IBB Law’s Residential Development team discuss Airspace Development with the Business Voice Magazine
IBB Law’s Residential Development team discuss Airspace Development with the Business Voice Magazine
IBB Law’s Residential Development team discuss airspace development with the Business Voice magazine, Winter 2021 edition.
Airspace development is the addition of one or two storeys on top of existing buildings, as new residential homes. Interest in building upwards has never been greater and is increasingly being considered by planners and developers as a solution to the ever-growing property demand.
Vivien Rimmer, Partner, and Machelle Jan, Senior Associate, discuss the potential traps, leaseholders’ right of first refusal, rights of light and leaseholders’ existing rights.