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Key announcements from Autumn's Budget

November 2024


Chief Executive, Peter Allinson; Head of ESG, Chris Kerr and Planning partner, Chrisa Tsompani, share their views on the budget.


The Chancellor of the Exchequer Rachel Reeves has delivered her first Budget, accompanied by a full fiscal statement from the OBR. There are a number of key announcements that the real estate sector should be aware of, including:


- Planning: Promises of “pro-growth reforms” and investment.


- Housing: Race to build 1.5million homes given significant but insufficient investment.


- Business rates: Retail, Hospitality and Leisure Relief is extended but reduced.


- Investment vehicles: Reserved Investor Fund a potentially exciting addition for real estate.


- Race to net-zero: Promising signs, missed opportunities.


Find out more here.



Peter Allinson (Chief Executive)


As the firm’s Chief Executive Peter has historically focused on developing innovative solutions for the running of the firm and in support of its growth. The result is a model which delivers quality advice at exceptional commercial value. Peter is now increasingly concentrated on his work as Head of the Business Development team.






 Chris Kerr (Head of ESG)


Christopher heads up Davitt Jones Bould's Environmental, Social and Governance Special Interest Group, and has a particular focus on biodiversity & natural capital, town and city regeneration projects, charitable organisations and the public sector. 





Chrisa Tsompani is a Planning Partner at Davitt Jones Bould. She is highly experienced in complex planning and environmental issues, having advised on planning and highway agreements, Biodiversity Net Gain, development control, enforcement, planning policy, s106 and s111 agreements as well as compulsory purchase orders to name a few.  





 


ABOUT DAVITT JONES BOULD:


Davitt Jones Bould is a national law firm that specialises entirely in real estate. The firm has offices in London, Manchester, and Birmingham ensuring truly national coverage.


The firm is renowned for its high quality legal work and service.


We only recruit experienced lawyers with excellent calibre. As a result, our legal team of around 70 lawyers have an average post-qualification experience that exceeds 25 years. Most have joined us from other City firms, in-house departments and/or senior roles. Our lawyers have advised some of the UK’s most significant land owners including Barclays Bank, HSBC, Credit Suisse, Rolls Royce, The Royal Parks, The Cabinet Office and The Crown Estate. This focus on quality only has led to a 50% male and female Partner rate. 


All of our clients are provided with a dedicated client care professional at no extra charge, which ensures that they receive the highest standard of service at all times.  


Davitt Jones Bould is regularly selected to advise on high profile projects such as the hosting of the London 2012 Olympic Games by The Royal Parks and the first Sukuk Bond to be entered into by a Western Government on behalf of HM Treasury. Based in London at The Shard and also Manchester, Birmingham and Taunton, we have a national presence.


The firm enjoys top tier rankings in all of the main directories, as well as receiving many awards.





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