The first Labour budget for 14 years was the subject of much speculation in the press. But what has changed for property owners, buyers and sellers? And is there anything property owners should do as a result? ‘There was a lot of hype surrounding the budget,’ agrees...
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Investment.
Restrictive covenants, what property buyers need to know
Picture this; you have had your offer accepted and the conveyancing is progressing smoothly, but before exchange of contracts, your solicitor tells you that the property you are buying is subject to a restrictive covenant. ‘That scenario is more common than you might...
Unsure about high street rental auctions? Here’s the essential guide for landlords
The Levelling Up and Regeneration Act 2023 will give local authorities new powers to hold rental auctions of empty high street properties if landlords do not find tenants for themselves. The relevant parts of the legislation are not yet in force, but if you are a...
Due diligence on a commercial property acquisition
If you are considering buying a commercial property, it is up to you to do your due diligence and find out as much as possible about the property and the surrounding area before you commit yourself. You will need a solicitor to carry out formal searches of public data...
A landlord’s liability for a commercial tenant’s activities
The most successful commercial landlords take an active approach to managing their properties and commercial tenants, and there is more to this than making sure the building is well-maintained. It is also important to check that your commercial tenants are not causing...