Current Property Issues 2019

Holiday Inn Basildon
Basildon SS14 3DG
United Kingdom

Date: Thursday 2 May 2019

Time: 09.30-17.00

CPD Hours: 6

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£109
+VAT
£130.80 (incl. VAT)
Cost including lunch:
£124+VAT £148.80 (incl. VAT)
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KEY SUBJECTS

  • LANDLORD AND TENANT CASE LAW UPDATE
  • CURRENT ISSUES IN UK PROPERTY VALUATION
  • THE MEES REGULATIONS – THE REAL IMPLICATIONS FOR COMMERCIAL PROPERTY
  • LANDLORD AND TENANT INSOLVENCY – IT’S BEEN A BUSY TWELVE MONTHS
  • PROPERTY MARKETS INTO 20/20: PERFECT VISION OR MORE UNCERTAINTY?
  • SERVICE CHARGE: THE NEW RICS COMMERCIAL PROFESSIONAL STATEMENT – CLAMPING DOWN ON BAD PRACTICE

SPEAKERS

John Beckett, Non-practising solicitor and legal lecturer

Nick French, Real Estate Valuation Theurgy, Property Education

Ben Strange, Head of Professional Services, Ingleton Wood LLP

Stephen Allinson, Solicitor and Licensed Insolvency Practitioner, Chairman of the Board of The Insolvency Service

Angus McIntosh, Economics Consultant & Chartered Surveyor, with Real Estate Forecasting & Honorary Professor Oxford Brookes University

Derek Bruce, Associate Professor (Real Estate) Kingston University, London

CONFERENCE PROGRAMME

09.30am CHAIRMAN’S INTRODUCTION

LANDLORD AND TENANT CASE LAW UPDATE

A practical review of recent commercial property and landlord and tenant cases including:

  • Failure to avoid liability for misrepresentation – First Tower v CDS
  • Oral variation of written contract – Rock v MWB
  • More trouble with notices – Ropemaker v Bella Italia and 3UK v MB QW
  • Term implied in lease for business necessity – Hipwell v Szurek
  • Specific performance of tenant’s covenants – Zinc Cobham v Adda
  • Lease or licence – is the parties description definitive? London College of Business v Tareem
  • Relief from forfeiture of licence – Court of Appeal decision – Vauxhall v MSCC

John Beckett, Non-practising solicitor and legal lecturer

CURRENT ISSUES IN UK PROPERTY VALUATION

This presentation will provide an overview of the Valuation Approaches, Methods and Models available to the valuer and will comment upon the appropriateness of each in assessing Market Value. The talk will provide guidance on how valuations can be presented to the client in accordance with the RICS Valuation – Global Standards 2017 with particular emphasis on the impact of the 2017 MEES regulations on property values and what valuers need to do to ensure that their valuations reflect that impact appropriately.

  • General update on RICS Red Book and other regulatory changes
  • International Valuation Standards Council (IVSC) Approaches: choosing the appropriate Approach for the valuation; choosing the right Method and then applying the correct mathematical Model for the valuation
  • Practical implications in report writing
  • The EPC Registers and the impact upon value
  • Reflecting capital costs of retro-fitting
  • Valuers’ area of competence and professional indemnity insurance

Nick French, Real Estate Valuation Theurgy, Property Education

THE MEES REGULATIONS – THE REAL IMPLICATIONS FOR COMMERCIAL PROPERTY

The MEES Regulations are now in force and mean that it is now unlawful to let properties with EPC ratings of F or G.  Beyond the impact this has for landlords and investors of vacant and unlettable buildings, this talk will provide some more stark examples on how the Regulations are impacting the leasehold property market and being used to significant strategic advantage by well-advised parties.

  • Brief overview of the legislation
  • How many properties are truly now unlettable?
  • Impact on dilapidations claims
  • Wider asset management implications
  • Strategies/advice for clients

Ben Strange, Head of Professional Services, Ingleton Wood LLP

LANDLORD AND TENANT INSOLVENCY – IT’S BEEN A BUSY TWELVE MONTHS

Insolvency and corporate failure have once again been regularly in the business news and often property issues are involved. This session will cover these and other issues offering practical advice for the surveyor advising on these matters:

  • Landlords and tenants – it’s quite a battleground! How to deal with the tenant who proposes insolvency and what are the ongoing implications?
  • Practical tips to maximise landlords’ claims in an insolvent situation
  • Acting for the tenant who becomes insolvent – is it the end of the road?
  • 2018; the year of the Company Voluntary Arrangement – but what’s the future for 2019 and beyond?
  • Pre Pack Administrations- are creditors suffering through this process?
  • Case Law and other developments in the last year

Stephen Allinson, Solicitor and Licensed Insolvency Practitioner, Chairman of the Board of The Insolvency Service

PROPERTY MARKETS INTO 20/20: PERFECT VISION OR MORE UNCERTAINTY?

Since 2010 there has been a re-alignment of property markets – where next?

  • How will economic policies and business needs influence property market?
  • Will technology and climate change become even more important?
  • Are there signs of a permanent housing market recovery?
  • Have the downward pressures on retail property ended?
  • Where is the logistics and industrial property over built?
  • Has demand for city centre offices peaked?
  • Is property still the better investment class into 2020?

Angus McIntosh, Economics Consultant & Chartered Surveyor, with Real Estate Forecasting & Honorary Professor Oxford Brookes University

SERVICE CHARGE: THE NEW RICS COMMERCIAL PROFESSIONAL STATEMENT – CLAMPING DOWN ON BAD PRACTICE

The first edition of the RICS Practice Statement “Service charges in commercial property” was formally launched on 17 September 2018 effective from 1 April 2019. Will it have a “positive impact on the commercial property sector” and facilitate “major improvements in standards of delivery and accountability for service charges”? This session will look at practical issues surrounding:

  • The new mandatory requirements: what they are, when they apply and what happens if they are ignored?
  • Core principles and the fundamental amendments to best practice principles
  • Applying the requirements and principles to the current lease
  • Negotiating and agreeing lease terms: the impact of the Statement

Derek Bruce, Associate Professor (Real Estate) Kingston University, London

Booking Form

Please note that all correspondence will now be emailed.

Conference Information

Current Property Issues 2019

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