As a landowner, when you enter into a contract with a developer – whether it is an option agreement, promotion agreement, land development agreement or a hybrid of these – you do so in the expectation that they will largely fulfil their obligations without the need to go to law to enforce them. But what if they do not?
Articles by ‘Peter Foskett’
The Retail sector team at RWK Goodman deals with all manner of commercial issues; one of our particular specialisms is acting for well-known retailers in leasing new or alternative premises all over the country. The nature of such lettings raise a number of issues that may need to be dealt with if a retail lease is to be fit for purpose.
The Government has recently published its draft revised National Planning Policy Document and is consulting on it until 10th May. It sees this revised policy as a key step towards achieving its goal of 300,000 new homes being built every year. It seeks to make a number of important changes and a few key ones are highlighted in this article.
If you are an existing investor in commercial property, you will probably be very familiar with the Energy Efficiency Regulations 2015 and will have taken all appropriate steps to lessen their potential impact. If you haven’t or you are considering a property investment, then this may be for you.
The Regulations, officially titled Energy Efficiency (Private Rented Property)(England and Wales) Regulations 2015, begin to bite in relation to the letting of commercial properties on 1 April 2018.
In August, the Mayor of London published new Supplementary Planning Guidance aimed at increasing the levels of affordable housing being built.
Land that has or may have development potential in the future could be at risk from members of the public or adjoining land owners claiming they have acquired rights over the land. Here we explore the steps that you as the landowner can take in order to protect your property.
The benefit of a new or sub-divided unit on a retail park is that it can be built or refurbished to meet your requirements. Compare this with an existing unit where you have to take it as is. While new or refurbished units have their advantages, there are a number of things to consider:
Do you own land that has development potential now or in the future? One important lesson is to assume that anything and everything will be challenged by those seeking to prevent development.
If you’ve entered, or are about to enter, into an option or promotion agreement which currently remains in force, you may be concerned about the likely consequences of the development market weakening as a result of the referendum decision to leave the European Union.
Following the recent devastating earthquake in Nepal, Withy King are directly helping to support ’The Charitable Foundation for the Education of Nepalese Children’, (Reg’d No. 1140503), who instantly launched an Appeal on hearing of…
In a planning application to Cherwell District Council to build 26 residential units, the Local Planning Authority required a Section 106 Agreement to be entered into governing contributions towards a number of public services.
The last year or so has seen the economy start to look healthier and in turn, the house building industry has seen recovery with demand for land on the increase. Many landowners are starting to think about how to make their land work for them. An option agreement is one way of doing this.