Insolvency clauses

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The clause bank for property lawyers brings together examples of the most commonly used insolvency clauses for property documents, including execution clauses, limitation of

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Latest Property News

BPF opposes upward-only rent review ban in English Devolution Bill

The British Property Federation (BPF) has stated its opposition to provisions in the English Devolution and Community Empowerment Bill that would ban upward-only rent reviews in all new commercial tenancies. The Bill received its Second Reading in the House of Lords this week and will be discussed in Committee by Peers in January 2026. The BPF argues the ban was introduced without consultation or evidence base and does not address the stated problem of struggling high streets with vacant shop units. The organisation contends the measure risks reducing investment predictability for pension funds and insurance companies, potentially hampering commercial property investment and development activity. The BPF is working with Peers across the House of Lords to amend the Bill to enable future secondary legislation to target the measure more precisely while avoiding adverse impacts on property investment and development.

Property weekly highlights—11 December 2025

This week's edition of Property weekly highlights includes: cases on contract termination where there are conditions precedent, conveyance plans and supporting evidence in adverse possession claims, residential service charges and the cost of long term contracts, major structural works and service charges in right to buy leases and a Lords library briefing on English Devolution and Community Empowerment Bill.

Senedd progresses Building Safety (Wales) Bill to Stage 2 committee consideration

The Building Safety (Wales) Bill has advanced to Stage 2 committee consideration as of 10 December 2025, following the agreement on the Legislative Consent Motion and Financial Resolution. Introduced by Cabinet Secretary Jayne Bryant MS, the Bill seeks to establish a comprehensive building safety regime for multi-occupied residential buildings in Wales. It requires the registration of buildings that are at least 11 metres high or comprise five or more storeys, and it assigns new responsibilities to local authorities, designating them as building safety and fire and rescue authorities.

FTT finds that mixed-use SDLT rates applied to the acquisition of an apartment with a basement storage unit (Sehgal v HMRC)

Tax analysis: In Sehgal v HMRC, the First-tier Tax Tribunal (FTT) allowed the taxpayers’ appeal, finding that a lease of a basement storage unit, acquired with a residential apartment under a single contract but with its own Land Registry title, was not ‘residential property’ as it did not subsist for the benefit of the apartment. As a result, the relevant land did not consist ‘entirely’ of residential property and mixed-use (non-residential) rates of SDLT applied.

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