Archived News from 2021

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Commercial Property

December

Legal Article

Criterion Buildings Ltd v McKinsey and Company Inc (UK) and another

06/12/21

Introduction In the 2021 case of Criterion Buildings Ltd v McKinsey and Company Inc (UK) and another , the High Court had to determine whether landlords can decide how a service charge is proportioned across their commercial tenants. Facts McKinsey ('the Tenant') was one of the…

Legal Article

Glossop Cartons and Print Ltd v Contact (Print and Packaging) Ltd (2021)

03/12/21

In the recent case of Glossop Cartons and Print Ltd v Contact (Print and Packaging) Ltd - which went to the Court of Appeal - it was held that a buyer seeking damages from a seller for fraudulent misrepresentation is still entitled to compensation despite agreeing a 'bad bargain'. The case…

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November

Forbes News

Forbes Solicitors Supports Purchase of Popular Restaurant Property

04/11/21

Forbes Solicitors has advised on the purchase of a renowned Blackburn restaurant property as part of a local entrepreneur's plans for investing £10million across Lancashire. The law firm's commercial property team supported the purchase of the land that's home to The Clog &…

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October

Legal Article

A green lease may help to reduce the environmental impact of your business

26/10/21

As businesses tentatively begin to emerge from the pandemic thoughts may finally start to turn to future opportunities and challenges. It appears likely that the next major issue affecting the property world will be energy efficiency and environmental sustainability. With the increasing awareness of…

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August

Legal Article

PD Rights set to be more restrictive for Office to Residentials Conversations

18/08/21

The planning laws are there to monitor what can and can't be built in certain areas to keep within the local policy and that of the country as a whole. Permitted development rights are, to some degree self-explanatory, as they are those rules that allow certain aspects of development to progress…

Legal Article

Is the high street truly dead?

05/08/21

There is currently a downward trend in high street shopping, mainly due to an increase in shopping online. This has been accelerated by the pandemic as high street shops have been forced to close and ultimately improve their online services to retain customers. The impact has been so great that, in 2020…

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June

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May

Legal Article

A new tax and levy on residential property developers in 2022

07/05/21

On the 10 February, the Government announced its strategy to improve nationwide building safety, following the continuing fallout from the Grenfell disaster. A pivotal part of the strategy was the announcement of a further £3.5 billion funding to help facilitate the removal of unsafe cladding. It…

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April

Legal Article

Case Comment - Procter v Procter

30/04/21

The recent case of Procter v Procter dealt with the situation where a property owner wishes to grant a lease to both themselves and a third party jointly. In Procter, a family farm was owned by trustees and was farmed by a partnership consisting of the trustees and other family members, without any…

Legal Article

How 'blended use' spaces can be used to revitalise the high streets

23/04/21

Whilst the decline of the traditional high street has been much publicised over recent years, Covid-19 has likely accelerated the changes to how high street property is utilised in the long-term. One of the main challenges for city centres in a post-restrictions world will be how its property can be…

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March

Legal Article

What are the stamp duty land tax implications for transactions involving trusts?

30/03/21

A trust can be created in different ways and for a wide range of purposes. Indeed, within the context of property law, a trust is automatically created whenever a property is jointly owned by more than one party. So far as Stamp Duty Land Tax involving commercial property is concerned, all trusts…

Legal Article

Refusing a new business tenancy under the 'fault grounds' in the LTA 1954

24/03/21

Kent v Guest [2021] EWHC 51 (Ch) The High Court has recently considered what is the correct approach to 'fault grounds' whereby a landlord can oppose a new tenancy under section 30(1)(a) to (c) of the Landlord and Tenant Act 1954 (the "Act"). Background Mr Kent (the…

Legal Article

Parking Easement

05/03/21

The crux of the case of Poste Hotel Ltd v Tracey Anne Cousins (2020) EWHC 582 concerned whether a resident's right to park supersedes a local business's right of way to enter their premises, and serves as an important reminder for why landowners must remain mindful of preventing others acquiring…

Legal Article

Expansion to Permitted Development Rights

04/03/21

The Government has introduced from 31 August 2020 an expansion of the currently permitted development rights (PDRs) and this presents an opportunity for developers to broaden their residential development portfolio, without formal planning permission. This is particularly significant given the impact of…

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February

Legal Article

How commercial tenants can utilise break clauses to their advantage

23/02/21

The implications of Brexit and the ongoing Covid-19 pandemic have meant that most businesses are carefully considering all costs and risks to their business, including costs and risks associated with properties that they own or occupy. Tenants may wish to carefully consider their existing obligations…

Forbes News

The Government to review Landlord and Tenant legislation in March 2021

15/02/21

In December 2020, the Government announced that it would undertake a review of commercial landlord and tenant legislation in 2021, and this is now expected to take place next month. It is anticipated that the review will consider a broad range of issues including the Landlord & Tenant Act 1954 Part…

Legal Article

VAT on lease break payments

11/02/21

In September 2020 - following two important judgments delivered by the Court of Justice of the European Union - HMRC published its Revenue & Customs Brief 12 (2020) which contained updated guidance on the position of VAT on payments made in relation to the termination of contracts. The crux of…

Legal Article

National Apprenticeship Week

10/02/21

National Apprenticeship Week began on 8 February. This year's theme is 'Build The Future.' With 20 years of experience in progressing employees through apprenticeships, Forbes Solicitors has helped build futures and this year has been no different and has been as successful, despite the…

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January

Forbes News

Forbes Solicitiors Sees Commercial Property Deals Bounce Back To Pre-pandemic

25/01/21

Forbes Solicitors advised on £22million worth of commercial property deals in December 2020, as the total value of monthly transactions returned to pre-COVID levels. Despite trading restrictions imposed by the Government's coronavirus tiering system and a second national lockdown in…

Legal Article

Heading in the Right Direction - The virtues of detailed Heads of Terms

19/01/21

It is the end goal of any lease transaction to achieve an agreement that satisfies both parties' needs. The lease will dictate the complex contractual relationship between the parties to a transaction and so it is essential that all of the key points are addressed. However, at the root of any…

Legal Article

Covid Relief 2021

19/01/21

As the scourge of Covid-19 continues to disrupt and reshape our daily lives, the Chancellor of the Exchequer, Rishi Sunak, announced a further £4.6bn relief package for businesses in the retail and hospitality sector on 5th January. The government's support package comes in the form of a…

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