Related insights: Investors
RPI is changing: 3 reasons why property occupiers and investors need to take action
12 May 2020
The recent announcement of the Chancellor, Rishi Sunak, to extend the consultation period for assessing the reform of the Retail Prices Index (RPI) until this summer in view of COVID-19 will give businesses more time to respond on this important issue. Whilst many of the articles about the proposal to align RPI with the Consumer Prices Index plus Housing Costs (CPIH) methodology will focus on the effect it will have on bonds and pension schemes, landlords and tenants will need to be aware of the implications for commercial leases. It has been accepted that RPI will go (or be brought in line with CPIH) from 2030, but the Chancellor has given a clear signal that he is thinking about bringing that date forward to 2025. This makes it relevant for many new leases being agreed now or already in place.
WBD wins Legal 500 award for real estate
16 Jan 2020
Womble Bond Dickinson has been recognised for its expertise in Real Estate in the 2020 Legal 500 awards – winning the Real Estate Firm (outside London) of the year. The Real Estate award covers expertise in commercial property, construction, planning and environment, property litigation and social housing.
Government set to trial binding reservation agreements
19 Nov 2019
The Government has been considering implementing binding reservation agreements in conveyancing transactions and have now decided to proceed to a trial phase.
Bond Dickinson advises on redevelopment of intu Milton Keynes inquiry
28 Jul 2017
Bond Dickinson acted for the applicant at the intu Milton Keynes call-in inquiry which has now been given the green light by the Secretary of State after plans were called-in in late 2015. The scheme, which will be one of the most significant retail and leisure development projects that Central Milton Keynes has seen in over a decade, will include a new dining quarter over two levels and a five-screen boutique cinema.
Bond Dickinson advises on major rent-to-buy partnership
07 Apr 2017
Bond Dickinson LLP has advised its client Rentplus, the affordable homes provider, on a partnership that will see the introduction of the rent-to-buy model to Cambridgeshire.
The partnership was struck with social housing organisation King Street Housing Society (KSHS) and will help address some of the housing issues facing the region, including the lack of affordable homes. The partnership will see new properties being made available to local families and workers, providing residents with an affordable and sustainable way into homeownership. KSHS is Rentplus's first housing association partners in the region which will help towards delivering 1,000 homes across Cambridgeshire.
The partnership was struck with social housing organisation King Street Housing Society (KSHS) and will help address some of the housing issues facing the region, including the lack of affordable homes. The partnership will see new properties being made available to local families and workers, providing residents with an affordable and sustainable way into homeownership. KSHS is Rentplus's first housing association partners in the region which will help towards delivering 1,000 homes across Cambridgeshire.
Nationally Significant Infrastructure Projects - related housing
06 Apr 2017
From today an element of housing may be included in development consent orders (DCOs) for nationally significant infrastructure projects (NSIPs) under the Planning Act 2008.
Section 160 of the Housing and Planning Act 2016 amends the Planning Act 2008 to allow "related housing development" to be consented as part of a DCO for an NSIP.
Section 160 of the Housing and Planning Act 2016 amends the Planning Act 2008 to allow "related housing development" to be consented as part of a DCO for an NSIP.
Property development agreements - be precise or be in court
08 Feb 2017
Recent cases relating to property development are a useful reminder that considerable care and attention is needed, not only in negotiations and dealings, but also (as you would expect) in the drafting and "fine print".
High Court dismisses best consideration & procurement claims against a local authority development agreement
08 Sep 2016
On 26 August 2016, the High Court dismissed a claim for judicial review of West Berkshire Council’s decision to enter into a development agreement with St Modwen Developments (St Modwen). The claimant, Faraday Development Limited (Faraday), sought to argue that the Council had failed to take proper account of its duties under best consideration and had also acted unlawfully by not advertising the agreement using an OJEU-compliant tender process.
Insights
Stay informed
