News & Analysis as of

Leaseholds United Kingdom Landlords

BCLP

Briefcase 2024 Quarter 3: Key Real Estate Cases and Updates

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Case 1: The Manchester Ship Canal Company Ltd v United Utilities Water Ltd - The United Utilities sewerage network has around 100 ‘outfalls’ from which material emanating from sewers, sewage treatment works and pumping...more

International Lawyers Network

Buying and Selling Real Estate in England and Wales (Update)

KEY FACTS OF REAL ESTATE ACQUISITIONS UNDER BRITISH LAW - 1. Introduction - Historically, there has been significant investment by overseas individuals and corporations in real estate in England and Wales and in...more

BCLP

Longer Leases, Lower Ground Rents and Leasehold Liberation: Residential Reforms in the King’s Speech Explained

BCLP on

The King’s speech announced a new Leasehold and Freehold Reform Bill ‘to reform the housing market by making it cheaper and easier for leaseholders to purchase their freehold and tackling the exploitation of millions of...more

International Lawyers Network

Buying and Selling Real Estate in England and Wales (Updated)

KEY FACTS OF REAL ESTATE ACQUISITIONS UNDER BRITISH LAW - 1. Introduction - Historically, there has been significant investment by overseas individuals and corporations in real estate in England and Wales and in...more

Hogan Lovells

Fire Safety: UK Tribunal makes first remediation contribution order

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The First Tier Tribunal (Property Chamber) has made the first remediation contribution order under the Building Safety Act 2022. The Tribunal ordered a landlord to repay amounts paid by the leaseholders of a multi-let...more

Hogan Lovells

UK Upper Tribunal confirms another gap in the Telecoms Code - the problem with concurrent leases

Hogan Lovells on

The Upper Tribunal (Lands Chamber) (“UT”) has considered how termination and renewal provisions in the 2017 Electronic Communications Code (the “Code”) can operate when a site provider has granted a concurrent lease to a...more

Hogan Lovells

UK landmark reforms in the private rented sector

Hogan Lovells on

Residential property reform is high on the government's legislative agenda as announced in this week's Queen's Speech.  Proposed changes to the rental market include banning the so-called no-fault evictions, a commitment to...more

Hogan Lovells

Leasehold reform in the UK: The end of residential ground rents is now imminent

Hogan Lovells on

The abolition of ground rents in residential leases in England and Wales is to come into force from 30 June 2022 under the new Leasehold Reform (Ground Rent) Act 2022....more

International Lawyers Network

Buying and Selling Real Estate in England and Wales (Updated)

KEY FACTS OF REAL ESTATE ACQUISITIONS UNDER BRITISH LAW - 1. Introduction - Historically, there has been significant investment by overseas individuals and corporations in real estate in England and Wales and in...more

Hogan Lovells

UK government legislates to make residential ground rents a thing of the past

Hogan Lovells on

On 8 February 2022, the Leasehold Reform (Ground Rent) Act 2022 received Royal Assent, effectively outlawing ground rents in residential leases in England and Wales once the legislation comes into force....more

Hogan Lovells

The new ‘estate’ of play: Supreme Court limits the management functions of Right to Manage companies.

Hogan Lovells on

The Supreme Court has held that Right to Manage Companies acquire the right to manage the premises/flat itself and any physical property over which leaseholders have exclusive rights, but do not acquire rights to manage wider...more

Hogan Lovells

Residential property reform by UK government: Goodbye to ground rents

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In the first part of a long-heralded suite of reforms to leasehold property law in England & Wales, the UK government has introduced a draft Bill which is intended to consign to history ground rents under leases of flats and...more

Latham & Watkins LLP

High Court Rejects New Look Landlords’ CVA Challenge in Landmark Decision

Latham & Watkins LLP on

The decision confirms that company voluntary arrangements remain a flexible tool for restructuring leasehold portfolios. Key Points: The judge rejected each of the landlords’ arguments, confirming that: ..A CVA...more

International Lawyers Network

Buying and Selling Real Estate in England and Wales

KEY FACTS OF REAL ESTATE ACQUISITIONS UNDER BRITISH LAW - 1. Introduction - Historically, there has been significant investment by overseas individuals and corporations in real estate in England and Wales and in...more

Hogan Lovells

Game, set and match for leasehold housing and ground rents: Government responds to its consultation on leasehold reform

Hogan Lovells on

Last week saw a volley of government announcements for the private rented sector and investors in leasehold residential property.  At the Chartered Institute of Housing Conference on 27 June, Prime Minister Theresa May and...more

International Lawyers Network

Buying and Selling Real Estate in England, Wales, and North Ireland

KEY FACTS OF REAL ESTATE ACQUISITIONS UNDER BRITISH LAW. Introduction - Historically, there has been significant investment by overseas individuals and corporations in real estate in England and Wales and in particular in...more

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