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
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Covered Transactions ,
Critical Infrastructure Sectors ,
Foreign Investment ,
Investment ,
Legislative Agendas ,
National Security ,
Power Infrastructure ,
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Regulatory Reform ,
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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
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
The Court of Appeal has held that right to rent checks are not unlawful under the Human Rights Act, reversing a decision of the High Court. The Court held that the scheme was a “proportionate means of achieving its legitimate...more
The real estate sector will welcome the stability, at least in the short term, that such a decisive election result brings. Jackie Newstead, our Global Head of Real Estate, predicts a post-election bounce in investment...more
On 15 October, the government published a consultation on tightening minimum energy efficiency standards (MEES) for commercial properties.
...more
Did you know that prior to 20 March 2019 there wasn’t an automatic legal right for tenants to live in a home fit for human habitation? That is no longer the case following the advent of the Homes (Fitness for Human...more
In our blog on 4 April 2018, we encouraged interested parties to input into the RICS consultation on its professional statement, Code for leasing business premises, 1st edition. With the status of a professional statement,...more
Hogan Lovells quarterly newsletter on legal topics relevant to the UK real estate industry.
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Real Estate Horizons is a snapshot of key legal topics and market trends across the globe. This post higlights the importance of IP rights in this sector. With property developments increasingly focusing on experience and...more
4/10/2019
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Energy Efficiency ,
EU ,
Intellectual Property Protection ,
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Italy ,
Opportunity Zones ,
Property Tax ,
Real Estate Market ,
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Student Housing ,
Tokenization ,
UK ,
UK Brexit
More people each year are turning to specialist retirement homes. Typically, a resident will purchase a long lease for a capital sum but these long leases can also require the owner to pay “event fees” when certain events...more
Tasked with reinvigorating commonhold, the Law Commission has published a consultation on its proposals to make commonhold a workable alternative to leasehold, for both existing and new homes....more
We blogged previously about the government’s proposed reforms banning the granting of new residential long leases of houses and setting ground rents at a notional figure. ...more
A challenge to the government’s right to rent measures began yesterday (6 June) when permission was granted to the Joint Council for the Welfare of Immigrants (JCWI), a charity, to proceed with a judicial review challenge. A...more