The Government has confirmed the majority of the proposed changes to agricultural and business property relief will come into force from 6 April 2026.   Draft legislation has been released, along with a summary of the consultation responses regarding the proposed measures.

Partners Hayden Bailey, Natasha Hassall and Clare Stirzaker, and Legal Director, Emma Haley, provide an update on the incoming legislation.

Kyra Motley, Will Finnerty, and Emily Wood write in eprivateclient, sharing their insights on the 2025 UBS Global Family Office Report with ten emerging trends shaping the priorities of UHNW families, and emphasising the growing demand for tailored succession planning solutions.

The Government recently published the English Devolution and Community Empowerment Bill, which proposes banning upwards-only rent reviews in commercial leases. The change is still subject to Parliamentary approval. Under the current system, rent on review can only increase or stay the same and cannot drop below the current rent, even if market rates fall. Partners, David Rawlence and Sophie Henwood, and Associate Kate Symons, outline the key aspects of the proposed ban.