Real Estate

Timing is key in relation to overage: Make sure you can build what you are paying for

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The recent case of London and Ilford Ltd v Sovereign Property Holdings Ltd [2018] EWCA Civ, is a reminder that overage clauses should to be carefully reviewed. Following the decision of the Court of Appeal a developer will have to pay overage on a consent that it cannot physically build. More …

Replies to CPSEs – make sure you check them!

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For those who have come across Commercial Property Standard Enquiries (CPSEs), it might be hard to believe that it was not too long ago (pre-2002) that CPSEs did not exist. More …

Let your office tenant sublet space without your consent?!

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Our very own Neil Stafford discusses how to make a "traditional" lease a more attractive choice for occupiers in the new normal of serviced offices and co-working spaces in a blog for The Property Chronicle. More …

Wales Online

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Cardiff Capital Region reveals board members for its business council More …

Blake Morgan property specialist, Oliver Sowton, comperes Regenerate South Showcase

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Blake Morgan partner, Oliver Sowton, joined the guest speaker line up at today's Regenerate South Conference. More …

SDLT charge looks set to stay for second homes

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How will the Housing White Paper affect SDLT charges? John Shallcross explains! More …

No relief for developers, the 3% SDLT surcharge

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As promised by the Chancellor, the stamp duty land tax 3% surcharge on "additional" residential properties acquired will come into force on April 1 2016, but disappointingly residential developers have not been given a relief from this extra cost More …

From slab to slice – commercial property SDLT changes

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Following today's Budget, and from midnight tonight, purchasers of non-residential property will be subject to a revised structure of Stamp Duty Land Tax (SDLT). More …

Non Profit Distributing Model

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The widespread adoption of a new funding model for major infrastructure projects across the UK may have moved a step closer thanks to a key decision that has come to light. The Non-Profit Distributing (NPD) Model is an alternative to the much-maligned Private Finance Initiative (PFI) in which surplus profits are reinvested in the public sector rather than going to the private sector as unpopular 'windfall' payments. More …

Non-profit distributing - has Scotland found a model that works for infrastructure projects across the whole of the UK?

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However, the NPD model had to be placed on hold in both Wales and Scotland (where it was originally developed) due to the decision by the Office of National Statistics that an NPD scheme (the Aberdeen Western Peripheral Route) had to be given a public “on balance sheet” classification. More …