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Legal Briefing

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Property update, October 2010

Overview

The latest UK real estate update from UK law firm Wragge & Co, in which the firm’s real estate lawyers comment on legal issues and take note of any action points that will help you and your organisation.

Issues in this edition include whether a break notice is valid if given to the wrong landlorad; whether specific performance will be ordered when a buyer does not have the funds to complete a contract; and why with a contract, what you see is not always what you get.

CONTENTS

• Landlord and tenant - is a break notice valid if given to the wrong landlord?
• Contract - will specific performance be ordered where the buyer does not have the funds to complete?
• Contract - what happens if you get more than you bargained for?
• Restrictive covenants - whose consent is needed?
• Contract - why what you see is not always what you get
• Planning - tree preservation orders; updated guidance on greater flexibility for planning permissions; the Planning Inspectorate and the community infrastructure levy

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