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Property law weekly update: business tenancy renewal consultation; key UT/UKSC rulings; HMLR changes and fraud measures; climate resilience and net zero; and tax updates—SDLT, ATED, CGT, LTT

Published on: 21 November 2024

Published by a LexisNexis Property expert
Legal News
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In this issue:

  • Leasing property
  • Transferring property
  • Easements, rights and covenants
  • Property development
  • Environment, energy and buildings
  • Property taxes
  • Additional property updates this week
  • Daily and weekly news alerts
  • New and updated content
  • Trackers

Leasing property

Law Commission launches consultation on right to renew business tenancies

The Law Commission has opened a consultation reviewing how the right to renew business tenancies under Part 2 of the Landlord and Tenant Act 1954 operates, and whether it still serves both business tenants and landlords. It seeks feedback on whether the existing ‘contracting out’ approach to security of tenure remains appropriate, or if another framework is needed. The paper weighs the advantages and drawbacks of contracting out and evaluates three alternatives: mandatory security of tenure, abolishing security of tenure, and a ‘contracting-in’ model. It also questions whether the current categories of business tenancies that enjoy security of tenure are the correct ones. The consultation closes on 19 February 2025, with a second paper anticipated following analysis of the responses. See: LNB News 19/11/2024 14. Source: Consultation on right to renew business tenancies published...

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