For subscribers, the September 2016 issue of the CPI Update appears attached below, and deals with the following cases:
What is ‘vacant possession’ in the context of a break clause? Riverside Park Ltd v NHS Property Services Limited;
Rights to light: injunction or damages? Ottercroft Ltd v Scandia Care Ltd;
Surrender of a lease without consent of a lender – Co-operative Bank Plc v Hayes Freehold Ltd (In Liquidation);
Unfair terms legislation in relation to long leases – Roundlistic Ltd v Jones;
The court’s discretion to grant an administration order – Rowntree Ventures Ltd v Oak Property Partners Ltd;
Overreaching and land registration – Haque v Raja & Khan;
Capital Gains Tax treatment of forfeited deposits – Hardy v Revenue & Customs Commissioners;
Interpreting mortgage terms and conditions – Alexander v West Bromwich Mortgage Company Ltd.
In addition, there is coverage of: The commencement of the Insurance Act 2015;
An HMRC consultation on filing changes for SDLT;
An HMRC consultation on tax avoidance and the penalties for unlawful avoidance;
A consultation response on business rating appeals;
Surrenders and the need for mortgagees’ consents;
Updated Land Registry Practice Guide 26 (Leases – determination).
Published on 31 August 2016.
Property PSL