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Regulation: A necessary evil?

Proposals to head off the next UK commercial property crash by implementing a national debt database continue to generate debate.

As published in IP Real Estate January/February

Iain Thomas, Head of DWF’s Real Estate Finance team in London, provides comment.

It is two years since ‘A Vision for Real Estate Finance in the UK’ was drawn up by a cross-section of the UK’s real estate industry, led by the Investment Property Forum (IPF).

The intention was to help prevent the next – arguably inevitable – commercial real estate (CRE) crash from threatening the financial stability of the UK. Recommendations were made in May last year.

The group is motivated by its belief that a return to light-touch regulation typically coincides with the return of market over-exuberance. Putting a blueprint in place before the UK enters another downturn has been seen as paramount.

Click here to read the full article in IP Real Estate’s January/February 2015»

This information is intended as a general discussion surrounding the topics covered and is for guidance purposes only. It does not constitute legal advice and should not be regarded as a substitute for taking legal advice. DWF is not responsible for any activity undertaken based on this information.

Iain Thomas

Partner - Head of Real Estate Finance

I am a Partner in the Real Estate team. I head the Real Estate Finance team and have over 20 years' experience acting for lenders in real estate financing and restructuring.