It should be no surprise that ongoing discussions about tweaking the 1954 Act regime features in the Law Commission's 14th Programme, but good to see the practical issues thrown up by the Landlord and Tenant (Covenants) Act 1995 and the problematic Landlord and Tenant Act 1987 will be under review.
Not only is it very unlikely that those indexation factors will become negative (think about recent downturns and when the BoE base rate was barely over 0%), but index-linked reviews could prop up rents where inflation outstrips true market rents for an asset, locality, or the real estate market
I've since wondered whether the preservation of index-linked rent reviews (albeit theoretically possible of reducing rents on review if the CPI or RPI were to go *down*) will dull the impact of the proposed reforms, albeit still reducing the scope for rents to properly keep pace with market values
ICYMI: A week ago I shared my first thoughts on s.71 of the English Devolution and Community Empowerment Bill which - to the surprise of the real estate industry - introduces a ban on upward-only rent reviews in commercial leases.
www.hoganlovells.com/en/publicati... (1/2)
Benjamin Faulkner, who represents the successful tenant in this case, shares his thoughts on the judgement in the latest article in the PLA's Speakers' Corner. Permission to appeal has been granted to the landlord, so watch this space for the next instalment
www.pla.org.uk/articles/spe...
(4/4) ... rather wealthy long leaseholders, including investors who hold a number of leases as investments and to let out (which brings to mind memories of the Dolphin Square "collective" enfranchisement case). A case to watch as it unfolds this week ... www.housingtoday.co.uk/news/freehol...
(3/4) The applicants, including two charitable trusts, argue amongst other things that the main beneficiary of changes to the way enfranchisement premiums are calculated will not be the ordinary person in the street, but
(2/4) The court will have heard arguments about unfair transfer of value without compensation from freeholder to leaseholder in breach of the right to property enshrined in the European Convention of Human Rights (ECHR).
The judicial review application in relation to the Leasehold and Freehold Reform Act has been in the High Court this week. (1/4)
#SocialMobilityDay 2025 aims to raise awareness, promote conversations, and encourage action to improve social mobility in the UK. Find out what the PLA is doing to improve access to the wider Real Estate industry to students from lower socio-economic backgrounds www.pla.org.uk/articles/pla...
Abandoning long-held industry conventions can be tricky, but that is no excuse for failing to adapt. This blog is a useful reminder that across the industry our colleagues have already taken steps in the right direction, making it much easier for others to follow.
www.linkedin.com/posts/proper...
PLA South Coast - step up to the oche! Celebrate the PLA's 30th anniversary at our “Bring a Property Professional” networking event at Turkuaz Restaurant in Winchester. Network with colleagues whilst testing out your dart skills on the virtual dart boards. Book here: www.pla.org.uk/events/pla-s...
Summer infrastructure planning round-up:
It’s time to take stock and look at the key stories from the first half of the year, before scanning the horizon to see what’s coming next, as the government looks to accelerate the delivery of major infrastructure.
www.hoganlovells.com/en/publicati...
Energy is a hot topic for this government, whether lifting the de facto ban on on-shore wind or reviewing planning constraints. Here, we consider whether the current political backdrop has impacted microgeneration, as well as what is required for developers.
www.hoganlovells.com/en/publicati...
Eloise Illingworth of the PLA Law Reform Committee attended the most recent Tribunal (Lands Chamber) Users’ meeting on 22 January 2025. In this blog, we have set out the key takeaways and tips for PLA members and Tribunal users gleaned from the meeting. www.pla.org.uk/articles/blo...
The JAC has been asked to identify candidates to recommend for the post of Judge of the First-tier Tribunal Property Chamber.
A pre-application seminar took place Thursday 1st May 2025. View the seminar here: url.uk.m.mimecastprotect.com/s/_jRgCv266S...
In a relatively short judgment the SC found the wording of s10(1) of the Dartmoor Commons Act 1985 "unambiguous". The right to enter Dartmoor for open-air recreation is not caevated by the words "on foot and on horseback" which relate only to the means of access for those pursuits.
The Supreme Court has handed down its Dartmoor wild camping decision in the case of Darwall and another v Dartmoor National Park Authority.
An HL team, led by Private Equity partner John Livesey and Real Estate partner Graham Cutts, has advised KSL Capital Partners on its acquisition of JW Marriott Venice Resort and Spa, one of Venice’s premier 5-star hotels, from Aareal Bank Group. Find out more about the transaction here!
The Hogan Lovells real estate team has been shortlisted in the 'Outstanding Legal Team of the Year – International & Large Firms' category at the 2025 #PropertyAwards. It's great to be connected with a team so often recognised for its work at the cutting edge, from renewable energy to hotels & more
Did you miss our Rights of Light breakfast seminar last week? Here are some of the panel's top tips on early resolution of rights of light disputes...
Microgeneration is now firmly part of the landscape when it comes to creating a more sustainable network for power generation. Plug in to our Future of Energy article from a cross-border selection of Hogan Lovells specialists to find out more.
www.linkedin.com/company/hoga...
Day 2 at #UKREiiF and an unmissable session for your agenda today at 4.30pm: the Junior PLA's session, "The unintended consequences of the Renters’ Rights Bill". Catch up with the PLA's delegates if you're around.
What is the RICS's Whole Life Carbon Assessment?
In our article, the
@HLRealEstate
team explains the importance of a global approach to measuring the impact of the built environment on carbon emissions throughout an asset’s life cycle. engage.hoganlovells.com/knowledgeser...
If you missed our webinar on the various and varied issues that can arise out of developing and investing in mixed use developments, here is a link to the recording. Let me know if this raises any questions for you and your business.
HL Real Estate Horizon Scanner:
The new UK government has leapt out of the starting blocks, promising a rental revolution and a planning shake-up. So what new legislation is coming down the line and which are the crucial cases to have on your radar?
Renter Reform Revisited: The Renters Rights Bill – What’s new?
By me, for Hogan Lovells Engage engage.hoganlovells.com/knowledgeser...
At HL and with the British Property Federation I have been looking closely at the opportunities that might come from this latest consultation. 70 yrs is a long time even in property, and the commercial relationship and environmental landscape have changed a great deal since 1954.
