The Empty Property Rate Dilemma: Exploring Ethical Mitigation Strategies

Empty property business rates in the UK is a tax imposed on commercial properties that are vacant or unoccupied for an extended period. These rates are a significant financial burden for property owners, developers and businesses, as they must continue to pay these levies even when their premises are unoccupied. This levy was introduced to…

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Commercial awareness from legal advisers

Reflecting on a recent conversation with a Newmanor Law client, when we posed them the question, what does good service look like to you, we were surprised by their answer. Firstly, although they had worked with different law firms for decades, we were the first firm to ask them this question. Secondly, after explaining that…

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Landlords must be careful with rights to break

If landlords ever need a reminder that a decision to exercise a break right in a lease should be backed up by well presented, thought through evidence then the recent County Court case BMW (UK) Ltd v K Group is essential reading. The key term that the Court was asked to decide which is of…

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Predicted trends across the commercial property sector in Q4 and beyond

At the outset of 2023, we were faced with the challenge of a moderate recession, accompanied by high inflation and rising interest rates, which were hindering the UK’s growth. Despite avoiding a full-blown recession, the economy is still grappling with the burdens of high inflation and interest rates, and the real estate sector has been…

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Understanding the new building safety rules (April 2023)

If there was any doubt surrounding the UK’s building safety regulations, then 2017’s Grenfell Tower tragedy served as a stark reminder to everyone. In the aftermath the government conducted a full review into the cause of the tragedy and the validity of the building and fire safety regulations surrounding it. In 2018, a report entitled…

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What does climate change mean for UK property owners and lenders

The science underpinning climate change has been well known for decades, but it is only in more recent times that its practical, physical impact on land and buildings has been experienced. In the UK, we are already experiencing wetter winters (resulting in more flooding) and drier summers (resulting in more ground instability and subsidence). In…

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Site Acquisition: What to consider

Any developer looking to acquire a specific site upon which to develop properties should take expert legal advice from the earliest possible moment to ensure the transaction runs as smoothly as possible.  Matters that will need immediate attention are any planning permissions required or currently in place, environmental investigations, and the commercial aspects of the…

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