Cautionary tale for investment landlords if a building has inherent defects
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26th February 2019
In Blue Manchester Ltd v North West Ground Rents Ltd [2019] EWHC 142 (TCC), the High Court upheld a tenant’s claim for specific performance against its landlord, requiring the landlord to repair an external glass façade in a tower block…
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Lockout agreements
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25th February 2019
In ordinary contract law, there can be ‘no agreement to agree’ binding on the parties. In order to address this, pre-contract agreements known as Lockout Agreements are sometimes used in commercial property transactions. These aim…
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Developers beware: A contract for the sale of land by a public body may also be a public works contract.
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13th February 2019
The recent case of Faraday Development Ltd. v West Berkshire Council 2018 concerned a contract for the sale of land to be sold to a selected developer by West Berkshire via a competitive process. The focus of the competition was to secure…
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The New Structures and Buildings Capital Allowance
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04th January 2019
The Budget 2018 had some good news for our commercial property developer clients when it was announced that the government will introduce a new Structures and Buildings Allowance (‘SBA’) in the Finance Bill 2018-2019 once it has received…
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