Proxima GR Properties Ltd v Spencer (UT) – concerning the premiums payable for three new lease claims, in particular the amount payable in respect of ground rent where a rent review was due in 2005 but the new rent was not determined until 2016 – considers the legal effect of letters sent by the leaseholder in 2010 which set a deadline for the rent review, and whether they had made time of the essence for the rent review.
For more information see the UK Upper Tribunal (Lands Chamber).
A notice under the Law of Property Act 1925 s.146 could only be validly served if a right of re-entry to leasehold premises had arisen through a particular breach under the provisions of the lease having occurred. There was no authority for the proposition that a s.146 notice could be served before the relevant right to re-entry had occurred, on the basis of an anticipated breach.
For more information see the England and Wales High Court (Queen’s Bench Division) Decisions.
On 23rd June 2016 the UK voted to exit the European Union. In this post we round-up the legal implications with respect to property, planning and dispute resolution.
We are thrilled to announce that a delegation from CG Naylor LLP will be attending the MIPIM property forum at Palais des Festivals in Cannes from 13-16 March 2018.
If you own a flat in a block that forms part of a wider estate, the idea of organising a Right to Manage (RTM) claim might seem time-consuming, difficult and costly.
Leaseholders can take control over the management of their building, without proving fault on the part of the landlord, by setting up a right to manage (RTM) company.
The following article is from VIS LEGIS, a Slovakian law firm with which we are developing close ties in order to best serve our clients with cross-border interests.
The term litigation funding refers to financing a legal claim, usually via a professional, third party litigation funder but also through innovative legal pricing structures.
Third party litigation funding is a form of legal finance, whereby the litigation funder agrees to support your claim financially in exchange for a share of damages recovered.
An Alternative Funding Arrangement (AFA) is an innovative form of legal finance that greatly reduces the risk of litigation whilst significantly increasing its affordability.