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Residential Leases United Kingdom Real Estate Development

Hogan Lovells

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

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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

Hogan Lovells

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

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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

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

BCLP

The evolution of Property Management Agreements in the Build to Rent sector

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Property Management Agreements (“PMAs”) have been around for years and typically follow the same format. However, the growth of the Build to Rent (“BTR”) sector has caused a re-think of the “usual” terms to ensure it reflects...more

Hogan Lovells

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

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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

Hogan Lovells

'Easier to recognise than define' - English Court of Appeal considers "practical completion" for the first time in fifty years

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The Court of Appeal in Mears Limited v Costplan Services (South East) Limited & Ors [2019] EWCA Civ 502, in a judgment published on 29 March 2019, has considered the meaning of "practical completion" in an authoritative...more

Hogan Lovells

10 things you need to know about MEES and residential property

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The Energy Efficiency (Private Rented Property) (England and Wales) Regulations 2015 (“MEES Regulations“) introduced the Minimum Energy Efficiency Standards (“MEES“), which aim to encourage landlords to improve the energy...more

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