For property owners who are approached by developers, understanding the difference between option agreements and conditional contracts is key to protecting your interests. This article outlines the pros and cons of each from a seller’s perspective,...
When acquiring land for development, choosing between an option agreement and a conditional contract can significantly impact a project’s risk and flexibility. This article explores the key advantages and drawbacks of each approach from a buyer...
As demand for development land continues to grow, property owners are increasingly approached with proposals involving option agreements and conditional contracts. These legal arrangements, while offering strategic advantages for developers, can carry...
Following major reforms introduced under the Economic Crime and Corporate Transparency Act 2023, more than 6 million people involved in UK businesses will now need to verify their identity with Companies House. The new identity verification process,...
A major update to consumer protection law has now come into force, aiming to boost consumer confidence and create a fairer marketplace for businesses. Under the new Digital Markets, Competition and Consumers Act 2024, the Competition and Markets Authority...
In a landmark move, the High Court ordered a compulsory mediation between Superdry’s owners and Manchester City’s commercial arm in a trademark dispute shortly before trial. The case highlights the growing use of the courts’ new powers to...
The Supreme Court has confirmed that former fiduciaries must hand over profits gained from business opportunities connected to their previous role, even after the fiduciary relationship has ended. In a key ruling, the Court rejected arguments for a more...
New guidance has been issued by Companies House on when a company can be struck off the register, following the extended powers introduced by the Economic Crime and Corporate Transparency Act 2023. The updated rules set out clearer grounds for removal,...
In a landmark decision that could reshape lease enforcement across the property management sector, the Upper Tribunal has confirmed that the First-Tier Tribunal (FTT) holds the power to vary leases to include crucial cost-recovery clauses. In the recent...
Prime Minister Sir Keir Starmer plans to reduce legal challenges delaying major infrastructure projects, citing the impact of repetitive, meritless cases. Government data shows 58% of decisions are taken to court, causing costly delays. Prime Minister Sir...
