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Court fails to make time of the essence because contract provided alternative remedies for lateness – Dominion v Debenhams, High Court

25 June 2010 | Mark Weston

Dominion owned the leasehold to a shopping centre and they had an agreement with Debenhams under which Dominion would pay the retailer certain sums of money. Dominion was late in paying the second instalment....

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Stamp Duty increase in the Budget – did you spot it?

23 June 2010 | Shimon Shaw

No I'm not talking about the rise to 5% on high end residential property which kicks in next year.  Rather this was a hidden change which will affect commercial property purchasers from 4 January 2011. Pat...

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Insurance Premiums set to rise

10 June 2010 | Shimon Shaw

As is reported in the Times this morning, it looks likely that insurance premium tax (IPT) is a prime canditate for an increase on 22 June.  Nothing is confirmed (or denied) as yet. The thinking behind...

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New coalition government: implications for the property industry

7 June 2010 | Richard John

The new coalition Government published a ‘coalition agreement’ on 20 May, which sets out what has been agreed so far between the Conservatives and Liberal Democrats. The following policy agreements...

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Approved Documents for Building Regulations 2000 published

28 May 2010 | David Marsden

The Department for Communities and Local Government has published new Approved Documents for Parts F, J and L of Schedule 1 in the Building Regulations 2000. These changes will have an impact on the construction...

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Option Agreements: Valuation Dates

24 May 2010 | Stephen Carew

A developer and its advisers should be aware of Redlawn Land Ltd v Cowley [2010] EWHC 766 (Ch) when taking an option over land. The case revolved around the date for determining the option price where...

Developers: Beware Open Spaces (2)

20 May 2010 | Stephen Carew

Case law in relation to open spaces seems to be like buses. No sooner have we had the decision in Lewis, R (on the application of) v Redcar and Cleveland Borough Council & others (2010), developers...

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Developers: Beware Open Spaces

22 April 2010 | Stephen Carew

 Developers developing open spaces should be wary of a recent decision of the Supreme Court in Lewis, R (on the application of) v Redcar and Cleveland Borough Council & others (2010). The decision...

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HMRC information bulletin for non-resident landlords

11 March 2010 | Shimon Shaw

The non-resident landlords scheme is a good example of a trap for the unwary. Whenever a tenant pays rent to a landlord that is non-resident, or to a letting agent who then pays the rent to a non-resident...

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Administrators beware (but good news for landlords)

9 March 2010 | Mark Tempest

In Goldacre (Offices) Ltd v Nortel Networks UK Ltd (in administration) [2010] All ER (D) 54 (Jan), the respondent company held two long leases over properties of which the claimant was the landlord. During...

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