The importance of Inter-Creditor Deeds Senior Solicitor Steph Richards highlights the importance of Inter-Creditor Deeds in secured lending transactions, with a focus on development finance. When might an Inter-Creditor Deed be required? When a developer acquires a...
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...
What is Turnover Rent and who does it benefit? Turnover Rent is a form of Rent in Commercial Leases which may benefit both a Landlord and a Tenant. Turnover Rent is a form of Rent which is dependent on a Tenant’s trading turnover. This form of Rent can therefore only...
Property Roundtable Winter Session At the end of the year we inevitably become a little reflective over the events of the last 12 months and take the opportunity to look forward to what the New Year may bring. The winter session of the Property Roundtable took place...
HMRC’s updated guidance on Compensation Payments and VAT Until recently, the default position was that compensation payments were outside the scope of VAT. However, recent guidance from HMRC has changed this position. Recent consideration by the UK courts and the...
