Discussions about the future of Sheffield city centre have stepped up a gear this year. Hopes are high a retail quarter may emerge from the ashes of the Sevenstone development and debate rages about the proposed demolition of independent street shops on Devonshire Street. What we can’t deny is that Read more…
Tenants require the flexibility of being able to dispose of their interest in leasehold premises for a number of reasons including where business is expanding and tenants are wanting to relocate to larger premises or where business is struggling and tenants are wanting to downsize or simply close their business. Read more…
Purchasing a property at auction is an appealing prospect for potential buyers in that valuable investments can be obtained on favourable financial terms. Therefore, to ensure that this is the case, potential buyers are advised to give consideration to the following: 1. Tenure The majority of properties are either freehold Read more…
The Small Business, Enterprise and Employment Act 2015 (“SBEEA 2015”) will enable the Secretary of State to establish a framework of regulations for businesses that own public houses. These regulations will be known as the “Pubs Code” and will affect the relationship between landlords and their tied pub tenants. A Read more…
The consultation closes on 28 February 2015. The Department for Communities and Local Government (“DCLG”) and the Homes & Communities Agency (“HCA”) launched a consultation on proposals to streamline the resale of shared ownership properties to make it quicker and easier to sell them. The current provisions are perceived to Read more…
A decision in the Upper Tribunal (Lands Chamber) suggests that business rates may be payable even where an intended occupant is carrying out substantial refurbishment works and cannot use the property for its intended purpose until the works are complete. If the intended occupant has particular requirements which other potential Read more…
A right to move consultation has been looming for some time and here it is. The policy aims to give social housing tenants the opportunity to move to a new area through the right to demand their housing is sold and an alternative is bought in an area of their Read more…
One of the effects of the recent economic climate has been an increase in the number of tenants going into liquidation. Consequently, many landlords have found themselves on the receiving end of a notice of disclaimer from liquidators relating to their property. Responsibility for business rates on an empty property Read more…
There have been changes made to the Planning (Listed Building and Conservation Areas) Act 1990 (LBA 1990) intended to reduce the number of listed building consent applications submitted to the local planning authority (LPA), for works that are considered “not to be harmful or to have a significant impact on Read more…
The Homes and Communities Agency (HCA) has recently published a statutory consultation on amending the regulatory framework for social housing in England in order to protect social housing assets. The consultation proposals include: Changes to the Governance and Financial Viability Standard to ensure that registered providers effectively manage their businesses Read more…