by Rosie Shields and Harry Macgregor
3y ago
We are now – thankfully – firmly out of 2020 and in the hands of 2021. Although reviewing the past year may not initially seem an appealing prospect, it is nonetheless a worthwhile one. 2020 delivered some important takeaways for advisers and developers for the coming year – particularly so in the realm of the Community Infrastructure Levy (“CIL”). We have, therefore, compiled our top ten CIL lessons from the many appeal decisions and judgments published in 2020. Personal circumstances cannot be considered in a CIL appeal. In this case, the appellant said she had not assumed liability or subm ..read more
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Important changes to DAC6 regime in the UK
Hogan Lovells | Keeping It Real Estate | UK Real Estate Lawyers
by Adam Parry and Elliot Weston
3y ago
Speedread The UK has made important changes to its implementation of the EU Mandatory Tax Disclosure Rules known as DAC6. The changes, which significantly reduce the scope of the rules in the UK, are largely good news for UK taxpayers and their advisers. The effect is that DAC6 reports will be required more rarely from intermediaries or taxpayers in the UK. This applies both on an ongoing basis and to the ‘look-back’ period of reporting for arrangements where the first step of a reportable cross-border arrangement was between 25 June 2018 and 1 July 2020. In the short term, however, there is l ..read more
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Engage is coming soon
Hogan Lovells | Keeping It Real Estate | UK Real Estate Lawyers
by Jane Dockeray and Ingrid Stables
3y ago
Hogan Lovells is changing how we deliver our Real Estate content. On January 18 we will be moving the Keeping it Real Estate blog to a new technology platform: Hogan Lovells Engage. You’ll soon receive an email with details on how to join us on Engage to continue to stay up-to-date on the latest developments in Real Estate. We look forward to seeing you there ..read more
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UK COVID-19: Government announces “final” extension to protections for commercial tenants
Hogan Lovells | Keeping It Real Estate | UK Real Estate Lawyers
by Benjamin Willis
3y ago
The government has today announced that it will be extending the current protections that have been afforded to commercial tenants as a result of the COVID-19 pandemic, for one final time. What are the current protections? Since the outbreak of the COVID-19 pandemic, the government has repeatedly extended temporary prohibitions on landlords taking certain enforcement action against tenants. The last extension to these prohibitions occurred in September, and you can read our blog from September here. Commercial tenants currently benefit from a number of COVID-19 focused protections including ..read more
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The Use Class that keeps on giving
Hogan Lovells | Keeping It Real Estate | UK Real Estate Lawyers
by Hannah Quarterman and Harry Macgregor
3y ago
Just when you thought that no more excitement could happen in the planning world, the government has launched a consultation seeking views on potentially far reaching proposals to allow a change of use from any Commercial, Business and Service (the new Class E) to residential (Class C3). This would allow any property falling within Class E on 1 September 2020 to change to residential property without requiring planning permission, although not vice versa. Vibrant town centres and the COVID-19 response The new Class E only came into effect 1 September 2020 and spans a significant range of uses ..read more
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What’s happening with the Retail Prices Index and why?
Hogan Lovells | Keeping It Real Estate | UK Real Estate Lawyers
by Jane Dockeray, Chris Somorjay and Ingrid Stables
3y ago
Speedread: Alongside Wednesday’s Spending Review, the government and the UK Statistics Authority (UKSA) have published their response to the recent consultation on reform to the RPI. The outcome to the consultation states that “it is UKSA policy to address the shortcomings of the RPI in full at the earliest practical time”.  The earliest the proposed changes can legally and practically be made by UKSA will be February 2030. The RPI is described as the oldest measure of consumer prices in the UK and is used widely across the economy and in financial contracts. However, for some time the go ..read more
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A Conclusive Conclusion for Service Charge Certificates?
Hogan Lovells | Keeping It Real Estate | UK Real Estate Lawyers
by Mohammed Alam
3y ago
In a case that will be welcomed by landlords, the Court of Appeal has ruled that a service charge statement was conclusive both as to the landlord’s costs and the scope of the services. Background The case concerned Blacks, the outdoor retailer, who was the tenant under a commercial lease. Under the service charge clause: the landlord was obliged to calculate “the total reasonable and proper cost” it incurred in providing various services; Blacks was obliged to pay a “fair and reasonable proportion” of the total cost; and the landlord was obliged to provide a service charge certificate detail ..read more
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