Amid strong industry objection to its proposed rental auctions scheme for vacant high street premises, the government has launched an open consultation to seek views on matters that will form part of the scheme, first...more
The Financial Conduct Authority (FCA) has published a consultation paper on the levels of insurance commissions and the practice of brokers sharing commissions with landlords and/or property managers when arranging buildings...more
With governments across the globe warning that action is urgently needed to diminish global warming and address the climate crisis, we look at the response of the EU, UK and US, with a focus on real estate. Climate damage is...more
4/13/2023
/ Climate Change ,
Environmental Policies ,
Environmental Social & Governance (ESG) ,
EU ,
Investment Tax Credits ,
Popular ,
Production Tax Credit ,
Real Estate Investments ,
Real Estate Market ,
Renewable Energy ,
Tax Incentives ,
UK
It’s almost impossible to escape stories of rocketing inflation and increasing costs globally. The development industry isn’t immune to these pressures but is there more to this trend than the increased cost of materials? ...more
The International Energy Agency has said the world faces its first “truly global energy crisis” as a result of Russia’s invasion of Ukraine and the subsequent restriction of supply of Russian gas. Here is how the UK, Germany,...more
Trustees which are UK resident, have UK assets or income which trigger a UK tax liability or directly acquire UK land on or after 6 October 2020 will generally have to register the trust with HMRC's Trust Registration Service...more
The Financial Conduct Authority has published a long-awaited consultation paper on a new regime of sustainability disclosure requirements and investment labels for the UK....more
The last year has seen a huge amount of change, both politically and economically, which has also been reflected in a constant array of new government policies. What is coming down the line in terms of new legislation in 2023...more
2/1/2023
/ Building Standards ,
Consultation ,
Housing Market ,
New Legislation ,
Pending Legislation ,
Real Estate Development ,
Real Estate Market ,
Redevelopment ,
Sustainability ,
UK ,
Urban Planning & Development
The transitional period for the Economic Crime (Transparency and Enforcement) Act 2022 will end on 31 January. This is in eleven days’ time. Read on to find out what this means in practice for overseas entities dealing with...more
When the UK government pushed the Economic Crime (Transparency and Enforcement) Act through Parliament at breakneck speed earlier this year, it always made clear that it had plans for a second, complimentary piece of...more
After some years in the making, the UK register for overseas entities finally opened at Companies House on Monday 1 August 2022. Overseas entities that own registered land in the UK are now required to register at Companies...more
As part of its levelling-up agenda, on 16 June 2022 the government published its long awaited white paper on the reform of the private rented sector. Proposed changes include banning so-called no-fault evictions whilst...more
Trustees holding UK real estate must generally register the trust with HMRC following the extension of the Trust Registration Service. The TRS was launched in 2017 by the UK government as part of its implementation of the...more
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
Despite industry objection to the government's proposed rental auctions scheme for vacant high street premises, the government has published draft legislation aimed at doing exactly that. ...more
The Economic Crime Act, which received Royal Assent on 15 March 2022, will require overseas entities that are owners or leaseholders of land in the UK to register at Companies House and provide information about their...more
In a post pandemic world which has seen a seismic shift in living and working habits, it is no secret that the government wants to update the planning system. Whilst we wait for Gove's "transformative" Levelling Up and...more
As long ago as 2015, then Prime Minister David Cameron announced his determination to tackle “dirty money” in UK property. A lot of water has flowed under the political bridge since then but the invasion of Ukraine by Russian...more
Views are being sought by the UK government on proposals by the Law Commission to extend the collective right to buy (“collective enfranchisement”) and manage mixed use blocks. Key changes include extending enfranchisement...more
The National Security and Investment (NSI) regime has gone fully live in the UK this week. Get up to speed on how it will impact your acquisitions and investments. Deals in a broad range of sectors may face scrutiny and...more
The data center market is rapidly gaining strength worldwide but with the inherent energy demands, the sector is increasingly focussed on targeting renewable energy.
ESG is the topic of the moment for all sectors and data...more
Watch out for the National Security and Investment Act which has now received royal assent although it is still not expected to come fully into force until this Autumn due to the amount of secondary legislation that needs to...more
4/30/2021
/ Corporate Sales Transactions ,
Covered Transactions ,
Critical Infrastructure Sectors ,
Foreign Investment ,
Investment ,
Legislative Agendas ,
National Security ,
Power Infrastructure ,
Real Estate Investments ,
Regulatory Reform ,
Telecommunications ,
UK
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...more
The Supreme Court has handed down judgment today in an eagerly awaited case on restrictive covenants and affordable housing. It is the first time that the Supreme Court has considered a case on the modification of restrictive...more
Boris Johnson has now changed the focus from staying at home to staying alert. What does this mean for landlords who need to create a COVID-safe environment? How does this look in practice? And who pays?...more