Peter Roberts

Very interesting Rich. Looking specifically at BNG habitat bank land values it is one of the important warnings we issue prior to a client starting a BNG creation project. My BNG “crystal ball” peering, which is misty, even though I am an RICS registered valuer, is that at the start of the 30+ year term the land could be devalued by 80-90 % in the worst cases and some very poor land hardly at all. This excludes the value of the units which have the potential of being worth multiples of the current land value. This devaluation will not be set and could reduce the nearer one gets to the end of the 30+ year term, depending on what the land can at that time be foreseen to be used for. Grassland habitat of course under current legislation may not be ploughed as it will be “permenent pasture” requiring an EIA anyway for other uses. 30 years is a long time though and a lot can happen in the meantime. Devaluation of the land is even more severe with NN projects.

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Great webinar with Leaders Romans Group for LandlordZONE talking about property management and how will the Renters Reform Bill change the way landlords manage their properties. #landlords #landlord #lettings

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We're pleased to share a new short video by Adrian Samuel, our Senior Dispute Resolution Solicitor, discussing what you need to know about Japanese knotweed when buying or selling a property. 🏡 Japanese knotweed can be a major concern for homeowners and buyers alike, impacting property values and causing legal disputes. Adrian provides invaluable insights 💡 Watch the video now to stay informed 👇🏻 Adrian has also written a useful article, 'How to make a claim in respect of Japanese knotweed,' which is available on our website here: https://lnkd.in/eutUm3Jg #TheJonathanLeaNetwork #LawFirm #HaywardsHeath #PropertyLaw #DisputeResolution #JapaneseKnotweed #LegalAdvice #PropertyManagement

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The legal boundary between adjacent residential properties Nyree Applegarth, our Head of Property Disputes, was instructed in a case concerning a dispute over where the legal boundary ran between two adjacent and large residential properties in the Cotswolds. https://bit.ly/3Kbi6LW #PeopleDriven #LegalExcellence #PropertyDisputes

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As we enter the often busier months for farm and land sales, it will be interesting to see whether the supply and demand imbalance remains, or the current high prices tempt a wave of sellers. In Yorkshire, there was generally a lack of supply in 2023, particularly for commercial arable units, with land prices across the region strong and certain areas being very hot. It will be interesting to see what impact (if any) the drop (albeit with a recent bounce) in soft commodities, expectation of a slower fall in the base rate than originally expected, continued fall of the BPS payments and the dreaded weather, has on demand in 2024. Our rural agency team have published there farmland market update for Q1 2024, link below: https://lnkd.in/efKJXPRP

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More farmers can now access support to help with recovery from the impact of flooding and exceptional wet weather. The Farming Recovery Fund originally opened in April and provides grants between £500 and £25,000 for farmers with land near an eligible river to return their land to its condition before Storm Henk caused flooding. The scheme has now been significantly expanded to cover those who experienced damage due to exceptional rainfall across England. Defra will assess this based on whether or not rainfall was more than 70% higher than normal over the relevant period. The Rural Payments Agency (RPA) will identify eligible farmers and contact them; payments are expected to be made during the summer. To provide additional support for all farmers in England, the second instalment of this year's delinked payment will be brought forward to assist with cash flow. The first is due from 1 August 2024 and the second will now be paid from September.

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Estate agents - how do you sign your mandate with your client? I did some digging and found some interesting information. Read here 👇

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Have you been refused planning permission for your development and looking to appeal? Planning Clarity Legal advises developers on planning appeals and can also assist on existing appeals by negotiating Section 106 Agreements which are required: https://lnkd.in/e-t4AF8A #planningclaritylegal #planninglaw #planninglawyer #legal #planning #planningpermission #townplanning #property #ukproperty #commercialproperty #residentialproperty #propertydevelopment #development #construction #realestate #londonproperty #builtenvironment #planningappeals

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Have you been refused planning permission for your development and looking to appeal? Planning Clarity Legal advises developers on planning appeals and can also assist on existing appeals by negotiating Section 106 Agreements which are required: https://lnkd.in/e-t4AF8A #planningclaritylegal #planninglaw #planninglawyer #legal #planning #planningpermission #townplanning #property #ukproperty #commercialproperty #residentialproperty #propertydevelopment #development #construction #realestate #londonproperty #builtenvironment #planningappeals

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TPI Service charge index - I took a read of this and was really none the wiser! What is the point in comparing data the regions and the capital and then averaging them? All it gives you is statistical data and not really an insight. Further expenditure across 105 estates have been avaeraged to say; the average man fee in 2024 is £35,020, but what size is the block? What we could have heard is; this is the cost in X location for; large complex, medium high end, small and none complex. The data just makes the position more confusing and suggests to leaseholders that costs are rising well above inflation, but really due to insurance and utilities which have been driven by wholesale prices. I am hugely supportive of ARMA/TPI but this looks like an own goal ! #TPI

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