Amy GallimoreThe High Court has held that the stay in section 130(2) of the Insolvency Act 1986 does not apply to the sale of property by a secured creditor pursuant to a power of sale: Waypark Commercial Mortgage 1 Limited v...
Category - Real Estate
Laura Wiles
Luke HolmesOFSI publishes property services threat assessment
OFSI has published its latest “threat assessment” for the property and related services sector. The assessment, an update of the 2022 assessment, is relevant to all firms and sole practitioners involved in...
Emma Radmore
Court considers meaning of “investment property loan”
A court has considered whether a series of loans constituted “investment property loans” under Article 61A(6) RAO, which would exempt them from being regulated mortgage contracts. To be an investment...
PRA publishes FAQs on property valuations
PRA has published a set of Q&A on CRR requirements for property valuations during the disruption caused by Covid-19. Firms have been asking questions on how they shoudl deal with the difficulties in conducting...
Effects of MLD5 on lenders to overseas entities
We have written an article on the effects of MLD5 and the Registration of Overseas Entities Bill (whenever it is now passed) on security over properties owned by overseas entities.
Joseph Dean