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Author : Property Team

The Register of Overseas Entities – Buying Land in the UK

New Registration Requirements for Overseas Entities Buying Land in the UKFor several years, the UK government has sought to cut property fraud and money laundering activity in the UK. One key element they have focused on is making the ownership of property in the UK more transparent. Overseas entities have sought to invest in pr ... Continue reading

Occupation Contracts - The New Form of Tenancy Agreement Under the Renting Homes (Wales) Act 2016

The Renting Homes (Wales) Act 2016 (“the Act”) (passed six years ago) will be coming into force on 15 July 2022. This Act will fundamentally change the current system for letting residential property in Wales.The change has been introduced to simplify the letting process and make it easier for contract-holders (the new term for ... Continue reading

Formalities for Signing Tenancy Deposit Protection Prescribed Information

Since 06 April 2007, landlords of assured shorthold tenancies in England and Wales have been legally required to protect their tenants’ deposits in an authorised tenancy deposit scheme within 14 days of receipt of the deposit monies. Landlords must also provide tenants with prescribed information about the scheme (which contains ... Continue reading

Anticipated Changes for Property in 2022

2022 is set to see more legislative and regulatory change for both residential and commercial property in England and Wales.In this blog post we look at anticipated changes and recent government announcements. It is not a conclusive list, and we have focused on those matters of particular relevance to our customers. As we have s ... Continue reading

Draft Bill for Ring-Fencing Commercial Rent Debt Now Published

Following up on September’s post, New Rent Debt Ring-Fencing Legislation, (which looked at the Government’s intention to set out legislation to deal with commercial rent arrears built up during the pandemic), this post looks at the Government’s much-anticipated draft Bill to address this issue.The Bill (expected to come into for ... Continue reading

New Rent Debt Ring-Fencing Legislation

New Legislation to Ringfence Commercial Rent Debt Accrued During the PandemicThe Government has announced that they will introduce new legislation to deal with the commercial rent arrears which have built up as a result of the Covid-19 pandemic.The legislation is expected to be introduced before the end of the moratorium on forf ... Continue reading

Renting Homes (Amendment) (Wales) Act 2021

The Renting Homes (Amendment) (Wales) Bill gained Royal Assent on 07 April 2021 (‘the Amendment Act’). The Amendment Act amends certain provisions of the Renting Homes (Wales) Act 2016 (‘the 2016 Act’). The 2016 Act (when it comes into force) will significantly reform housing law and practice in Wales. No date has been set for w ... Continue reading

Covid-19: Key Issues for Landlords

The Covid-19 pandemic has created upheaval for almost all businesses and individuals. Many landlords and tenants are experiencing financial hardship. To protect commercial and residential tenants from losing their premises during the pandemic, the government has brought in various emergency measures. Landlords and tenants have a ... Continue reading

New Property Regulations on Default Payments in Wales

The Welsh Government has laid regulations on the default payments which can be charged to tenants occupying premises under an assured shorthold tenancy in the private rented sector in Wales.The Renting Homes (Fees etc.) (Prescribed Limits of Default Payments) (Wales) Regulations 2020 (‘the Act’) come into force on 28 April 2020. ... Continue reading

Minimum Energy Efficiency Standards – Changes from 1 April

The Energy Efficiency (Private Rented Property) (England and Wales) Regulations 2015 (‘the 2015 Regulations’) established the new Minimum Energy Efficiency Standards (MEES) in the residential private rented sector. Since 1 April 2018 it has been unlawful for a landlord in England or Wales to enter into a new letting (or extend o ... Continue reading

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