If you are a homeowner or looking to buy, the very word subsidence may fill you with dread or visions of sinkholes which hit the newspaper headlines. According to the British Insurance Brokers Association, subsidence is a common issue affecting an estimated 20 per...
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Month: July 2023.
The risks of buying a property for student accommodation and how to avoid them
If your son or daughter is heading off to university, you may be thinking about their student accommodation. With student rents averaging nearly £7,000 a year, you may also want to help financially. For some parents, the solution is to buy a property for their child...
Exercising a break clause – top tips for commercial tenants
If you are a business tenant, a break clause in your commercial lease gives you valuable flexibility to move out if circumstances change, but the law on break clauses is full of traps for tenants. If you want to be certain of ending your lease successfully, you must...
How to successfully sell your house through the modern method of property auction
Online auctions, especially the ‘modern method’ of property auction, continue to grow in popularity. Last year saw a 40 per cent rise in the value of property sold at auction, much of this online. But what exactly is the modern method of auction, and is it something...
How to negotiate a successful turnover rent for retail premises
Turnover rents are increasingly common in retail lettings. In challenging times, they appeal to tenants because both the landlord and tenant share the risk of trade being adversely affected by the state of the wider economy. Landlords would prefer a guaranteed fixed...