Sarah Easton recently wrote an article for Propertywire highlighting everything developers need to consider when it comes to overage.
Town and village greens are areas of open space that have been used by the inhabitants of towns or villages for the purpose of lawful sports and pastimes.
Landowners affected by a public right of way crossing their land can apply to the local highway authority seeking an order for its diversion. Applications are made under section 119 of the Highways Act 1980.
As with any property purchase, developer purchasers will want to know that the land they are buying has all the necessary rights for development and for the enjoyment of the ultimate homeowners once the project is built.
From 1 January 2022 housing developers are encouraged to register with the New Homes Quality Board and to adopt the New Homes Quality Code (the “Code”).
The publication of the government think tank’s report ’Rethinking the Planning System for the 21st Century’ set out its recommendations for an overhaul of the UK planning system.
An estate rentcharge is a historic mechanism of the late 19th century employed by estate owners to make it financially possible to meet the increasing housing need and collect rents for the upkeep of their land.
In November last year, the High Court examined in Finney v Welsh Ministers & Ors the test for how far a condition on a planning permission could be varied.
It has become mainstream for sellers to use overage, a mechanism whereby a future event undertaken (in respect of the land sold) by a buyer triggers an additional payment to a seller, as this helps to ensure best value on a sale of their property. With the use of overage becoming common place over the last few decades, it is no longer unusual to encounter land which is subject to existing overage provisions. These are our top tips when dealing with land subject to existing overage provisions.
One essential element of the due diligence undertaken on the acquisition of a development site is whether or not the land immediately abuts a roadway adopted as public highway.
Court of Appeal upholds High Court decision to rectify sale documents governing a sale of development land and order property developers to pay damages to major housebuilding company.
A number of retailers have issued Company Voluntary Arrangement (CVA) announcements this year. If a limited company is insolvent, it can use a CVA to pay creditors over a fixed period. If creditors agree, the limited company can continue trading during this time.
Thomsons Snell & Passmore are proud to announce that we have been awarded Commercial Property Team of the Year for 2017.
