News
Welcome to our news page. Here you will find out what we’re up to and what we think about recent events and future possibilities.
Government updates its Capital Funding Guide to permit the Recycled Capital Grant Fund (RCGF) to use for fire safety works
Earlier this month, the Government updated Chapter 7 of its Capital Funding Guide which sets out the rules and requirements for grant funded schemes (as well as occasional nil grant schemes) which grant recipients must follow.
Autumn Statement confirms rent cap of 7%
Jeremy Hunt has announced that social and affordable rent increases will be capped at 7% as of April 2023 for a period of 12 months to combat the cost of living crisis and in response to “unprecedent global headwinds” the country is facing.
Welsh Government caps rent at 6.5% for 2023
Social rents in Wales will rise by a maximum of 6.5% from April 2023 under a new settlement announced by the minister for climate change, Julie James.
Outcome of consultation on Renting Homes (Wales) Act 2016 – six month no-fault notice period for converted periodic standard occupation contracts to apply from 1 June 2023
In September a consultation was issued on a proposal to extend the landlord's no-fault notice period required for converted periodic standard contracts under the Renting Homes (Wales) Act 2016 (RHWA 2016) from two months to six months.
Devonshires advise Saxon Weald on £70m private placement
The Devonshires’ Banking and Capital Markets team are delighted to have advised Saxon Weald on its £70m sustainability-linked private placement.
Devonshires maintains 100% Trainee retention record
We are delighted to have retained all of our newly-qualified solicitors for the fourth consecutive year.
New Real Estate and Projects Partner joins our growing team
Krissun Soodin joins our Real Estate and Projects team as a Partner.
Sector Risk Profile 2022 Issued
The Regulator of Social Housing (Regulator) has published its 2022 Sector Risk Profile (SRP) this morning, setting out its view of the most significant sources of risk to Registered Providers of Social Housing (RPs).
Government appeal dropped against a successful Net Zero Strategy challenge
In July 2022, the High Court determined that the Government’s Net Zero Strategy was inadequate (and unlawful) as it did not include matters that are material to the issue of whether the Climate Change Act 2008 (“CCA 2008”) targets could be met.
Devonshires’ NEW Sustainability and Decarbonisation Team
We are delighted to announce the introduction of our latest cross-departmental team, specialising in Sustainability and Decarbonisation.
Consultation launched for notice periods for converted standard contracts under the Renting Homes (Wales) Act 2016
One aim of the Renting Homes (Wales) Act 2016 (‘the Act’) when it comes into force on 1 December 2022, is to improve security of tenure and a way of achieving this is by increasing the period of notice that a landlord must give when seeking repossession where the tenant is not at fault.
Tenant Satisfaction Measures from 1 April 2023
The long awaited Decision Statement on the Consultation on the Introduction of Tenant Satisfaction Measures has today been published by the Regulator of Social Housing.
