Clarkslegal LLP - Solicitors in Reading and London

Real Estate - Legal Updates

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May
05
2016

What will a Brexit mean for the UK Property market?
#Real Estate

The prospect of the upcoming referendum on a British exit from the EU, or ‘Brexit’, is the currently the centre of much debate. It is very difficult to envisage what a post-Brexit Britain would look like; in the event of a leave vote, there is no blueprint for the terms of the settlement which would need to be negotiated with our European cousins....

Apr
07
2016

Clarkslegal advises on the sale of two Holiday Inn Express hotels
#Real Estate #Corporate

Clarkslegal has successfully advised on the sale of two Holiday Inn Express hotels in multi-million pound transactions. ...

Apr
07
2016

Property related FAQs by franchisees
#Real Estate

Most franchises operate from retail premises and the franchisor will often take a superior lease interest and then grant the franchisee a lease or licence from it. ...

Apr
07
2016

Budget 2016 – Key property announcements in brief
#Real Estate

From 17 March 2016 SDLT on commercial properties was brought in line with the residential system, whereby, the SDLT will now be charged at a variety of rates according to the portion of the total consideration that falls within each of the respective bands. ...

Mar
07
2016

How to aid business growth in the real estate sector
#Real Estate

Protecting cash flow is often a key way to enable growth of a business and in the real estate sector there are a number of ways this can be done, particularly where you are occupying business premises by way of a lease...

Feb
26
2016

Take care when providing replies to pre-contract enquiries
#Real Estate

When selling a property, a standard procedure is for the seller to provide replies to enquiries raised by the Buyer and its solicitors. ...

Feb
08
2016

New requirements for landlords to check immigration status of tenants
#Dispute Resolution #Real Estate

From 1 February 2016, landlords of residential properties are now required to carry out ‘right to rent’ checks on prospective tenants to ensure that they have the right to live in the UK before granting a tenancy. Failure to carry out the requisite checks can leave landlords liable to pay a fine of up to £3,000....

Feb
05
2016

A Flood of Claims
#Real Estate

Abigail, Desmond, Frank, and Henry and their relatives have already visited our shores. Their North American cousin, Jonas, has been and gone. ...

Feb
05
2016

Business Rates
#Real Estate

Commercial Property owners should be aware that the empty property rate relief scheme for newly built commercial property will end on 30 September 2016. ...

Jan
12
2016

What to expect for 2016
#Clarkslegal #Construction #Corporate #Dispute Resolution #Employment #UK Immigration #Real Estate #Commercial

Clarkslegal has produced a guide on ‘What to expect for 2016’ which clearly sets out all the forthcoming legislative changes, which we hope you find useful in planning your year ahead. ...

Jan
08
2016

The street food revolution!
#Real Estate

New street food markets continue to open across the UK at a rapid pace with many new food trucks and vendors opening each week. How can landlords, developers and food entrepreneurs take advantage of this trend and how is the sector evolving? ...

Dec
04
2015

Can you recover rent after exercising a break clause?
#Dispute Resolution #Real Estate

As any commercial landlord or tenant knows, rent is usually payable quarterly in advance. However what happens if you have paid rent for a full quarter but you are able to end your lease by serving a break notice that takes effect during the course of that quarter. Are you entitled to the return of rent relating to the period after the end of the lease?...

Dec
03
2015

Rent Reviews- are you being treated fairly?
#Real Estate

The subject of rent review is immensely complex and many articles and books have been written solely on this topic. In this short article we are highlighting rent review points from two recent transactions where we have acted for the prospective tenants and were asked to advise whether the wording of the rent review clauses had a disadvantageous effect on the tenants in question....

Oct
27
2015

What happens to a sublease when the headlease is surrendered and what is the position when the headlease is forfeited or disclaimed?
#Real Estate

Where a headlease is surrendered the intermediate tenant under the headlease falls away and the tenant under the sublease becomes the direct tenant of the superior landlord. This means that the premises will continue to be occupied by the tenant on the terms of the sublease....

Oct
05
2015

Business Rates – What a Relief!
#Real Estate

Some long awaited news on the future of Business Rates was today revealed by George Osborne at the Conservative Party conference....

Sep
07
2015

Application of property rates to two separate floors of a building
#Real Estate

The Supreme Court has held that two floors within the same building that do not immediately adjoin each other will be rated separately rather than as a single hereditament in Woolway v Mazars [2015]....

Aug
17
2015

Drive-through supermarkets – convenience gone mad?
#Real Estate

It was recently announced that Amazon are proposing to test a new drive-through grocery store concept in the USA. The venture would possibly be an extension of Amazon Fresh which delivers groceries to restaurants and individuals on a same day order to door basis. ...

Jul
28
2015

Landowner obligations in respect of tenant’s waste and fly-tipping
#Real Estate

Figures suggest that fly-tipping – the illegal deposit of waste – is on the up after years of decline, with a 20% increase in fly-tipping since 2012/13. A costly concern for landowners, it is estimated that fly-tipping on private land costs of as much between £50m and £150 million to clear up each year. This note, gives a brief overview of some of the issues to aware of ....

Jul
27
2015

Historic Rent Reviews: A Warning for Tenants
#Real Estate

We have recently been asked whether a landlord is able to operate historic rent reviews. The lease in question was a lease granted in 1999 for a term of 15 years, expiring at the end of December 2013 and within the protection of the renewal provisions of the Landlord and Tenant Act 1954. The tenant is still in occupation, holding over under the 1954 Act....

Jul
08
2015

Private Parking – Court of Appeal Upholds Penalty
#Real Estate

The balance between private landowners and motorists in the parking arena has shifted in recent years. The Protection of Freedoms Act 2012 (the 2002 Act) brought in by the Coalition government outlawed private clamping but permitted landowners to obtain the details of the registered keepers of vehicles from the DVLA. ...

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