Home / Property / Key developments and horizon scanning / Weekly highlights

Legal News

Property weekly highlights—16 January 2025

Copyright © 2025 LexisNexis

Published on: 16 January 2025

Published by a LexisNexis Property expert

Table of contents

Key developments and horizon scanning
Renters’ Rights Bill progresses to third reading stage in Parliament
Property in Wales
Occupation contracts—failure to provide electrical condition report
Residential property
Statutory right of pre-emption—invalid notices as blocks were one building
Transferring property
Mortgage possession proceedings—failure of beneficial interest claim
HM Land Registry updates Practice Guides 14, 19, 19A, 75, and 78
Property insolvency

More sections of this document available when you sign-in to Lexis+ or register for a free trial.

Article summary

This week's edition of Property weekly highlights includes: progress of the Renters’ Rights Bill, the first reported decision on the interpretation of the Renting Homes (Wales) Act 2016 (specifically the obligation to provide an electrical condition report) and cases on the statutory right of pre-emption, assertion of a third party beneficial interest in mortgage possession proceedings and defining a transaction defrauding creditors.

Popular documents

Late payment penalties—inheritance tax

Late payment penalties—inheritance taxWhile interest often accrues on overdue tax, the late payment of certain taxes may also attract a penalty. For information on the interest accruing on overdue tax, see Practice Notes: IHT—payment deadlines on death—Interest on IHT and Interest on late paid

If a beneficiary signs a deed of disclaimer of their share of an estate and the estate pays their legal

If a beneficiary signs a deed of disclaimer of their share of an estate and the estate pays their legal fees, will that count as a PET against their estate?A disclaimer is the refusal of a gift prior to acceptance. The refusal of the gift must take place before the beneficiary accepts any benefit

Can shares in a limited company that have not been paid-up at all be cancelled?

Can shares in a limited company that have not been paid-up at all be cancelled?A limited company having a share capital may not alter that share capital, except in the ways listed in section 617 of the Companies Act 2006 (CA 2006). Shares in a company cannot simply be cancelled without following an

Template for regulatory references given by SMCR firms and disclosure requirements

Template for regulatory references given by SMCR firms and disclosure requirements[Insert addressee details]Dear [insert name][It is our understanding that [insert name of prospective employee] [was an employee of yours between the dates of [insert dates as appropriate] OR is a current employee of