News
Welcome to our news page. Here you will find out what we’re up to and what we think about recent events and future possibilities.
Notice
Please note that all our content is now being shared to Devonshires Insights.
Please visit our insights page for our most up to date articles.
Removal of Local Authority Golden Shares
Since deregulation was announced and enabled in Section 93 of the Housing and Planning Bill, we’ve been eagerly anticipating sight of the promised draft regulations.
The Top Debt Recovery Tips for Businesses
With average levels of bad debt rising at small firms, it’s vital that business owners take steps to help minimise the risk of late payments and recover money more quickly should they need to do so.
Home Loss Payment Increases – What you need to know
The Home Loss Payments (Prescribed Amounts) (England) Regulations 2017 (SI 2017/769) come into force on 1 October 2017 (“the Regulations”).
Devonshires are delighted to have worked with Property Pact Ltd on its peer-to-peer platform
Gareth Hall and Elad Yasdi, assisted by Diarmaid O’Sullivan, are delighted to have worked with Property Pact Ltd on assisting its peer-to-peer platform to become authorised.
IT’S THE LAW: Look before you buy
There are a number of reasons it remains imperative that you visit a site before exchanging contracts to buy it. Even if that means pulling on the wellies. In this edition of IT’S THE LAW we look at some of the key things to be looking out for.
Unlawful Profit Orders – housing benefit to be taken into account when calculating profit
A recent case, Poplar Harca –v- (1) Begum (2) Rohim [2017]UKHC 2040 (QB) has provided some useful guidance for social landlords in respect of subletting cases and in the calculation of Unlawful Profit Orders.
Funding and Group Restructure Delivers Major Capacity Gains for Your Housing Group
Your Housing Group this week has successfully completed its group restructure. The five core Registered Providers have been combined into one entity, renamed Your Housing Limited (YHL), which will own and manage more than 28,000 homes across the North West.
What the new debt recovery rules mean for your business
The Pre-Action Protocol applies to all businesses, including sole traders and public bodies, which are trying to recover debt from an individual, so explicitly excludes business-to-business debts unless both businesses are sole traders.
Devonshires wins landmark Court of Appeal case on behalf of insolvency practitioner
Devonshires has won a landmark case in the Court of Appeal on behalf of an insolvency practitioner, who was being sued by his former solicitors.
Devonshires advises on £500M bond issue
Devonshires has acted for London & Quadrant (L&Q), one of the UK’s leading and prominent housing associations, to help in securing a £500m Bond.
Devonshires acts for Red Kite Community Housing Limited on £60 million private placement
Devonshires are delighted to have acted for Red Kite Community Housing Limited on its recent £60 million private placement and bank funding, with the Banking and Securitisation teams both advising.
Environmental Protection Act claims – how to avoid prosecution
In recent years, there has been a significant increase in tenants claiming that the condition of their home constitutes a statutory nuisance as defined by the Environmental Protection Act 1990 (EPA).