Real Estate Legal Update : Global Corporate Real Estate Property and Planning Lawyer & Attorney : Reed Smith Law Firm

This post was written by  Katherine Campbell and Siobhan Hayes

In January we posted on the impact of a case that ruled that landlords are able to claim rent as an expense of the administration when a tenant’s administrators are in occupation of all or part of a leasehold property. In another win for a landlord, the Court ruled that rent can be claimed as an expense of the administration when a tenant’s administrators permit occupation of the leasehold property under a licence. With the balance tipped a little more in favour of the landlord we think this may change the way administrators deal with property.

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This post was written by Catrin Phillips and Siobhan Hayes

Much has been written about the UK Government’s Carbon Reduction Commitment (Energy Efficiency) Scheme (‘CRC’) over the last two years. Many in the property sector are aware of the complications around reporting carbon emissions to comply with the CRC and charging the costs of allowances to those consuming the fuel.

The UK Government’s comprehensive spending review last week has actually taken a positive step to simplify CRC but has done so in a way which will undoubtedly increase the cost of CRC for all of the participants.

Many in the industry are calling this a stealth tax but as everybody immediately noticed the impact of the change that must be a misnomer!

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This post was written by Philip Olmer, Catrin Phillips and Siobhan Hayes.

There have been numerous press reports about the Coalition Government’s intention to axe many of the quangos created by former Labour administrations as part of the Government’s effort to reduce the country’s deficit. Recent articles have speculated that up to 200 of these quangos will be axed - from British Waterways and the Infrastructure Planning Commission to the Audit Commission (see the Daily Telegraph and the BBC articles). Much has been made of the effect of potential job losses such cuts would entail, particularly in more deprived areas of Britain, but there has been no mention of the other significant component of shutting these operations – that is, the cost of disposing of the properties occupied by those quangos and the likely effect on the landlords of these properties in terms of loss of rental income, other property costs and the effect on reversionary values.

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This post was written by Richard Nicoll, Emma Parsons and Siobhan Hayes

Since we posted on the effects of The Commons Act 2006 back in June 2009 there have been three cases. Many land owners will now find it harder to resist an application for registration of land as a town or village green and will have to live with the restrictions that registration creates.

The recent cases have been decided in favour of the residents who claim the right to use the land as a green and, as a result, developers of open land must face up to the issue at an early stage.

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