Relational Contracts in Construction Law

Relational Contracts in Construction Law

 Those working in the construction industry will be aware that many standard forms of contract used nationally include obligations that could be commonly interpreted as good faith-type obligations. Examples are most obviously apparent in partnering contracts and in...
Duty of Good Faith in Construction Contracts

Duty of Good Faith in Construction Contracts

What does acting in good faith really mean?The duty of good faith has no universally accepted meaning and what it means in a construction contract will depend on the contract in question and its commercial context. It has been held to entail an obligation to: adhere...
What is Mezzanine Finance?

What is Mezzanine Finance?

You may have heard of mezzanine finance, but what is it and how does it vary from a standard mortgage transaction?  In essence, mezzanine financing is an additional band of borrowing that can be made available to property developers to assist with the up-front and...
A Tenant’s guide to Commercial Tenancies

A Tenant’s guide to Commercial Tenancies

 Once a tenant has decided to proceed to acquiring a commercial lease, formal negotiations to agree the Heads of Terms begin. The Heads of Terms set out the principal terms which will guide the form of lease to be entered into and form the basis for our drafting of...
Changes to the code for completion by post

Changes to the code for completion by post

 On 1st May 2019 there will be changes implemented to the Law Society’s Code for Completion. The Code for Completion is a set of standard rules firms of Solicitors and Licensed Conveyancers used in the majority of sales and purchases of residential property...
Amazon’s Alexa to help value properties

Amazon’s Alexa to help value properties

We live in world where technology is ever changing and being developed to help assist us in business as well as our everyday lives.  In November 2014, Amazon released its first ever Alexa and since then the device has grown in popularity.  The technology is used in...