Common Questions from Developers on Residential Leases

Common Questions from Developers on Residential Leases

The current leasehold reform is changing the landscape of residential new build plot sales, both in terms of substance and policy. It is understandable therefore, that when property developers are readying their sites for plot sales there is an element of uncertainty...
Late payers could face robust penalties

Late payers could face robust penalties

Late payments have been the scourge of small and medium size businesses (SMEs) for many years but despite the introduction of legislation to deal with the issue, it has not gone away. Unfortunately, businesses in the construction industry are particularly badly...
Companies failing to report payment practices

Companies failing to report payment practices

For more than two years now, large businesses have been legally obliged to publish their payment performance twice-yearly. The Reporting on Payment Practices and Performance Regulations 2017 were introduced as part of the government’s drive to increase transparency...
Impossible to perform a contract – are you still liable?

Impossible to perform a contract – are you still liable?

What happens when it has become impossible for a business to perform its contractual obligations and there is a force majeure or exemption clause in the contract? Unfortunately, the non-performing party could face having to pay out a significant amount of damages to...
Construction: When an unsigned contract binds the parties

Construction: When an unsigned contract binds the parties

A word of warning to those carrying out works without a fully signed and executed contract in place! The fact that one party has not formally executed a contract does not automatically mean no binding agreement has been reached. This is the vital lesson for businesses...
Construction – What does practical completion really mean?

Construction – What does practical completion really mean?

In the context of building works, the question of whether practical completion is achieved in law has not always been clear-cut. Valuable guidance has recently been given by the Court of Appeal, setting out important principles in determining what ‘practical...