Hogan Lovells hosted the Reading Real Estate Foundation Breakfast Forum (RREF*) on 17 November 2017. This year’s topic was: Technology in the Property Industry and provided digital food for thought from three key areas. David Sleath (CEO of SEGRO) described the ways in which technology has changed the warehousing sector. This includes how warehouse design
Monthly Archives: November 2017
Budget shock for property industry: non-UK resident landlords to be taxed on UK property gains
Quietly, almost without any fanfare, a tax policy of more than 50 years designed to encourage overseas investment into UK real estate was reversed in the small print of the Budget. The announcement has provoked a storm across the property industry. UK tax will apply to the disposal by non-UK residents of all UK property
Unopposed Lease Renewals – a need for speed?
From 1 December 2017, there will be a year-long pilot scheme for unopposed lease renewals that are issued in the County Court at Central London (CCLC). All claims will be transferred to the First Tier Tribunal (Property Chamber) (the FTT) in London. The main aim of this is to “ensure that all cases proceed to
Government issues draft Tenant Fees Bill banning residential letting fees
Earlier this year, we blogged on the government’s proposals to ban residential letting fees. On 1 November, the government took the next step towards realising those proposals by publishing the draft Tenant Fees Bill. The Draft Bill The draft legislation bans landlords and agents in England from charging residential tenants and licensees fees or other charges