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11th July 2017

RICS tackles leasehold enfranchisement risks and commercial tenancies

Property litigation specialists from Thrings led delegates through the legal intricacies of leasehold enfranchisement and short-term commercial tenancies at the Royal Institution of Chartered Surveyors (RICS) South West regional conference last week.

RICS members gathered in Bristol for the event which included wide-ranging discussions on the impact devolution could have on property, land and built environment and driving growth and inward investment into the region.

During his presentation to the 40 assembled RICS members, Warren Reid, head of commercial property at Thrings, drew on a number of recent legal cases and shared practical tips on tenure security for both tenants and lessors in the context of commercial tenancies.

Gemma Featonby, also a partner in Thrings’ Property Litigation team, joined forces with Oliver Saxby from Marr-Johnson & Stevens to highlight statutory enfranchisement rights that developers, investors, landlords and tenants need to be aware of, including collective enfranchisement claims, rights of first refusal and right to manage applications.

Elsewhere, delegates were treated to updates on the impact of the Housing and Planning Act on self-build and custom housebuilding, risk management in construction contracts, and how Japanese knotweed in residential properties can impact banks and building societies’ appetite to lend.

Property experts joining Warren and Gemma on the speakers’ dais included Chris Selway from BNP Paribas, Guy Willetts from Trowers & Hamlins, and Zoe Stollard and Rebecca Bullingham from Clarke Willmott.

The event was hosted by Tim Davis, chairman of the RICS South West Regional Board and head of Cushman & Wakefield’s office in Bristol.

The conference, which delivered six hours of regionally-focused CPD learning, was organised by RICS, the world’s leading professional body for qualifications and standards in land, property and construction.

For more details about Warren and Gemma’s presentations at the RICS South West regional conference, please contact Julie Stevenson or visit the Property Litigation pages on Thrings’ website.

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