Briefing quick find:

A guide to purchasing leasehold property

In the UK there are two main types of legal ownership of a property: freehold and leasehold. As a first-time buyer, it is possible that you might be looking to purchase leasehold property. If you are looking to buy a…

MEES now in force in relation to commercial property

The Energy Efficiency (Private Rented Property) (England and Wales) Regulations 2015 (2015 SI No. 962) were put in place to meet obligations to improve energy efficiency under the Energy Act 2011, and to meet the UK’s targets for CO² reduction. These rules were brought…

Carillion goes into liquidation – What happens now?

The collapse of the UK’s second largest construction company, Carillion, was not particularly surprising given recent profit warnings and debts believed to be in the region of £1.5 billion. What happened to Carillion It was rumoured over the weekend that in the…

Establishing a beneficial interest in property

Many non-married couples may decide to purchase a property together and register both their names as legal owners on the title deeds. If they are contributing different amounts to the purchase price they may also want to record their contributions and…

Short-term sub-lettings: holiday fun or a risky business?

The appearance of websites such as AirBnB, Ownersdirect and OneFineStay has recently led more and more homeowners to explore generating income from their properties. Over two million properties worldwide are listed on AirBnB alone and it, like other ‘disruptive’ new businesses,…

Digging deep: Issues with basement developments

Recent newspaper headlines recount stories of bizarre proposals by owners to enlarge their substantial London houses by digging down to create several levels under the building and under the garden, to house swimming pools, cars and wine collections! On a more…