Features

Norman Bowie. It can be confidently expected that 1987 will see the launch of three new property investment vehicles: Property Income Certificates (PINCs), Single-Asset Property Companies (SAPCOs) and Single-Property Owned…

Having regard to the decision of the House of Lords in Street v Mountford, what is now the legal difference between a lease and a licence?.

Reproduced from Investors Chronicle of April 3 1987. We don’t expect you all to do your own number-crunching. But even novices may find it useful to know what the basic…

Rupert Nabarro and Eileen French. The financial institutions moved into agriculture in the 1970s when the 25-year post-war agricultural boom was nearly over.

After four years of falling capital values, low returns and investment interest limited to specialised high-quality units in selected parts of the South East, IPD results for industrials for 1986…

What is meant by the “rules of natural justice”? To what extent do these rules apply to the conduct of a planning inquiry?.

Survey assumptions. The PAI/PMA Property Survey, first carried out in December 1981, now covers some 80 centres throughout the UK excluding London.(*) The current survey is based on information collected…

John Vincent. In the minds of many surveyors the subject of heating and ventilating tends to be pigeon-holed with plumbing. Too often it is thought fit only for professional specialists.

Please explain what is meant by “material considerations” in planning law. Section 29(1) of the Town and Country Planning Act 1971 states that the local planning authority, in dealing with…

Norman Bowie. There are new players coming on to the fields of the property investment market. Some have merely changed their shirts or colours but others are relatively inexperienced.

Could you please explain how changes in income tax affect mortgage repayments?. The Chancellor’s announcement of a 2p reduction in basic-rate income tax has a double effect for those taxpayers…

To what extent (and in what circumstances) will the burden of a leasehold covenant be binding on a successor in title?.