Commercial leases in exceptional circumstances: the pandemic (Part two)
In part one of our blog we looked at the challenges faced by tenants and landlords of commercial properties. We looked at the exceptional circumstances causing the issues and the practical steps the government has put in place to help, like the Coronavirus Act 2020 and a new code of practice for Commercial Property Relationships…
Read MoreCommercial leases in exceptional circumstances: the pandemic (Part one)
The COVID-19 pandemic and the lockdown it prompted brought the majority of commercial life in the UK grinding to a halt on 23rd March. While much of the media coverage centred upon measures such as the Coronavirus Job Retention Scheme and other direct interventions, there were also attempts to deal with the disaster unfolding along…
Read MorePros and cons of promotion or option agreements for landowners and developers
The Government’s determination to boost the supply of homes across the country is ensuring more landowners and developers are increasingly seeking to promote sites for residential development. Here at Newmanor Law, we work regularly with both landowners and developers, looking at both sides of the development process and regularly assessing the relative merits of the…
Read MoreDevil in the detail when developing property
When it comes to property development projects, there is a common myth perpetuated by the poorly prepared when delays slow the final disposal and that is, ‘lawyers hold up deals’ or ‘lawyers kill deals’. When the development has taken years and the final completed edifice stands proudly above the skyline, or the marketing material is…
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