"Best endeavours", "reasonable endeavours" and "all reasonable endeavours" are terms often used in contracts but perhaps not fully understood. Whilst most contractual obligations are expressed to be absolute, an endeavour is an agreement to try to fulfil an obligation. They will be used where a party is unwilling to agree to something absolutely.Read more
On Thursday 1 March circa 40 associates and senior associates from across Forsters came together to host the launch event for "FLIP" (Future Leaders in Property).Read more
This year marks the 11th National Apprenticeship Week (NAW 2018) and Forsters are proud to be part of this fantastic initiative. In September last year, the firm introduced its very first Apprenticeship Scheme.Read more
Housing and the need to build more homes is the name of the game for 2018. If the Department for Communities and Local Government’s recent name change to the Ministry of Housing, Communities and Local Government is not enough of a clue, then there was the Chancellor’s 50% increase in annual housing targets in the Autumn Budget.Read more
The existence of a private right of way over a development site can have a major impact on the site's potential and value.
The developer may have no legal right to terminate the right or vary its route. This can cause problems where, for either financial or practical reasons, a developer is not able or willing to design a scheme which will accommodate it.Read more
On 1 April 2018, the Royal Institute of Chartered Surveyors (RICS) is set to launch a new professional statement on best practice in the management of service charges in commercial property. The statement will supersede the existing edition of the RICS Code of Practice: Service charges in commercial property (3rd Edition).Read more
In the recent case of Holyoake v Candy the billionaire property developers Nick and Christian Candy were cleared of claims that they extorted money out of a former business associate, Mark Holyoake.Read more
Leasehold tenure is currently in the spotlight. In some cases over the years leasehold tenure has strayed away from the purpose for which it was first introduced, being the sensible use of buildings with a shared fabric and infrastructure, and become a real means of deriving additional investment value from an asset for developers.Read more
I was enormously privileged to be invited by Janders Dean to join their group for 2018’s LawWithoutWalls programme.
LawWithoutWalls (LWOW) teams 100 students from 30+ law and business schools around the world with academic, business, entrepreneur, and legal mentors.Read more
As 2018 kicks off, Megan Wade provides a reminder of some of the key legislative developments in recent years which are set to impact the UK commercial property industry this year.Read more