Tomorrow, Stamp Duty Land Tax will be no more – but only in Scotland. On 1 April the new Land and Buildings Transaction Tax (LBTT) comes into force, an example of one of the revenue-raising powers devolved to Holyrood following the passage of the Scotland Act 2012. LBTT will be administered and collected in Scotland
Monthly Archives: March 2015
MIPIM 2015: 750 ducks, 700 party guests, 100 balloons, 32 lawyers from 13 offices, 4 HL band members, 1 location…
Between 10th and 13th March 2015, 32 lawyers from 13 offices of Hogan Lovells attended MIPIM in Cannes, the world’s largest property conference and networking platform for all real estate professionals. Our annual after dinner MIPIM party – this year entitled ‘Rock of Ages’ – was held on the evening of Wednesday 11th March, on
Expedited approval procedure for planning conditions
For developers, the stage of the planning process at which conditions are discharged before the development gets underway can often be the most frustrating. Delays by LPAs responding to the submission of details which require approval can upset project timetables and hinder delivery. New measures introduced by the Infrastructure Act 2015 will provide some comfort
…And justice for all (who can afford it)
A revolution is taking place in the way that litigants are charged for using the court system and it is shaping up to be a noisy one. Historically, government’s aim has to been to charge court fees on a “cost” basis, designed to cover the cost to the Ministry of Justice of providing the court
The Future of Fund Management: David v Goliath
Hogan Lovells hosted the Reading Real Estate Foundation Breakfast Forum (RREF) on 4 March. RREF is a registered charity that provides support for real estate and planning education at the University of Reading. The event featured presentations by: Andrew Creighton, Head of Segregated Property Mandates, Aberdeen Asset Management; David Paine, Head of Real Estate, Standard
Turning over a New Leaf – the impact of multichanneling on turnover rents
We all know that multichannelling is having a major impact on the retail industry and the negotiation of leases is not immune from this. One of the main areas affected is the capture of turnover rent and, increasingly, tailored drafting is required to reflect the differences in tenants’ businesses. For those who weren’t able to