Buying a commercial property? If so, are you aware of capital allowances?
Capital allowances are a form of tax relief available to those incurring capital expenditure when buying or building a commercial property. If you are buying a leasehold property, the landlord may...
View ArticleBreak Clauses in Commercial Leases
Many people assume that once you are signed up to a fixed-term lease you are obliged to see it out until the end – but this is not necessarily true. If your lease has a break clause in it, the landlord...
View ArticleHow will a Conservative Party general election win affect the property world?
So what did the Conservative Party promise the property world after the general election in 2015? More incentives to make homes more energy efficient and phase out hydrofluorocarbons (an alternative to...
View ArticleBuying the goodwill and assets of an existing business in the hospitality...
Our series of blog posts look at the key things you need to consider before you buy a business: Part one: What are you buying? Part two: Are you buying the freehold of the property or a lease? Part...
View ArticleAre you buying the freehold of the property or a lease? Part two of Buying a...
In our first post we focussed on the question ‘What are you buying?’ In this, our second post of our four part series explaining some of the key legal implications of Buying a Business, we cover Buying...
View ArticleWhat contracts are in place for the current business? Part three of Buying a...
In our part one of our Buying a Business series of posts we focussed on the question ‘What are you buying?’ In part two we looked at Buying Freeholds and Leasing… And in our third post we’re looking at...
View ArticleThe Finances: why is the business up for sale and are the accounts accurate?...
In our part one of our Buying a Business series of posts we focussed on the question ‘What are you buying?’ In part two we looked at Buying Freeholds and Leasing, whilst part three focussed on existing...
View ArticleResidential leaseholders – are you unhappy with your managing agent/landlord?
You may have been listening to BBC Radio 5 Live lately, more specifically the programme 5 Live Investigates. In a recent episode it looked at the issue of landlords (and managing agents employed by the...
View ArticleConsidering Right To Manage – Does your building and lease qualify?
If you are considering RTM, you need to first check that your building and lease qualify for the right: Is the property a flat? (RTM does not apply to houses). Is the building purpose built? (If the...
View ArticleResidential Lease Extensions (Part 1) FAQs
Q. Why would I want to extend my lease? A. If your lease term (the amount of time left on the lease) dips below 80 years, a lot of lenders will not lend money to prospective purchasers. Therefore if...
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