by bawilliams | Nov 14, 2024 | Property Law
The Upper Tribunal (UT) was faced with the question of whether a tenant under a long equitable lease could be regarded as a qualifying tenant for the purpose of the Commonhold and Leasehold Reform Act 2022 (CALRA 2022) provisions on the right-to-manage (RTM)....
by bawilliams | Nov 11, 2024 | Property Law
The Economic Crime (Transparency & Enforcement) Act 2022 Registration of Overseas Entities – (OE) Published 29 August 2022 The Economic Crime (Transparency & Enforcement) Act 2022 requires overseas entities that own or acquire property in the UK to...
by bawilliams | Nov 11, 2024 | Property Law
The Finance Act 2021 The Finance Act 2019 temporarily increases the Annual Investment Allowance (AIA) from £200,000.00 to £1,000,000.00 for two years beginning 1 January 2019.[1] The Finance Act 2021 amends the 2019 Act to extend the allowance by an extra year.[2] The...
by bawilliams | Nov 7, 2024 | Property Law
The Court of Appeal (CoA) was asked various questions, although the primary one was whether the Secretary of State adequately considered the risk of a World Heritage Site being delisted. Background: In July 2023, the Secretary of State granted development...
by bawilliams | Oct 31, 2024 | Property Law
The High Court (HC) was faced with a case where the purchase price was due when the development of the houses was finished. Background: Mrs. Burns was, originally, the freehold owner of the property which she sold to Mr. Bridge in May of 2017. Mr. Bridge purchased the...
by bawilliams | Oct 24, 2024 | Property Law
The High Court was concerned with the question of the correct construction of a clause for additional payment in a sale and purchase agreement. Background: Harworth entered into an agreement with Westfield in October 2021 for the sale and purchase of York...