The Building Safety Act – What do I need to be aware of? The 28th of April 2022 saw one of the biggest legislative changes to the UK building industry in close to 40 years. The Building Safety Act 2022 (“the Act”) received Royal assent, meaning it is now an act of...
Rising cost of construction contracts – impact on contractors and clients In recent years, the construction industry has been hit with a torrent of obstacles, seeing prices rise significantly, with seemingly no relief on the horizon. Whilst many projects are now...
Employee Ownership Trusts (EOT) – Key Considerations Employee Ownership Trusts (“EOTs”) are a great way for shareholders to sell their companies for the best value in a more tax-efficient way than a traditional trade sale. EOTs were introduced by the...
The cladding crisis: Government sets out new plan to protect leaseholders On 10th January 2022, the government revised its approach to building safety with a bold new plan to protect leaseholders and make developers and companies pay to fix the cladding crisis...
The significance of “all reasonable endeavours” clauses Contractual obligations are normally absolute and failure to fulfil an obligation will be a breach of contract. Endeavours clauses are therefore used when a party is only prepared to “try” to fulfil...
Tenants: Can a break clause be used to re-gear my lease? Over the last year, many landlords and tenants have been reviewing their lease arrangements with a view to reducing costs or risk. When existing lease terms are renegotiated between landlords and tenants, this...
Bellway Homes’ Record Fine for Wildlife Crime When assessing a planning application for a proposed development, planning authorities must consider whether any protected species are likely to be affected. If there are protected species on site, planning conditions may...
