One of the consequences of the UK choosing to take a path apart from that chosen by the EU is the development by the UK of an investment control regime. This has recently materialised into a more thought out form, via the publication by the UK government of the UK's proposed National Security and Investment Bill.
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Latest Commercial property articles
Land and Buildings Transaction Tax ("LBTT") reporting obligations can be onerous, but recognising when they arise in complex transactions is crucial.
It seems hard to believe that when the property industry named 2018 the year of the CVA we would now be looking back to those times as the good old days. Fast forward to January 2021 with the UK in a second lockdown, the COVID 19 pandemic is having wide ranging economic repercussions.
Registers of Scotland is consulting customers and stakeholders on whether the ability to upload and submit land register applications to the Keeper digitally via the DSS should be made available permanently.
As a result of the increasing prevalence of land in Scotland being registered on the Land Register of Scotland, we are seeing a spike in enquiries relating to prescriptive rights of access; both in terms of the creation and the affects they have on the burdened title. Prescriptive rights are established through 20 years of open, peaceable use, without judicial interruption. Evidence of such use should be obtained by a solicitor and stored.