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Property Newsletter March 2020

Issue 7

Welcome to the March 2020 edition of our Property Newsletter

At Prettys, we understand the property market and the needs and requirements of our clients.  In response to these needs, we have integrated our expertise from our Construction Team, Commercial Property Team and Contentious Property Team to create a dedicated Real Estate Team to become your ideal partners in all property-related matters.

In this newsletter Rebecca, Claire, Graeme, Fiona, Jen, Aimee, Ellie and Zoe look at

We hope you find these articles useful and if there are any topics or property issues you would like to see featured in a future edition of our newsletter, please do not hesitate to contact us.

General Disclaimer

We hope you find our newsletter interesting but please remember that the articles in this newsletter are for general information only and do not constitute specific legal advice.  For advice on specific issues please do not hesitate to contact us.

Contents

The word ‘Lockdown’ is currently in the news but what is meant by Lockout Agreement in a property transaction?

Lockout agreements are sometimes used in property transactions as a form of pre-contract agreement made in contemplation of a further agreement, and are designed to overcome the established principle of English contract law that states that there can be ‘no agreement to agree’ ... Read more

Coronavirus and your multi-let building

Unless you have managed to avoid the news, newspapers, social media, family, friends and colleagues, for the past 3 months you will be well aware of the worldwide spread of COVID-19.  As individuals we are now being vigilant in taking extra hygiene precautions ... Read more

Trains, drains and automobiles

*this article makes no reference to trains or automobiles. The recent case of Bate and another v Affinity Water Ltd [2019] EWHC 3425 (Ch) takes us back to basics on some fundamentals concerning ‘easements’ (read: legal rights to make use of another’s property). The case ... Read more

Making the jump – Thinking of adding a commercial property to your residential portfolio? Here’s what you need to know.

Life has been made increasingly hard for residential property portfolio holders with the phasing out of tax relief on buy-to-let mortgage interest from the 2016/2017 tax year and the SDLT surcharge on additional properties of 3% was also introduced from April 2016. This ... Read more

Preparing to let your commercial building?

We take a brief look at the types of ‘certificates’ a commercial landlord or an assigning/subletting tenant) must usually supply to the tenant before granting or assigning or subletting a lease of commercial premises. Before marketing your leasehold commercial property, or at least before ... Read more

Claire Barritt

Senior Associate

e cbarritt@prettys.co.uk

t 01473 298335

Rebecca Cleal

Senior Associate

e rcleal@prettys.co.uk

t 01473 298250

Graeme Burslem

Associate

e gburslem@prettys.co.uk

t 01473 298220

Fiona Galloway

Associate

e fgalloway@prettys.co.uk

t 01473 298239

Jennifer Rayner

Solicitor

e jrayner@prettys.co.uk

t 01473 298363

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