Real Estate Matters - Spring 2013

09 May 2013

Welcome to the Spring edition of the Collyer Bristow Real Estate Newsletter providing update and comment on issues and developments that affect the world of Real Estate and those doing business in it.

In this edition and with our developer clients in mind, we provide our top ten tips for making development leases and project finance documentation acceptable to any potential funder. For our investor clients, we examine the implications of recent break clause cases and the risks to sellers of not taking sufficient care when replying to buyers' enquiries. For those active in residential lettings, we consider the recent high profile service charge cases and consider their effect on how residential landlords, tenants and managing agents operate in that arena.

We also discuss the long overdue Law Commission's rights to light consultation, the outcome of which it is hoped should bring a degree of clarity to a currently over-complicated area of law.

Also, we look at the risks many real estate related businesses face in becoming time-barred from pursuing interest rate mis-selling claims against banks, whilst more generally touching on the FSA review being undertaken into interest rate hedging products.

Partners Michael Grace (Real Estate Disputes), Jonathan Pawlowski (Construction) and Stephen Gawne (Real Estate) recently attended MIPIM and reported a significant increase in optimism among delegates and an appetite to take advantage of the improved market conditions.

Finally, we are pleased to welcome Katie Buxton to our Real Estate team as an Associate.

Disclaimer: The content of these article is provided for general information only and does not constitute legal or other professional advice. Appropriate legal or other professional opinion should be taken before taking or omitting to take any action in respect of any specific problem. Collyer Bristow LLP accepts no liability for any loss or damage which may arise from reliance on information contained in this article.

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