A firm of solicitors has looked at the 1954 Act, questioning whether it needs reviewing. Their findings can be seen here, and in summary: The Landlord and Tenant Act 1954 (the "Act") provides security of tenure for business tenants, allowing them to renew their leases...
Specialist lender Shawbrook are reporting that landlords frustrated by poor returns and high taxes in the buy to let arena are looking for ways to diversify investment with commercial property. Its recent research revealed that around 19 per cent of landlords are...
HMRC is now writing en masse to overseas companies it has identified as appearing to own UK commercial property they do not appear to have disclosed any taxable rental income for. The letters begin: Disclosure for non-resident landlord liabilities UK property of...
Don’t forget that the deadline for the minimum EPC rating on commercial is fast approaching. From April 1, it will become unlawful for a landlord to continue to let a substandard commercial property unless they have made all possible cost-effective energy efficiency...
The value of commercial properties in Britain fell by £130 billion last year as landlords were hit by rapidly rising interest rates and the prospect of a recession. Commercial property capital values dropped by 3 per cent last month alone, according to the latest...
The number of empty shops in the UK has continued to fall but remains higher than pre-pandemic levels amid fears that falling consumer confidence will test the fragile recovery. The overall vacancy rate across Britain fell to 14% in the third quarter, 0.1 percentage...
PropertyWire has just published an article on a current loophole in the EPC/MEES regulations for commercial property, where an EPC is generally considered not to be required on a renewal lease, many landlords have been able to renew leases to sitting tenants where the...
Property Reporter have run an article on ‘The pros and cons of being a commercial landlord’ It can be seen here, and says: The latest research by Revolution Brokers has revealed that commercial property landlords are currently averaging yields of 6% across England,...
The clock is ticking for commercial landlords to ensure their properties meet minimum energy efficiency standards ahead of 1 April 2023, warns commercial property specialist Rajinda Sanghera. Rajinda, an associate at national law firm Clarke Willmott LLP, says the...
Just over two years since it started, the moratorium on landlord remedies to effect CRAR (commercial rent arrears recovery) and forfeiture of lease has ended with effect from 25th March 2022. This will undoubtedly come as a relief to many landlords who have tenants...
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A firm of solicitors has looked at the 1954 Act, questioning whether it needs reviewing. Their findings can be seen...
Specialist lender Shawbrook are reporting that landlords frustrated by poor returns and high taxes in the buy to let...
HMRC is now writing en masse to overseas companies it has identified as appearing to own UK commercial property they...