Ban on upwards-only rent reviews: Act receives Royal Assent, but the commencement date is yet to be confirmed The Government has implemented the surprise ban on upwards-only rent reviews (“UORRs”) in commercial leases that was tucked away in a bill
More about Quarterly in Advance: Commercial Real Estate – What is on the Horizon?Under the Building Safety Act 2022 (“BSA“) and corresponding regulations all existing occupied higher risk buildings in England are to be registered with the national Building Safety Regulator (“Regulator”) by 1 October 2023. A failure to do so could lead
More about Part one: Occupied hrbs must be on the register – BSA occupational insights (england)Once a higher risk building is occupied, there are two main areas of the BSA that property investors should consider: the management of “building safety risks” and who is responsible; and the recovery of the costs of carrying out safety
More about Part two: Management of occupied buildings is not just for property managers – BSA occupational insights (england)Once a higher risk building is occupied, there are two main areas of the BSA that property investors should consider: the management of “building safety risks” and who is responsible; and the recovery of the costs of carrying out safety
More about Part four: Service charge recovery shortfalls in mixed use buildings – BSA occupational insights (england)In this latest of a series of articles of the BSA, we explore the enforcement of the occupational obligations of the BSA. WHO IS THE ENFORCEMENT AUTHORITY? The Building Safety Regulator (“BSR“), part of the Health & Safety Executive, is
More about Part three: Sanctions for breach of occupation requirements under the BSA – BSA occupational insights (england)In the previous article in our series on the obligations of a landlord of an occupied building, we explained some of the restrictions on service charge recoverability under the BSA. In this article, we explore a few further traps for
More about Part five: Service charge recovery and certificates – BSA occupational insights (england)