Unlike the 1954 Act, the commercial leasing market is constantly evolving and the extent to which the Court takes into account market practice is often uncertain. The recent decision of Dukeminster Limited v West End Investments (Cowell Group) Limited provides guidance on the Court's approach to rent free periods for fitting out works and the common market practice of upwards only rent reviews.
It highlights the consequences of not providing detailed factual evidence and parties should take care when deciding if a term in a lease is important enough to go to Court.
“Part of a development site I am acquiring is Common Land. What does this mean and how could it impact on my plans for redevelopment?”
Armistice Day and Remembrance Day on 11 November 2018 not only prompts us to remember and honour those who sacrificed their lives in war but also provides us with an opportunity to look back on the impact that the end of the war had on the laws that were subsequently passed and which fundamentally changed the way that England and Wales were governed thereafter.
The fourth annual Palmer Capital Poker Tournament kicked off last Thursday at the Haymarket Hotel in London’s fashionable West End. With some commentators attributing the European Poker Tour’s 2017 hiatus and subsequent refresh to ever increasing competition from the PCPT, anticipation was high for an evening of glitz, glamour and fast-paced poker action. Over 70 industry heavyweights attended the Forsters sponsored bash, including representatives from Rockspring, Savills, Knight Dragon and SEGRO alongside many others.
On Thursday 8th November, members of the Forsters’ Property Litigation team (plus one ringer) attended the Property Litigation Association’s Autumn Training Day. Held at the Royal Society of Medicine, there was a good turnout of the country’s finest property litigators gathered to hear talks on a wide range of topics.
Approximately 85% of land in England and Wales has been registered at HM Land Registry (the "Land Registry"), amounting to 25 million titles.
The advent of short-term letting arrangements through online platforms such as Airbnb has presented a challenge to landlords of residential buildings with concerns about the impact of such lettings.
On the 1st of December 2013, Amazon.com CEO, Jeff Bezos revealed his plans for Amazon Prime Air – an unmanned drone delivery service - in an interview on CBS news programme, 60 Minutes. The scoffs from the sceptical would surely have been audible, even among the most forward thinking in Silicon Valley’s coffee shops and break-out spaces.
Permitted development rights (or “PD rights”, for short) have long been seen as extremely advantageous in expediting certain developments; even more so following the extension of these rights to permit the conversion of underutilised office and agricultural buildings to residential dwellings; a move thought to be key in solving the current “housing crisis”.
It has long been accepted that a freeholder (in theory) owns the subsoil beneath their land down to the centre of the earth and the airspace above their land up to the sky.
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