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Real Insights - Property Update

Issue 75: May 2023

Real Insights - Property Update

Editor's Note

Stephen Hughes - Mishcon de Reya

Welcome to the May edition of our Real Insights newsletter. In this issue, we explore yesterday's proposals for private rented sector reforms, and examine a recent DLUHC consultation on the creation of an additional use class for short term lets. We also look at the recently published draft Terrorism (Protection of Premises) Bill, which will inevitably impact on a number of commercial property owners and occupiers.

Read the full note

News
UK Seaside

Short term lets or short term frets?

The Department for Levelling Up, Housing and Communities ('DLUHC') has published a consultation on the creation of an additional use class "C5 – short term lets" together with permitted development ('PD') rights to provide flexibility, where there are no local issues with these uses. The new use class "C5" will be distinct from the existing use class relating to dwelling houses ("C3"). The consultation's proposed changes will not apply to hotels, hostels or bed & breakfasts.

Podcast
Abstract futuristic architecture scene

Propertyshe podcast: Giles Barrie Senior Managing Director, FTI Consulting

Giles Barrie has over 30 years’ experience, and specialises in communications strategy, media relations, thought leadership, research and crisis communications. He is a former Editor-In-Chief of Property Week who has also worked at the architects’ paper Building Design and as Deputy Editor at Building magazine.

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