The Renters’ Reform Bill represents a significant overhaul of the private rented sector (PRS) in England & Wales, marking the most substantial changes in 30 years. In June 2022, the government released a white paper, A Fairer Private Rented Sector, detailing its proposals. Following the King’s coronation, the government confirmed that […]
Signet Trading Limited v Fprop Offices (Nominee) 4 Limited and Fprop Offices (Nominee) 5 Limited. Final Award based on the preliminary issue of whether there is a “protected rent debt” under Section 3 of the Commercial Rent (Coronavirus) Act 2022 BACKGROUND The Commercial Rent (Coronavirus) Act 2022 (“Act”) offers relief […]
Property transactions in India are generally considered to be complicated owing to different local laws that might apply. They also can take time, leading to increased expense. For these reasons, individuals residing in the UK who want to dispose of or buy a property in India are often hesitant about […]
Implications on UK Real Estate & Foreign Ownership The key provisions of the Economic Crime (Transparency and Enforcement) Act (the Act) discussed below came into force on 15th March 2022 Implementation of the Act and the establishment of the new Companies House register for beneficial owners of foreign entities owning UK […]
On 27 October 2021, as part of its Autumn 2021 Budget, the UK government confirmed the introduction of a new Residential Property Developer Tax (RPDT), which is set to come into effect from 1 April 2022. The RPDT will be charged at a rate of 4% and will be levied […]
Pandemic causes changes to eviction notice periods In 2020, the world plunged into the Coronavirus pandemic which has caused an array of different problems in numerous areas of the legal sector. A key issue that this article touches upon is how tenant eviction notices in the residential section would work […]
Rent reviews are an inevitable consequence of letting a commercial property. When handled appropriately, it can be beneficial for both parties. An expert assisting with the process reduces the likelihood of any disputes and is a more cost-effective option than hiring a professional arbitrator or taking the matter to court. […]
Buying property in India – RERA Act Over the past 20 years, India has seen exponential growth in the housing sector, especially in the urban to semi-urban areas. Scores of new developments have been built across the country with creation of new cities and townships. The housing ranges from apartments […]
Restrictive Covenants: How they impact Homeowners and how to challenge them WHAT IS A RESTRICTIVE COVENANT? A restrictive covenant appears on your property deed or may be highlighted in your sale and purchase contract as binding and enforceable conditions listing impermissible activities in relation to your property. This could significantly […]
