A Turning Point for Commercial Leases
The English Devolution and Community Empowerment Act 2026 received Royal Assent on 29th April. One of its less scrutinised effects is the abolition of upwards only rent reviews in commercial property leases. This represents a clear shift in how risk is shared between landlords and tenants. For decades, upwards only reviews have underpinned investment in […]
New BNG Exemption Explained
The government has confirmed its intention to introduce a new area-based exemption from mandatory Biodiversity Net Gain (BNG) requirements for certain small development sites in England. Under the proposed changes, development on sites of 0.2 hectares or less will be exempt from the statutory BNG regime, provided no onsite priority habitat is affected. The reform is […]