The landscape of the housing market and development in the UK is both multifaceted and evolving, compelling developers to tackle various legal and practical obstacles. This series, brought to you by Arc & Co. and Lewis Denley Solicitors, highlights four vital areas that every developer should focus on to make certain their projects are legally compliant and commercially successful.
This first part in the series deals with the intricacies and legalities of title-splitting. Title splitting refers to the process of breaking a title down into smaller segments. A prevalent method for achieving this is by obtaining a freehold property and subsequently dividing it into several leasehold titles, which is frequently applied in apartment projects or mixed-use developments. Developers then issue long leases for each separate unit, which enhances the overall equity and value of the asset.
Read the guide here.