Knotty no more : a common sense approach to Knotweed By Polly McBride RICS has just released its long awaited guidance for surveyors on Japanese knotweed. The document marks a significant change in direction in terms of how Japanese knotweed is perceived and how it should be managed, noting that the existing “zero…
A reminder for conveyancers about paying proceeds of sale to third parties By Tom Bedford The recent decision in Lennon and another v Englefield and others [2021] EWHC 1473 (QB) provides some comfort for solicitors who are instructed to transfer the proceeds of sale of a property to a third party agent, where the client has provided…
Hart v Large: Should surveyors be concerned? By Duncan Greenwood The first instance decision in Hart v Large last year caused concern to the surveying profession and their insurers due to the assessment of loss and the deviation from the usual assessment of damages in a claim arising out of a negligent survey. …
Case Law Insight By Naomi Park Surveyor liability for hidden defects The decision in Hart v Large is potentially alarming for surveyors and their insurers as the surveyor was found liable for diminution in value of £374,000; a figure which reflected defects that a…
Property Management Insight By Jamie Russell The importance of hitting the ground running Although the easing of Government restrictions from 13 May brought a sigh of relief for many businesses and the hope of a return to “normal” or the “new normal” whatever that is, the return brings with…
Valuation Insight Art, science, or just a stab in the dark? FCA rule changes last year brought the concept of valuation uncertainty, a long-established concept, to the forefront of the RICS’ thinking. The result was a small consultation process to consider…
PI Insurance Insight By Duncan Greenwood Silk purse or sow’s ear? With effect from 1 May 2020 the RICS Minimum Terms of Insurance underwent material change in an attempt to provide certainty to members and PI Insurers alike on the knotty issue of fire safety and, in particular, external…
Market Insight By Charlie Bending Stick, twist or fold? In addition to the Great Fire of London and World War II, some have suggested Nostradamus also predicted the coronavirus pandemic in 2020. What would prospective purchasers and sellers give now for a chat with the 16th…
SURVEYORS’ UPDATE: UNCERTAINTY EDITION By Duncan Greenwood Welcome to our July 2020 briefing. To suggest that these are challenging times would be a major understatement. Our July 2020 briefing aims to provide insight and comment on a range of current industry relevant topics. All share one common theme –…
Return To Work Insight By James Hazlett Protection of Staff & Clients is Key Amidst the excitement of relaxation of lockdown measures, many estate agents have report a huge spike in interest from potential purchasers and renters. Whether that is simply locked up demand bottle necked…