Welcome to the latest edition of MoFoReal, our newsletter highlighting recent activities and other developments in MoFo’s European Real Estate team. In this edition, we consider the risk that power procurement poses to UK...more
Inflation in the United Kingdom is measured using various indices by reflecting the period-to-period proportional change in the prices of a fixed set of consumer goods and services of constant quantity and characteristics,...more
Having recently come into force on 23 January 2023, the Fire Safety (England) Regulations 2022 (‘FSR’) impose fresh obligations on the ‘responsible person’ (‘RP’) of existing multi‐occupied residential buildings. This is...more
Welcome to the latest edition of MoFoReal, our newsletter highlighting recent activities and other developments in MoFo’s European Real Estate team. In this edition, we provide an overview of recent case law on appropriation...more
The highly anticipated Environment Bill received royal assent on 9 November 2021, as part of the UK Government’s strategy to protect and improve our environment....more
Welcome to the latest edition of MoFoReal, our newsletter highlighting recent activities of and other developments in MoFo’s European Real Estate team. In this edition, we consider the impact of the war in Ukraine on the...more
In the wake of Russia’s invasion of Ukraine, the UK government has brought forward legislation that aims to crack down on foreign owners laundering dirty money through UK property and make it easier for law enforcement...more
Welcome to the latest edition of MoFoReal, our newsletter highlighting recent activities and other developments in MoFo’s European Real Estate team. In this edition, MoFo’s London real estate finance lawyers take a look back...more
Welcome to the latest edition of MoFoReal, our newsletter highlighting recent activities and other developments in MoFo’s European Real Estate team. We hope you enjoy it and would really appreciate your feedback and...more
9/29/2021
/ Affordable Housing ,
Arbitration ,
Commercial Leases ,
Coronavirus/COVID-19 ,
EU ,
Landlords ,
Libor ,
Rent ,
Sterling Overnight Index Average (SONIA) ,
Tenants ,
UK
As you may have read in our previous bulletins (UK Government Provides Extra Protection for Businesses with Ban on Evictions for Commercial Tenants Who Miss Rent Payments, COVID-19: Key Considerations for UK Commercial...more
The UK Government announced yesterday (7 January 2021) that leaseholders will be given the right to extend their leases by a maximum term of 990 years at zero ground rent. This announcement forms part of the biggest reform of...more
When considering options for the recovery of outstanding rent, landlords should remember that, in addition to recourse via an existing guarantor or a rent deposit, another avenue available to them in these challenging times...more
On 2 April 2020, we released an alert with guidance on how to sign English law documents and deeds during lockdown. The Law Society and HM Land Registry recently published updated guidance on the use of virtual execution and...more
Further to our article published on 1 May 2020 around Key Considerations for UK Commercial Landlords in light of COVID-19, we have seen, over the past weeks, a number of important updates in the real estate sector in an...more
On 23 April 2020, the UK Government announced that they will be implementing additional measures to protect tenants against aggressive debt recovery actions by landlords during the coronavirus pandemic. In addition to the...more
With the United Kingdom officially on government-mandated lockdown and the vast majority of people ordered to work from home, the logistics of executing documents have become increasingly difficult. Signatories may not have...more
On 23 March 2020, in response to business disruptions caused by the spread of the coronavirus (“COVID-19”), the UK Government announced that commercial tenants who cannot pay their rent because of COVID-19 will be protected...more