Current Property Issues 2017 - Waiting List

Please note - this conference is now fully booked. Please add your name to the waiting list.

Lumley Castle Hotel
Little Lumley
Chester le Street DH3 4NX
United Kingdom

Date: Wednesday 29 Nov 2017

Time: 09.30-17.00

CPD Hours: 6

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£105
+VAT
£126.00 (incl. VAT)
Cost including lunch:
£119+VAT £142.80 (incl. VAT)
Booking Form

KEY SUBJECTS

  • LANDLORD AND TENANT CASE LAW UPDATE
  • PROPERTY VALUATION – VALUING SUSTAINABILITY AND VALUING IN UNCERTAIN TIMES AND RED BOOK 2017 UPDATE
  • DILAPIDATIONS – A FRESH DIRECTION?
  • THE ENERGY ACT – MITIGATING THE RISK OF MINIMUM ENERGY EFFICIENCY STANDARDS
  • BUSINESS RATES – A CHANGING AND CHALLENGING LANDSCAPE
  • PLANNING – ARE WE REALLY ‘PLANNING FOR GROWTH’?

SPEAKERS

John Beckett, Practising Solicitor and Legal Lecturer

Nick French, Professor in Real Estate and Montagu Evans Fellow in Real Estate, Oxford Brookes University

David Gilbert, National Head of Standards & Practice, Lambert Smith Hampton

Chris Bennett, Managing Director, EVORA – Sustainability consulting for commercial real estate

Jerry Schurder, Head of Business Rates, Gerald Eve LLP

Ian Anderson, Senior Director of Planning, Cushman and Wakefield

CONFERENCE PROGRAMME

09.30am CHAIRMAN’S INTRODUCTION

LANDLORD AND TENANT CASE LAW UPDATE

  • Side letters and penalties: Vivienne Westwood Ltd v Conduit Street Developments Ltd
  • Waiving and reinstating repairing obligations: Forkner v Zas Ventures Ltd
  • Repairs or improvements? Tedworth North Management Ltd v Miller and Ogorodnov; Waaler v Hounslow LBC
  • Is an ‘on account’ payment reasonable if expenditure is not incurred? Knapper and others v Francis and Anor
  • Relief from forfeiture of a ‘licence’: General Motors UK Ltd v The Manchester Ship Canal Co Ltd
  • Can a bankrupt joint tenant disclaim their ‘interest’ in a lease? Amin Abdulla v Whelan and others

John Beckett, Practising Solicitor and Legal Lecturer

PROPERTY VALUATION – VALUING SUSTAINABILITY AND VALUING IN UNCERTAIN TIMES AND RED BOOK 2017 UPDATE

After a period of significant consultation, the International Valuation Standards have been rewritten and expanded. The RICS have included these in full in the new 2017 Red Book. It is incumbent upon valuers to be fully conversant with the new changes as part of the continuing quality assurances procedures. This talk will address the changes to the Red Book in addition to looking at the uncertainty the property world is currently facing especially since the BREXIT “yes” vote. In addition, the talk will look at the impact of the Energy Act 2011 which will make it unlawful from April 2018 to let residential or commercial properties with an EPC Rating of F or G (i.e. the lowest 2 grades of energy efficiency) and how you deal with these changes when valuing property.

  • The new 2017 Red Book … all guidance is now mandatory
  • Acknowledging uncertainty in valuations
  • RICS guidance on valuations and (un)certainty
  • What is market value in a volatile world?
  • What will the EPC letting restriction mean to the valuation of individual properties and portfolios?
  • How do you reflect the possible lack of marketability in values?

Nick French, Professor in Real Estate and Montagu Evans Fellow in Real Estate, Oxford Brookes University

DILAPIDATIONS – A FRESH DIRECTION?

After 6 editions RICS has finally incorporated guidance for valuers in its’ Dilapidations Guidance Note – 7th Edition, this talk will consider the new guidance and what is expected of valuers. It will also include a case law update and a look at the potential effect of MEES.

  • A review of RICS Dilapidations Guidance Note 7th Edition – What’s Changed? a valuation focus
  • Case Law update including:
    • Car Giant v London Borough of Hammersmith
    • Moor Row Ltd v DWF LLP (Scottish Court)
  • Valuation and Supersession, are they the same thing?
  • MEES – Will there be any effect?

David Gilbert, National Head of Standards & Practice, Lambert Smith Hampton

THE ENERGY ACT – MITIGATING THE RISK OF MINIMUM ENERGY EFFICIENCY STANDARDS

The Minimum Energy Efficiency Standards (MEES) regulations will make it unlawful from April 2018 to let buildings in England and Wales which do not achieve a minimum Energy Performance Certificate (EPC) rating of E.  This talk will give an explanation of what this legislation actually means and how it will practically affect you and your clients, the associated risks to future value and liquidity and what the best course of action is to mitigate the risks.

  • MEES overview
  • Exclusions and exemptions
  • Landlord and occupier considerations
  • Implications on value
  • Enforcement and penalties
  • Mitigating your risk

Chris Bennett, Managing Director, EVORA – Sustainability consulting for commercial real estate

BUSINESS RATES – A CHANGING AND CHALLENGING LANDSCAPE

The long-awaited 2017 rating revaluation has arrived alongside a complex new appeals process and a flurry of important legal judgements

  • Overview of the 2017 revaluation
  • Updated RICS Code of Practice for rating
  • Details of and guidance as to how to navigate your way through a completely new appeals process
  • Case law update – key decisions of wide application
  • Policy update – details of Spring Budget 2017 and what might be in the Autumn Budget

Jerry Schurder, Head of Business Rates, Gerald Eve LLP

PLANNING – ARE WE REALLY ‘PLANNING FOR GROWTH’?

Despite successive Governments promising a faster, more efficient planning system, many professionals still struggle to navigate its ever changing legislation. This session will pick up a number of current themes and offer practical advice on key elements of planning, permitted development and new emerging initiatives such as Permission in Principle.

  • Is ‘Plan-led’ working?- a brief review of the ‘Plan-led’ system and its relationship with the National Framework
  • Navigating permitted development
  • Permission in Principle: a ‘3rd Way’ of getting planning permission?
  • Neighbourhood Plans: licensed NIMBYISM?

Ian Anderson, Senior Director of Planning, Cushman and Wakefield

Booking Form

Please note that all correspondence will now be emailed.

Conference Information

Current Property Issues 2017

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