CPI Update 192 - May 2020

Some information on this page is restricted to site members. Please register if you would like to see this extra information.

For subscribers, the May 2020 issue of the CPI Update appears attached below, and deals with the following cases:

  • Using section 56 LPA 1925 for enforcement of covenants - Kensall v Khoury.
  • The implications of an overriding lease - Lupin Ltd v 7-11 Princes Gate Ltd & Princes Gate Partnership LLP.
  • Interpretation of contracts giving a discretion - Kwik Lets Ltd & Ors v Khaira & Ors.
  • Extent of a property for leasehold enfranchisement - Freehold Properties 250 Ltd v Field.
  • Section 84 modification of leasehold covenants - Edgware Rd (2015) Ltd v Church Commissioners for England.

There is also extensive commentary on the implications for property of the COVID-19 crisis, including:

  • New restrictions on the use of Commercial Rent Arrears Recovery.
  • Proposed restrictions on winding-up.
  • Complying with regulatory requirements (EPC requirements, telecommunications agreements, CIL and section 106).
  • Varying rent payments by agreement.
  • Granting reversionary leases.
  • Access to rent deposits.
  • Exercising break rights.
  • Forfeiting leases by consent.

The Update also covers:

  • New Land Registry rules on “interrupted days”. 
  • A delay to the RPI consultation on use.
  • Land Registry’s changed position on cancellations. 
  • Land Registry’s acceptance of deeds signed under ‘Mercury Tax’ arrangements.

Published on 1 May 2020.