Lords give rough ride to privity

Article Abstract:

The House of Lords has forced a number of alterations to a Bill aimed at abolishing privity of contract. A key amendment intended to permit landlords and tenants to decide terms under which a lease assignment is concluded has had to be withdrawn. Landlords' and tenants' representative bodies have expressed regret, but accepted that the amendement had to be withdrawn if the Bill was to be heard in the current parliamentary session.

Laws, regulations and rules, Contracts

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Dealing an even hand

Article Abstract:

British property prices are expected to rise gradually in 1996, in response to the reduced interest rate of the Nov. 1995 budget. Quality office property is now at a premium because of shorter leasing arrangements and developments in technology. High quality developments are expected to demand increased rents, even though many offices currently stand empty following the economic recession.

Economic aspects, Reports, Real estate agents, Office buildings, Real estate agents and brokers

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Urban land use initiatives getting there, says RICS

Article Abstract:

Urban regeneration initiatives in the UK are proving reasonably successful, with inner cities making a growing contribution to meeting new development needs. However, the government must ensure that urban regeneration continues to be properly funded, according to the RICS. It is also vital that the government introduces measures as soon as possible to deal with contaminated land.

United Kingdom, Urban renewal

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