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Clyde & Co LLP | United Kingdom | 17 May 2023

Government to announce new measures to protect residential leaseholders but will not abolish the leasehold system.

Despite previous pledges to abolish residential leaseholds in England and Wales by the end of this year, a clash between Michael Gove and Downing…
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Charles Russell Speechlys | United Kingdom | 7 Mar 2023

Missed deadline for registering on the overseas entity register

I wrote last year about the new legislation: the Economic Crime (Transparency and Enforcement) Act 2022. This legislation, which came into force on 1…
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Charles Russell Speechlys | United Kingdom | 10 Feb 2023

Leasehold and commonhold reform: what further indications have the Government given for 2023?

No sooner had the ink dried on our latest article: A year on from the Government consultation on leasehold and commonhold reform in England and…
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Charles Russell Speechlys | United Kingdom | 20 Jun 2022

The Leasehold Reform (Ground Rent) Act 2022: Landlords and developers beware serious sanctions for non-compliance

The Leasehold Reform (Ground Rent) Act 2022 received Royal Assent on 8 February 2022 and will come into force on 30 June 2022. The legislation…
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Bryan Cave Leighton Paisner LLP | United Kingdom | 21 Feb 2022

How long does a landlord have to respond to a request for consent to assign?

I am the owner of a luxury three-storey leasehold apartment. My lease has 150 years to run. I want to sell by assigning the lease, but I need my…
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Boodle Hatfield | United Kingdom | 12 Jan 2022

Leasehold enfranchisement: the latest consultation

A year ago, the government announced its imminent plans to reform the future of homeownership in England and Wales which had been noted as the…
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Morrison & Foerster LLP | United Kingdom | 8 Jan 2021

Leasehold Reform Government Press Release

The UK Government announced yesterday (7 January 2021) that leaseholders will be given the right to extend their leases by a maximum term of 990…
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Singleton Urquhart Reynolds Vogel LLP | Canada | 20 Apr 2020

Real Estate Transactions and COVID: Challenges to Closing

A dispute arose respecting who should bear financial responsibility for the costs of a multi-million dollar building remediation project. Overview A…
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Cadwalader Wickersham & Taft LLP | United Kingdom | 25 Feb 2020

Negotiating Lender Approval Rights over Service Agreements for Hospitality and Other Properties

Standard loan documentation for most commercial property classes typically includes lender approval rights over major commercial leases (subject to…
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Clyde & Co LLP | United Kingdom | 13 Nov 2019

Real Estate Bulletin - November 2019 - Contracting out of security of tenure - Can tenants have their cake and eat it too?

The recent High Court decision in TFS Stores Limited v BMG (Ashford) Limited et al [2019] EWHC 1363 (Ch) is an important decision dealing with the…
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