All Insights

Tax

Spring Budget 2024: UK government confirms introduction of the Reserved Investor Fund – albeit in restricted form

The new investment fund vehicle could increase the attractiveness of the UK for real estate funds
The Built Environment

Spring Budget 2024: Chancellor ends multiple dwellings relief for stamp duty land tax

Following HMRC's evaluation that it no longer meets its original objectives and is open to abuse, the relief will be
Tax

Spring Budget 2024: what UK business tax measures were announced?

National Insurance cut paves the way for longer-term planned tax cuts
Real estate

Short-term lets in England required to obtain planning permission 'from this summer'

New restrictions on the use of short-term rental residential properties will aim to increase housing supply
Real estate

Long-term land interests and housebuilding: what can be unpacked from the UK CMA's industry findings?

The competition regulator has also launched a follow-up investigation this year into information sharing
Real estate

UK Upper Tribunal confirms 'period of reasonable belief' requirement for adverse possession

There must be 10 years of reasonable belief of land ownership immediately prior to the date of application
Regulatory Outlook

Environment | UK Regulatory Outlook February 2024

Understanding the biodiversity net gain regime | Enforcement against polluting water companies to ramp up | Consultation on increase charges
Real estate

UK Court of Appeal rules in favour of developer on interpretation of restrictive covenant

The words 'and also' demonstrate the importance of contractual interpretation when considering modification of covenant
Real estate

First-Tier Tribunal rules against building owner in first contested remediation contribution order

'Just and equitable test' when requiring a party to contribute to remediating costs under the Building Safety Act 2022
Real estate

Dutch Supreme Court receives preliminary questions on rent modification clauses

Subdistrict courts have recently been ruling on lease agreements with a focus on unfair terms and modification clauses
Real estate

What do businesses need to understand about the UK biodiversity net gain regime?

Businesses should prepare as the mandatory regime goes live on 12 February 2024
Real estate

UK Upper Tribunal declines to discharge restrictive covenant on developer's conduct grounds

Applicant's ‘build first, apply later’ approach viewed dimly, leading to a failed application despite satisfying usual discharge grounds