Category: Commerical Property
October 2019
The Bank of Mum and Dad
It's a good time to sell. Demand for properties amongst buyers is currently exceeding supply meaning properties in the South East are selling quickly and often at, or even above, asking price. The availability of lending to First Time Buyers (FTBs) continues to improve and with lenders offering FTBs incentives such as paying their Stamp Duty Land Tax bill, more young people will be enticed to take their first step onto the property ladder.
October 2019
Commercial Leases and Break Clauses
In 2014, we reported on the Court of Appeal’s decision in the case of Marks & Spencer PLC v BNP Paribas Securities Trust Company (Jersey) Ltd (BNP Paribas). Following this, Marks & Spencer PLC were allowed by the Supreme Court to appeal the decision of the Court of Appeal to not grant them a refund of the rent they had paid past the break date of the lease.
October 2019
Minimum Energy Efficiency Standards for Private Rented Property
If you are a Landlord of domestic and/or non-domestic private rented property and the Energy Efficiency Rating of that property (shown on the Energy Performance Certificate (EPC)) is F or G, then this article is relevant to you.
October 2019
Avoid Becoming a Victim of Property Fraud
As reported last July, property fraud is on the increase and as a result, the Land Registry has nominated July as ‘Scams Awareness’ month. If you own property please take a moment to:
August 2018
The rental shortage – could it hit crisis point?
The continued housing shortage across the UK is hardly surprising, but according to the Royal Institution of Chartered Surveyors (RICS) rents could rise by as much as 15% by 2023 as the supply of new rental property dries up.
August 2018
Interest rate rises may not all be doom and gloom for property
The rise in interest rates announced yesterday was reported to be at the highest level since the recession in 2009. How will these rises affect mortgages, savings and property in general?
May 2018
Moving Home? It needn't be painful!
New Home Owners Day is celebrated on 1st May, but, whilst buying a house is supposed to be one of the most stressful things we encounter during a lifetime, we can help make house buying and selling a little less painful with these tips.
September 2017
Fire Safety for Tenants & Residents
Author: Caroline Walton
Following the Grenfell Tower fire, the Department for Communities and Local Government has published a collection of useful information on fire safety for tenants and residents aimed at people who might have concerns about the building in which they live. These can be found here.
August 2017
Asbestos: Managing the Risks
Author: Tanaz Nowrouzzadeh
Asbestos has historically been used in a broad range of industries, including the construction of buildings. We now know that asbestos carries significant health risks and in 1985 the UK banned the import and use of asbestos. Despite this ban, asbestos can still be found in many buildings and the people who are most at risk from asbestos are workers who disturb it without realising it is there and surveyors when carrying out inspections of those buildings
March 2017
Lease Extensions
Author: Tamsin Reader
Since 1993, Leaseholders have been able to claim an extended Lease from their Landlord(s). With flats with less than 80 years it may be difficult to sell or secure a mortgage on. Extending your Lease either by agreement, or otherwise, overcomes this problem and makes your property more desirable and in most cases a more valuable asset.
