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Property law weekly: High Street Rental Auctions guidance, leasehold insurance fees, cladding plan, EPC reforms, RICS Red Book update, business rates and CGT decisions, and Scottish LBTT changes

Published on: 05 December 2024

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

  • Leasing property
  • Insurance
  • Statutory compliance
  • Residential property
  • Property development
  • Environment, energy and buildings
  • Easements, rights and covenants
  • Commercial real estate finance
  • Property insolvency
  • Property taxes
  • Property in Scotland
  • LexTalk®Property: a Lexis®Nexis community
  • Additional property updates this week
  • Daily and weekly news alerts
  • New and updated content
  • Trackers
  • New Q&As

Leasing property

Non-statutory guidance on high street rental auctions

The Ministry of Housing, Communities and Local Government (MHCLG) has issued non-statutory guidance offering a thorough summary of how to use and deliver High Street Rental Auctions (HSRAs), a fresh authority created under the Levelling Up and Regeneration Act 2023. It sets out a 22–24 week HSRA timetable, from start to finish, describing required stages such as identifying qualifying areas and meeting vacancy and local benefit criteria. The document is aimed at councils tackling empty commercial premises, commercial landlords and their lenders, enterprises and community organisations seeking premises, and commercial agents who might run an HSRA on a council’s behalf. See: LNB News 03/12/2024 23. Sources: High street rental auctions: Non-statutory guidance and Huge boost for high streets as councils get new powers...

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