A MEC is the name given to the provisions of a section 106 agreement which, in the event of loan default by the RP, allow an RP’s lender to sell the affordable housing dwellings free of the affordable housing restrictions contained in the section 106 agreement.

A new local land charge was created on 29 November 2022: the Conservation Covenant.

With effect from 1 February 2023, HMRC will cease issuing letters acknowledging receipt of a valid Option to Tax notification.

Rules in relation to the registration of trusts via the Trust Registration Service (TRS) with HMRC have now changed.

Suppliers, particularly building contractors, are often faced with the question of whether to charge VAT at the standard rate, at the reduced rate or at the zero-rate.

When seeking to recover arrears of service charge, the simplest method is to issue county court proceedings; in around 80% of cases, nothing further is needed.

With the focus in the construction industry and surrounding supply chain on reducing carbon emissions, driving to net zero carbon, and related building safety improvements, it is good to see that the authors of the NEC Contract have taken an important step towards facilitating sustainability in a contractual sense.

In Tokenhouse VB Limited [2020] EWHC 3171 (Ch), the court ruled that failure to serve Notice of Intention to Appoint Administrators on a Qualified Floating Charge Holder will not automatically void an Administration.

It is now two years since the UK became the first major world economy to pass laws to bring all greenhouse gas emissions to 'net zero' by 2050.

On 6 April 2021 Practice Direction 57AC (PD57AC) came into force which radically affects the way in which trial witness statements must be prepared in the Business and Property Courts (BPC).