Development, structures and funding

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Unless wholly funded by a single entity (whether or not with mortgage funding), most property development requires some form of collaborative structure which is usually called

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Latest Property News

Government launches ‘Pride in Place’ programme to empower communities

The Ministry of Housing, Communities and Local Government (MHCLG) has launched the ‘Pride in Place’ programme, which is set to give communities new powers to revitalise high streets, reclaim derelict spaces and restore local pride. The programme forms part of the government’s Plan for Change and is expected to support over 330 communities across England, Scotland and Wales. It intends to introduce a community right to buy for local assets such as pubs, parks and libraries, alongside compulsory purchase powers for boarded-up shops and larger sites, including those suitable for housing or health centres. Councils are set to gain powers to block unwanted retail outlets such as gambling and vape shops. Funding decisions will be conditional on meaningful engagement with community groups, social clubs and local organisations. The government plans to work with the Scottish and Welsh Governments to tailor delivery, with corresponding funding to be provided to Northern Ireland and further detail expected.

Property weekly highlights—25 September 2025

This week's edition of Property weekly highlights includes: BPF comment on the proposed ban on upward-only rent reviews in the English Devolution and Community Empowerment Bill, cases on proprietary estoppel, the Electronic Communications Code and business rates avoidance schemes and new Companies House rules on the register of overseas entities and the latest updates to HMLR guidance.

Companies House publishes new Register of Overseas Entities Rules 2025

Companies House has published the Register of Overseas Entities Rules 2025, setting out the mandatory procedures for delivering documents related to the Register of Overseas Entities. These rules specify the required format, method of delivery, and authentication for both electronic and paper submissions. Standard documents must be submitted online via the Companies House Service using designated templates, while verification statements may be emailed in PDF format. Protected documents, which contain sensitive personal information, must be delivered in paper form using colour-coded templates obtained from the Registrar and authenticated according to strict criteria. The publication ensures consistent, secure, and legally compliant handling of all documentation associated with overseas entities.

BPF director warns of commercial impact from Devolution Bill's rent review ban

Policy director at the British Property Federation (BPF), Ion Fletcher has expressed concern over the English Devolution and Community Empowerment Bill’s proposed ban on upward-only rent reviews (UORRs) in commercial leases. While acknowledging the Bill’s broader ambition to devolve powers to regional governments and improve local development outcomes, Fletcher warns that the sudden inclusion of the UORR ban—without prior consultation—risks undermining investor confidence. UORRs are a common feature in longer commercial leases, offering income predictability that can de-risk development and refurbishment work. Fletcher argues that removing this mechanism introduces uncertainty at a time when the sector is already facing economic pressures.

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