News / Ince advises London local authority trading company in £38m acquisition of 155 properties
26-05-2021 / Real Estate
Our Real Estate team recently advised local authority trading company, TBG Open Door Limited (part of The Barnet Group), on the acquisition of 155 properties in a deal worth £38 million.
News / Your future in the UK post-Brexit and post-Covid 19: what you need to know
08-04-2021 / Real Estate
Over the last twelve months, the United Kingdom (UK) like the rest of the world, has seen the COVID -19 pandemic impact hugely on our ability to travel freely, to relocate for business, work, investment and education. We now see some light at the end of the tunnel with the UK’s mass immunisation programme which has seen infection (and thankfully) mortality levels fall dramatically. This is finally giving people hope for the future, resulting in renewed interest in the UK as a safe place to live, to invest in, and as somewhere to educate their children.
News / Estate Agents & AML: Knock Knock Who’s There?
26-03-2021 / Real Estate
The Fifth Money Laundering Directive came into force in January 2020, extending the UK Money Laundering Regulations and implementation of regulatory controls to include real estate firms, real estate brokers, estate agents and rental intermediaries.
News / Ince launches first integrated technology and legal advisory know-your-customer (KYC) solution in the real estate sector
15-03-2021 / Real Estate
New digital client onboarding solution delivered in collaboration with leading technology providers eLegal, Yoti and Arachnys.
Insights / Seven top tips for creating overage (claw-back) agreements for property developments
03-09-2020 / Real Estate
Property development often involves uncertain outcomes, and the pandemic has highlighted that circumstances can change in unexpected ways.
News / How to mitigate potential issues when returning to work in let commercial properties
21-08-2020 / Real Estate
Shops may not be able to accommodate the government’s guidance on working safely during the pandemic in practical terms.
Insights / Planning law in revision
24-07-2020 / Real Estate
Boris Johnson recently announced that he would introduce the most radical planning changes since the Second World War. The government followed that announcement with the Town and Country Planning (Use Classes) (Amendment) (England) Regulations 2020 (T&CPUA) which creates new use classes in relation to England which comes into effect on 1 September 2020.
Insights / Seven steps to prepare for an exit or surrender of a commercial lease
22-07-2020 / Real Estate
As the conditions of the property market continue to change and evolve, both landlords and tenants are having to consider the best way to exit or surrender a commercial lease.
Insights / A Higher Form of Realty – Beyond the Sale and 5MLD
20-07-2020 / Real Estate
On 29 March 2018, the Treasury Committee launched an inquiry into Economic Crime including the examination of two areas where a risk of money laundering had been identified — property and company formation.
Insights / Temporary Relief for Tenants in Singapore during the COVID-19 Pandemic – Part 1
17-07-2020 / Real Estate
It is impossible to exaggerate the significance of landlord and tenant law in Singapore. The steady accretion of land to ultimate Government ownership since the passing of the Land Acquisition Act in 1966 has inevitably reduced the amount of land held in fee simple.
Insights / Tax-free threshold for Land Transaction Tax increases for house purchases in Wales
16-07-2020 / Real Estate
It was announced this week that the tax-free threshold for Land Transaction Tax (“LTT”) will increase from £180,000 to £250,000 for house purchases in Wales from 27 July 2020 until 31 March 2021.
Insights / Bounce back stamp duty tax changes for residential investment buyers
08-07-2020 / Real Estate
The Government has announced a nine-month holiday for stamp duty land tax as part of their bounce back strategy following the Covid-19 pandemic.
Insights / Top tips for buying a property at auction after Covid-19
07-07-2020 / Real Estate
As a result of the Covid-19 pandemic, most property auctions are understandably being hosted online. Online auctions have been the trend for a while, and it is possible to inspect remotely and bid totally online. Buyers are potentially more willing to accept the limitations inherent from this auction method during Covid-19 restrictions.
Insights / Tenant alterations - A word of warning from the supreme court
14-05-2020 / Real Estate
The very recent Supreme Court case of Duval v 11-13 Randolph Crescent Ltd  UKSC 18, provides a stark reminder to landlords and tenants to carefully review the terms of the lease when a request for consent to make alterations is made by a tenant.
News / Landlords of tenanted residential properties: new energy efficiency regulations are now in force which you cannot ignore
13-05-2020 / Real Estate
The Minimum Energy Efficiency Standard (‘MEES’) came into force early 2018, and applies to domestic private rented property. They are designed to encourage landlords and property owners to improve energy efficiency standards and set a minimum to those standards.
News / Q&A: Commercial rents and the Coronavirus Act 2020
01-05-2020 / Real Estate
Prior to Covid-19, the high street was already going through a fairly tough time and so the arrival of the global pandemic is nothing short of catastrophic. Commercial tenants are understandably seeking ways in which to survive these times; which inevitably leads to discussions with landlords in respect of the rents payable under the lease. We consider some of the common questions asked by clients in this respect.
News / Commercial rent arrears, forfeiture and the Coronavirus Act 2020
31-03-2020 / Real Estate
The Coronavirus Act 2020 (the Act) received royal assent on 25 March 2020 and is now law. This new legislation followed the government’s earlier press release which confirmed that “Commercial tenants who cannot pay their rent because of the coronavirus will be protected from eviction” [our emphasis].
News / Settlement at mediation – handle with care
24-12-2019 / Real Estate
In June 2019, David Quinn, a Managing Associate in our Property Litigation team, acted for the successful Claimants in the High Court case of Abberley and others v Abberley (2019) EWHC 1564 (Ch).
News / Anti-Money laundering in the Real Estate Industry: Can we learn from the financial services experience?
09-07-2019 / Real Estate
Anti-Money Laundering and Counter-Terrorist Financing (‘AML’) regulations have increased compliance costs and regulatory scrutiny in the past four years with no less than three European Directives published since 2015. The scopes of the first regulations were originally focused on financial services but were extended to other sectors including the real estate industry. Penalties have already been imposed on a number of agents. How can estate agents mitigate their regulatory risk? This note explores the regulatory landscape in the Real Estate industry, then uses the lessons learnt for the financial services industry to explore the possibility to implement a real estate solution.
News / Ince Gordon Dadds and Hotel Property UK hosts Beds over Sheds breakfast seminar
10-05-2019 / Real Estate
On Tuesday 30th April, Ince Gordon Dadds LLP were delighted to welcome 70 guests to a ‘Beds over Sheds/ breakfast seminar at our Aldgate Tower office.
Insights / Stamp Duty Land Tax (SDLT) overpayment is rife among property developers – claim your refund before it’s too late.
08-05-2019 / Real Estate
Having worked with many property developers, we have found that many are unaware of the various Stamp Duty Land Tax (SDLT) exemptions and reliefs available to them. This has resulted in an overpayment of tax.
News / Raising capital from real estate sale and leasebacks as an alternative to debt financing
18-03-2019 / Real Estate
This article compares sale and leasebacks and debt financing from the perspective of a corporate occupier seeking to raise capital from their real estate assetsnbsp
News / Raising capital from real estate: sale and leasebacks as an alternative to debt financing
18-03-2019 / Real Estate
This article compares sale and leasebacks and debt financing from the perspective of a corporate occupier seeking to raise capital from their real estate assets.
Insights / How to recover rent arrears from residential tenants
30-01-2019 / Real Estate
We will explore in this article the different ways of recovering rent arrears from residential tenants.
News / Considerations when buying a property through the purchase of a company
09-07-2018 / Real Estate
Where UK real estate is owned by a company and that company wishes to dispose of it, buyers can, in certain circumstances, choose between acquiring 100 of the shares in the company from its shareholders or buying the property outright from the company One of the main advantages of structuring a real estate transaction so that a buyer acquires the shares in the company is that the buyer can realise significant tax savings
News / UK Government to implement a register of beneficial owners of overseas entities that own UK real estate
24-04-2018 / Real Estate
In April 2017, the Department for Business, Energy and Industrial Strategy launched a call for evidence seeking views on proposals to introduce a new register showing who owns and controls overseas companies and other legal entities that own UK property. The response to the call for evidence has now been published and sets out how the Government plans to implement the register.
News / Landlords and Tenants take note: the Minimum Energy Efficiency Standards Regulations affect all commercial and residential lettings from 1 April 2018
04-04-2018 / Real Estate
The Minimum Energy Efficiency Standards (MEES) were introduced by the Energy Efficiency (Private Rented Property) (England and Wales) Regulations 2015 (the “Regulations”) and will apply to private rented commercial and residential premises from 1 April 2018.
News / Ince Gordon Dadds advise on £31m purchase of petrol station/convenience store portfolio
21-12-2017 / Real Estate
We have recently completed a transaction advising on the purchase of a portfolio of 14 convenience stores and petrol filling stations for just under £31m.
News / Estate agents must look out for money laundering – Alex Ktorides’ article in Mortgage Finance Gazette
13-09-2017 / Real Estate
Following new anti-money laundering law, estate agents now have to scrutinise house buyers’ finances to make sure they are not buying property with dirty money. But the legislation was rushed through and there is concern that estate agents are not fully aware of their responsibilities. Alex Ktorides, partner at Ince Gordon Dadds, explains
News / Mediation today – settlement or structural failure? – Adrian Bingham’s article in The Law Society Gazette
09-01-2017 / Real Estate
Adrian Bingham's article was first published by The Law Society Gazette on 21 December 2016 Legal practitioners are increasingly impervious to the arts of mediation – but it can achieve remarkable results
News / Look out: Ian Chappell's Article in Property Briefing
18-12-2015 / Real Estate
This article was first published in Haysmacintyre's Autumn 2015 Property Briefing When objects fall off buildings causing damage or injury, the liability faced by the property owner (and its insurer) can potentially be significant. There are, of course, many reasons why masonry or cladding, bits of steel or glazing might fall from a building and usually expert investigation will be able to show why it happened. The courts then decide (with the assistance of the parties’ lawyers) who is liable for the loss and damage by establishing whether a contractual and/or other duty of care was owed, who owed it and whether there was a failure in that duty.
News / Insurance Act 2015 in Practice
01-12-2015 / Real Estate
The Insurance Act 2015, coming into force August 2016, will significantly alter the relationship between the insurer and the commercial insured.
News / Residential Landlords: Does your tenant have the "right to rent"?
27-10-2015 / Real Estate
As from 1 February 2016 all private landlords in England will have to check that any new tenants have the right to be in the UK before renting out their property (“the right to rent”).
News / Leasehold Enfranchisement: Freeholders Beware!
10-08-2015 / Real Estate
Do you own the freehold of a block of flats? Do you own a building with two or more flats in it? If you answered yes to either question, is there a head lease in place between you as freeholder and the tenants of the individual flats? If the answer is yes again, you may be at risk of losing a potentially valuable asset.
News / Summer 2015 Budget – Impact on non UK Domiciles & UK Residential Property
09-07-2015 / Real Estate
Ending Non-Dom Tax Status With effect from 6 April 2017 a non-domiciled individual who has been resident in the UK in 15 of the previous 20 tax years will be deemed domiciled in the UK for all tax purposes. The change effectively brings to an end the “non-dom” tax status for these “longer term” residents. The option of paying tax on foreign income and gains on the remittance basis will no longer be available.
News / Property Alert: Landlords and "Heat Suppliers" Caught by the Amended "Heat Network Regulations"
10-06-2015 / Real Estate
Landlords of multi-let buildings who supply heat, hot water or cooling through a communal system may be bound by the obligations imposed by the Heat Network (Metering and Billing) Regulations 2014 as amended by Heat Network (Metering and Billing) Amendment Regulations 2015.
News / Buying the Freehold of your Apartment Block
02-12-2013 / Real Estate
Tenants of long lease flats in apartment blocks have the right to get together and buy the freehold from the current owner This process is known as collective enfranchisement However, the cost of doing so may just have risen, following a recent Court of Appeal decision in the case of Cravecrest Ltd v Duke of Grosvenor and Vowden Investments Ltd