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...
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 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...
