Refurbishment is dominating the London office sector, according to the Deloitte London Crane Survey

The Deloitte London Crane Survey has once again revealed that developers are showing a propensity to renovate existing offices instead of constructing new ones as they seek to meet occupier demand for eco-friendly buildings whilst navigating the slow planning system and tightening green legislation. The latest issue of the bi-annual survey has highlighted a continued…

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The emotional cost of bad property transactions

Developers, please remember there is an emotional cost as well as a financial cost to bad property transactions. I sat down recently for coffee with a developer, and it struck me that, in addition to the financial cost, there is a high emotional cost to a badly run property transaction. In this case the developer…

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The role of bridging loans in the current market

Do you know what the top three bridging loan purposes are? Drum roll please… according to Bridging Trends, in third place is bridging for business funding, which nearly doubled from 8% in Q4 2023 to 15% in Q1 2024. The second most popular purpose is chain breaks at 19% (up from 16%). And first place…

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Removing an unwanted horse from private or public land

When the Control of Horses Act 2015 (the Act) was enacted, it was estimated that there were up to 3000 horses unlawfully grazing on land not owned by their owners. Whilst some of these horses had simply been abandoned, others were involved in ‘fly-grazing’, a term used for grazing horses on private or public lands.…

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Why Developers need to take Tree Preservation Orders seriously

The importance the law places on upholding Tree Preservation Orders (TPO) should never be underestimated, as North Northampton Council and developers Stanton Cross LLP found to their detriment recently, when the High Court found that 16 ancient lime trees had been unlawfully felled to prepare for the expansion of an access road. Despite a Tree…

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A career after a baby is possible

In the UK, eligible employees can take up to 52 weeks maternity leave with the right to return to work. However, a recent poll of 848 mothers commissioned by ‘Careers After Babies’ suggests that while 98% of women want to return to work after maternity leave, only 13% say it is actually viable for them…

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Commercial Property Predictions 2024 – Part Two  

In the first part of this article we looked at some predictions relating to the commercial property market in 2024, covering areas such as office spaces, residential property and the retail sector.   We also provided a brief précis of the wider economic outlook at the beginning of 2024, as extrapolating from the second half of…

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Commercial Property Predictions 2024 – Part One

It’s always going to be tricky to make forecasts about something as wide-ranging, varied and dynamic as the commercial property sector in the UK, but in this, the first of two articles, we’ve rounded-up some of the key real estate predictions for 2024, as set out by a range of respected and authoritative voices such…

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Biodiversity Net Gain: FAQs for Developers and Lenders

Imagine a future where new developments are legally required to enhance the natural world. For developers submitting new planning applications for major developments in England, that future commenced on 12 February 2024 with mandatory biodiversity net gain (BNG). For small sites, there is bit more time with a delay until 2 April 2024. If you…

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