Welcome to the Spring edition of our Property and Construction newsletter
Since our last newsletter, the economy has entered a recession (technically), interest rates at the time of writing remain at 5.25% the conflict between Hamas and Israel continues, which is causing a strain on supply issues once again and the government released the Spring Budget. If you didn’t get to attend or haven’t had a chance to update yourselves with the announcements, there is a recording on our website.
I n this newsletter, we are focusing on sustainability and this theme carries throughout with a wide range of topics covered which I hope you will find interesting and informative. New planning legislation was introduced in February 2024 with a view to creating a 10% net gain on Bio Diversity for any new applications, we have Peter Thompson of Nature Based Farming detailing what they are providing to help meet this need and also details of an event we are holding in June to visit the site and see first-hand what this means for developers.
I comment on sustainability and the challenges developers are confronted within the day-to- day world of property development on pages 8 to 9. We also take a visit to Adastral Park at Martlesham Heath to see what research the University of Suffolk are carrying out to review energy consumption and sustainable construction methods. Our VAT team look at the VAT implications on renewable energy installations and we hear from Wendy Martin from Ellisons Solicitors who provides her insight on the legalities of Solar Panel and EV Charging point leasing.
We hope that you enjoy this edition of the Property and Construction newsletter, and if you would like to discuss any of the points raised or alternatively if you’d like to see any specific topic covered in future issues, please get in touch with me or your usual Scrutton Bland contact.
Ben Cussons Business Advisory Partner
P R O P E R T Y A N D CONSTRUCTION | SCRUTTON BLAND | 3
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