Real Estate Law and Construction Law

This bulletin aims to highlight key tax issues which may be of importance to real estate funds and investors.

Today's entry is a summary of the regime for authorising major infrastructure projects introduced by the Planning Act 2008 and amended by the Localism Act 2011.

The UK Real Estate Investment Trust ("REIT") regime launched on 1 January 2007, and immediately saw a number of the UK’s largest listed property companies convert to REITs.

The UK faces a significant housing crisis due to an acute shortage of homes caused by high capital costs, increasing construction and development expenses, regulatory and political uncertainty...

The Situation: The UK faces a significant housing crisis due to an acute shortage of homes caused by high capital costs, increasing construction and development expenses, regulatory and political uncertainty...

Welcome to the latest publication of our Real Estate & Projects Newsletter and accompanying Vlog.

Part 31 of the Civil Procedure Rules concerns the disclosure and inspection of documents in civil litigation. In summary, a party discloses a document by stating that the document exists or has existed. A party to whom a document has been disclosed has a right to inspect that document except where, amongst other things, the party disclosing the document has a right or a duty to withhold inspection of it.

A judgment delivered on 23 April 2012 stated that in a Settlement Agreement, inclusion of the phrase "full and final settlement in respect of any and all outstanding matters" was, on the facts, sufficient to exclude liability for defects.

In the case of R and C Electrical Engineers Ltd v Shaylor Construction Ltd, [2012] EWHC 1254 (TCC), R&C sought Part 8 declaratory relief in relation to an adjudicator’s decision. Whilst the application was declined, the adjudicator’s decision was upheld as binding until such time as the dispute was finally resolved by litigation or arbitration.

When purchasing a property, one of the key documents you'll receive is the Land Registry title plan.

Buying a home is exciting, but it can also be a long and stressful journey. Many people are surprised to learn how much happens behind the scenes before the keys are finally handed over.

Buying your first house is an exciting milestone and one of the biggest decisions you'll make in life. For many, it takes major saving and careful location research.