It’s “Love your High Street Week”! So, what better way to start the week than to consider two significant legal reforms announced by the government last week, that are intended to boost and revitalise the High Street...more
11/19/2024
/ Auction ,
Commercial Leases ,
Commercial Property Owners ,
Commercial Tenants ,
Energy Efficiency ,
Rent ,
Rental Property ,
Retailers ,
Tax Rates ,
UK ,
Vacant Properties
The Economic Crime and Corporate Transparency Act 2023 (ECCTA) received Royal Assent on 26 October 2023, with the provisions of ECCTA to be brought in by secondary legislation in stages throughout 2024 and 2025....more
In September, ahead of the Conservative party conference, Rishi Sunak announced a step back from the Government’s net zero policy and targets. This was followed up last week by the Government’s formal response to the Climate...more
11/3/2023
/ Asset Management ,
Climate Change ,
Commercial Real Estate Market ,
Disclosure Requirements ,
Energy & Climate Debates ,
Energy Efficiency ,
Energy Sector ,
Environmental Social & Governance (ESG) ,
Financial Conduct Authority (FCA) ,
Green Buildings ,
Greenwashing ,
Investors ,
LEED Certified ,
Net Zero ,
Political Parties ,
Regulatory Agenda ,
Sustainability ,
Sustainable Business Practices ,
Sustainable Finance ,
UK
On 17 August 2023, the government published details of the design, construction and occupation regimes which will be introduced for higher-risk buildings, coming into effect on 1 October 2023. Those affected should...more
The Register of Overseas Entities launched nearly a year ago on 1 August 2022. The Register was established as a measure to increase transparency in the ownership of overseas entities that own UK land....more
MEES Regulations have meant that since 1 April 2020 landlords of residential property have been prohibited from letting out properties below a minimum EPC rating of E unless they have registered an exemption. With the last...more
1 April 2023 sees the last step in the MEES phase 1 journey come to fruition – meaning that (with limited exceptions) you cannot continue to let sub-standard property (that has an EPC rating below an E) without registering an...more
3/30/2023
/ Building Standards ,
Climate Change ,
Commercial Real Estate Market ,
Consultation ,
Energy Efficiency ,
Exemptions ,
Landlords ,
Net Zero ,
Property Owners ,
UK ,
White Papers
Welcome to Banking Bites! This is our short summary flagging key developments in the UK that we hope will inform your activities in your market....more
8/2/2022
/ AML/CFT ,
Banking Sector ,
Banks ,
Corporate Governance ,
Cryptoassets ,
Economic Sanctions ,
Environmental Social & Governance (ESG) ,
Financial Conduct Authority (FCA) ,
Financial Crimes ,
Financial Stability Board ,
Serious Fraud Office (SFO) ,
Small and Medium-Sized Enterprises (SMEs) ,
UK
The Government has now announced that it intends to launch the Register of Overseas Entities at Companies House (“ROE”) on 1 August 2022. We await formal confirmation (in the form of a commencement order) but we anticipate...more
7/21/2022
/ Beneficial Owner ,
Compliance Dates ,
Enforcement ,
Financial Crimes ,
Foreign Entities ,
Freehold Estates ,
Leaseholds ,
Real Estate Investments ,
Registration Requirement ,
Transparency ,
UK
German civil law differentiates between residential and commercial leases (Mietvertrag) and leaseholds (Pachtvertrag). Residential or commercial leases are more common than leaseholds: they grant the tenant a right to use the...more
5/19/2022
/ Civil Code ,
Commercial Leases ,
Commercial Real Estate Market ,
Contract Terms ,
Germany ,
Hotels ,
Lease Term ,
Leaseholds ,
Leases ,
Market Rate ,
Rent ,
Residential Leases ,
Residential Real Estate Market ,
UK
The draft Economic Crime (Transparency and Enforcement) Bill, published on 28 February 2022 and following an expedited passage through Parliament, received Royal Asset on 15 March 2022 to become the Act. Some of the...more
In what ways can ownership in Real Estate be acquired?
In Germany -
The most common way to obtain ownership in German real estate under German Law is in the form of absolute ownership. Pursuant to statuary law, absolute...more
2/23/2022
/ Commercial Real Estate Contracts ,
Contract Terms ,
Foreign Investment ,
Germany ,
Leaseholds ,
Popular ,
Property Ownership ,
Property Tax ,
Purchase Agreement ,
Real Estate Brokers ,
Real Estate Investments ,
Real Estate Transfers ,
UK
The new National Security and Investment Bill, which aims to provide the Government with the necessary powers to scrutinise and intervene in business transactions to protect national security, will introduce a mandatory...more
On 27 July 2020 the Land Registry in England & Wales updated its guidance to confirm that they will, for the foreseeable future, accept e-signed documents/deeds including on transactions that trigger a change to the register,...more
We have had a number of landlord and tenant clients reaching out to us requesting guidance on the consequences of the current Covid-19 outbreak and the announcement that cafés, bars, restaurants and pubs need to close, hot on...more
In response to the coronavirus outbreak in the UK the Government has announced a new temporary permitted development that will allow pubs and restaurants to trade as hot food takeaways without needing planning permission for...more
Q: As the number of confirmed Covid-19 cases grows across the globe and home working becomes more prevalent, how can you try to ensure that real estate transactions continue to happen?
A: Consider using a dedicated...more
We were delighted to host the Local Data Company’s 20th Retail & Leisure Trends Summit on 26 September. Once again, the afternoon offered a great insight into the sector’s performance for the first half of 2019 from Lucy...more
At the beginning of September the Law Commission published its long awaited report on e-signatures, the follow up to its 2018 consultation. The report was commissioned to consider whether there are problems with the law...more
Technology is rapidly changing the way in which business is done. Consumers are growing used to an on demand service – whether that is in relation to their banking, shopping or leisure time. Arguably the B2B world, including...more