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Housing Market United Kingdom Real Estate Development

Jones Day

Bridging the Gap: Supply Shortfalls and Soaring Demand in the UK Build-to-Rent Sector

Jones Day on

The UK faces a significant housing crisis due to an acute shortage of homes caused by high capital costs, increasing construction and development expenses, regulatory and political uncertainty, and persistent delays in the...more

Jones Day

London Leads in Affordable PBSA: What's Next for the Rest of England?

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London boroughs are implementing the London Plan's requirements for affordable Purpose-Built Student Accommodation ("PBSA") in varied ways, with some setting stricter or additional criteria....more

BCLP

Tall Building Trends in London

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Tall buildings have hugely contributed to London’s sense of place and rightful place as a world-leading financial centre. They have made a defined impact on the London skyline particularly in the period between 2000-2019 when...more

Mayer Brown

Commonhold – Is It Really Around the Corner?

Mayer Brown on

BACKGROUND - The advent of commonhold has been much trumpeted. The government has just published a new white paper, The proposed new commonhold model for homeownership in England and Wales....more

Hogan Lovells

UK Leasehold Reform: Commonhold is coming

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Commonhold is a form of freehold ownership, where each unit holder owns their own unit (which could be a flat, shop or office unit), and together they own their communal areas through a “commonhold association” - a company...more

Hogan Lovells

The politics of housing: Changes to UK residential property law - beware the law of unintended consequences

Hogan Lovells on

The last government made significant changes to leasehold including banning new leasehold houses through the Leasehold and Freehold Reform Act 2024. The current government has indicated it will go even further through the...more

BCLP

What’s New in the Updated NPPF?

BCLP on

On 12 December 2024, the updated NPPF consulted on over the summer, came into immediate effect. The pro-development changes aim to increase housing delivery, support development generally and in particular key growth sectors...more

BCLP

The King’s Speech: Hints at the Planning Reform to Come

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So, now is the time to deliver. Among an abundance of new legislation announced in the King’s Speech, we see the legislative beginning of a heavily trailed reform to the planning system with the delivery of high quality...more

Mayer Brown

UK Election Bulletin: What would a Labour government mean for businesses?

Mayer Brown on

Overview - On 22 May 2024, UK Prime Minister Rishi Sunak announced that he had requested permission from King Charles III to dissolve parliament and call a general election. The election will take place on 4 July 2024....more

Jones Day

UK Housebuilders Avoid Immediate Regulatory Intervention, but Sector Now Faces Fresh Scrutiny on Information Exchanges

Jones Day on

The UK Competition and Markets Authority ("CMA") has identified "fundamental concerns" in the housebuilding sector and has made a series of recommendations for the UK, Scottish, and Welsh governments to consider, rather than...more

Jones Day

Biodiversity Net Gain: A New Requirement for Developments in England to Positively Impact the Environment

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The Situation: On January 17, 2024, mandatory biodiversity net gain ("BNG") regulations took effect, impacting most new developments in England. ...more

BCLP

Levelling Up and Regeneration Act 2023: Summary of Planning Reforms

BCLP on

The Levelling-up and Regeneration Act 2023 was given Royal Assent on 26 October 2023. It introduces some wide-ranging reforms to the planning system which we summarise in this Insight. However, most of the changes will not...more

Hogan Lovells

UK Real Estate Horizon Scanner

Hogan Lovells on

The last year has seen a huge amount of change, both politically and economically, which has also been reflected in a constant array of new government policies. What is coming down the line in terms of new legislation in 2023...more

Hogan Lovells

UK – a planning review of '22

Hogan Lovells on

The Secretary of State that saw out 2021 seems likely to see out 2022 – although nothing seems certain these days – but don't let that apparent continuity fool you into thinking that the year in planning was anything other...more

Hogan Lovells

UK Levelling-up and Regeneration Bill – When things don’t quite go to plan

Hogan Lovells on

In the latest article in our series on the Levelling-up and Regeneration Bill we consider the proposed changes which will have an impact when things don’t quite go to plan. These amendments cover various aspects of granting...more

Hogan Lovells

UK government legislates to make residential ground rents a thing of the past

Hogan Lovells on

On 8 February 2022, the Leasehold Reform (Ground Rent) Act 2022 received Royal Assent, effectively outlawing ground rents in residential leases in England and Wales once the legislation comes into force....more

BCLP

New Residential Property Developer Tax: the design of the tax

BCLP on

In this blog we consider the current design of the residential property developer tax (RPDT). Separately we have blogged on the triggers for liability. This blog is based on the current draft of the legislation issued on 20...more

Hogan Lovells

Residential property reform by UK government: Goodbye to ground rents

Hogan Lovells on

In the first part of a long-heralded suite of reforms to leasehold property law in England & Wales, the UK government has introduced a draft Bill which is intended to consign to history ground rents under leases of flats and...more

Hogan Lovells

UK Fire Safety: Who's picking up the bill on cladding?

Hogan Lovells on

The Fire Safety Act 2021 received Royal Assent at the end of last week.  What the Act lacks in size (it’s only four sections long), it makes up for in the controversy it caused during its passage through Parliament.  Its...more

Hogan Lovells

Will a new permitted development right save the high street?

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Last week, Housing Secretary Robert Jenrick announced the introduction of new legislation in England to allow Class E (Commercial, Business and Service) uses to be converted to housing without the need to submit a planning...more

Hogan Lovells

The Use Class that keeps on giving

Hogan Lovells on

Just when you thought that no more excitement could happen in the planning world, the government has launched a consultation seeking views on potentially far reaching proposals to allow a change of use from any Commercial,...more

Hogan Lovells

A summer of planning reforms - the best of the rest

Hogan Lovells on

Whilst the three previous articles in our series on planning reform have considered the main changes in the Planning White Paper, there are many more recent far-reaching proposals, both in the Planning White Paper and...more

Hogan Lovells

The Three Pillars of the Planning White Paper: Pillar One - Planning for development

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In early August, to much fanfare and the promise of "radical reform", the government published the "Planning for the Future" White Paper, setting out its route map to overhaul the planning system in England. The stated aims...more

BCLP

The Future of Planning: more of the same or a hint of more radical change to come?

BCLP on

MHCLG published some of its proposals for planning reform in its ‘Planning for the Future’ statement on 12 March 2020, which largely builds on the Conservative Manifesto 2019 promises. However, more measures for reform are on...more

Hogan Lovells

Game, set and match for leasehold housing and ground rents: Government responds to its consultation on leasehold reform

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Last week saw a volley of government announcements for the private rented sector and investors in leasehold residential property.  At the Chartered Institute of Housing Conference on 27 June, Prime Minister Theresa May and...more

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