News

From 26 June 2017, as part of the implementation of the EU Fourth Money Laundering Directive, the Persons of Significant Control (“PSC”) regime will be updated.

Squatting in residential buildings has been a criminal offence since 2012 but the number of people squatting is still rising with owners of commercial properties now at most risk.

Anna Bennett, Solicitor in our Housing Management department, reviews the options open to landlords whose tenants are subletting the property, and the problems they might encounter with holiday sublets.

We have had a number of queries from Registered Provider clients about completion of their Statistical Data Returns.

In this update Suryen Nullatamby, Solicitor in our Construction Team looks at the recent case of Dawnus Construction Holdings Limited v Marsh Life Limited [2017] EWHC 1066.

The London Stock Exchange is beginning to see a surge in investor interest in UK housing stock through investment in tax efficient vehicles known as Real Estate Investment Trusts (“REITs”).

JCT has released further contracts under its new 2016 suite.

In his recent decision, 16 March 2017, in Hutton Construction Limited and Wilson Properties (London) Limited [2017] EWHC 517 (TCC), Mr Justice Coulson expounded his views on the proliferation of the “smash & grab” cases and the courts’ robust and consistent approach vis-a-vis the increasing number of challenges brought by unhappy defendants in the Technology and Construction Court.

Devonshires advise The Welsh Housing Partnership on a £93,000,000 loan from PIC to support affordable housing in Wales.

The HCA has today published its Direction and related guidance for non-profit private registered providers (NPRPs) on the requirement to notify the regulator of restructures and constitutional changes.

As a result of the Carmichael decision handed down by the Supreme Court last November, new Regulations will come into effect from 1 April 2017.

At Devonshires, our experienced Litigation Department is extremely well equipped to represent our clients in a judicial review situation and this is an area we are continually developing.