Real estate newsletter
Autumn 2023
Real estate newsletter – summer 2023
Welcome to the autumn edition of Hill Dickinson’s real estate newsletter.
In this edition of the newsletter, our Real Estate Litigation and Construction teams have collaborated to offer their combined wisdom on two extremely topical issues, namely the important Building Safety Act changes from 1 October and the urgent problems being caused by Reinforced Autoclaved Aerated Concrete (RAAC).
This edition also features a warning about the annual updating duty for overseas entities, as well as an introduction to rooftop solar on commercial property.
We also include a guide to the taxation of UK real estate for non-residents that our Private Client team has prepared, while our healthcare real estate team provides some specialist advice for NHS bodies on overage and clawback.
We also share some exciting news concerning the Hill Dickinson real estate team.
Subscribers to Estates Gazette can also find the latest of our quarterly horizon-scanning columns in the 23 September edition.
We very much enjoyed hosting our autumn real estate update webinar, which you can watch a recording of here.
You will also find members of the Hill Dickinson real estate team speaking this autumn at events organised by the Royal Institution of Chartered Surveyors (RICS), the Retail and Leisure Agents Society (RLAS) and elsewhere.
If you have any queries relating to the issues raised in this newsletter, please contact the relevant author, or your usual Hill Dickinson contact.
October marks the start of the full higher-risk building regime with new requirements under the Building Safety Act 2022 (the BSA) coming into force on the 1 October 2023. The previous changes...
'Reinforced Autoclaved Aerated Concrete' (aka RAAC) is failing in many buildings and making headlines in the news. It has been named a crisis. Why? Because at the very least defective RAAC will be...
1 August 2023 marks the first birthday of the Register of Overseas Entities. This brings the annual updating duty into sharp focus, with serious consequences for land transactions involving overseas entities who are in default...
Landlords, along with managers and agents of commercial property, may have spent the last couple of years scratching their heads over any number of things. Almost certainly within those concerns have been energy costs, environmental responsibility and making premises adaptable to a post-Covid market...
UK real estate has always attracted significant international investment. Investment in UK real estate must be structured carefully in order to mitigate UK tax on acquisition, income and gains on sale
It is very common for NHS bodies to include overage and clawback provisions on the sale of surplus premises. In fact, it is a requirement of HBN 00-08 (Estatecode) that the inclusion of overage or clawback is considered on all sales...
Hill Dickinson real estate team news
Hill Dickinson confirmed as anchor tenant in landmark £400m St Michael’s scheme in Manchester
The firm will move its Manchester operation to No.1 St Michael’s in 2025. It will occupy 18,192 sq ft on the top floor of the nine-storey phase one development. The scheme represents best-in-class office space developed with the aim of achieving net zero carbon in construction and operation and targeting a BREEAM Outstanding rating. Read more…
Hill Dickinson advises Legacie Development on £200m Liverpool plans
Legacie Developments has outlined plans for a £200 million regeneration scheme on the edge of Liverpool city centre, which would help create more than 250 jobs. Read more…
First Hill Dickinson apprentices qualify through school leaver apprenticeship programme
International law firm Hill Dickinson is celebrating the success of its legal apprenticeship programme as the first of the firm’s annual intake of apprentices qualify as solicitors. Read more…
Key contacts
