Posted By: Property on 22nd July 2021
Overage Agreements – a popular, but potentially risky route for a seller to try to secure a share in any future uplift in the value of the land that they are selling. To explain, an Overage Agreement is an agreement between a buyer and seller,...
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Posted By: Property on 20th July 2021
As the demand for housing continues to rise year on year, many landowners are looking at the possibility of selling their land to developers. Given the flexibility of such agreements, Option Agreements are becoming an increasingly popular choice for...
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Posted By: Property on 15th July 2021
It is well-documented that house prices have increased and the recent end to the Stamp Duty Land Tax break has meant the property industry has been in overdrive over the past few months. There are still looking to take perhaps their first step into...
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Posted By: Property on 23rd April 2020
As the nation continues to adapt to the 'new' way of life as restrictions continue as a result of COVID-19, landlords and tenants alike are all looking for guidance when it comes to repairs and maintenance. The government has published guidelines...
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Posted By: Property on 3rd April 2020
As the famous idiom goes “better the devil you know” – we have considered various ways in which the COVID-19 pandemic could impact a commercial property transaction. Prior to exchange of contracts, parties may experience the following...
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Posted By: Property on 3rd April 2020
Leases commonly include an obligation on the Landlord (or the Tenant, if the whole of a property is leased) to insure against named “Insured Risks” connected to damage and destruction of the Property which in turn can trigger: Rent...
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Posted By: Property on 2nd April 2020
It is not surprising, that many Tenants will be reaching out to their Landlords for a good faith arrangement whereby rent is either temporarily reduced or suspended to tide them over during this uncertain time. A Landlord is not obliged to accept...
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Posted By: Property on 30th March 2020
In the wake of the current COVID-19 situation, as of 27 March 2020, there has been a decision made that the Court Service will suspend all ongoing housing possession actions. Cases currently in the system, or any about to go in the system, can...
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Posted By: Property on 26th July 2016
If you own a Leasehold property, it is likely that you will need to consider extending your Lease at some point. You may be struggling to re-mortgage or sell your Leasehold property because of the remaining term of your existing Lease....
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Posted By: Property on 21st December 2015
As mentioned in our previous article, the changes for renting residential properties are coming thick and fast. The latest change that is due to be implemented as of the 1st February 2016 is in relation to the “right to rent” under the...
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