A repossessed property is a home that’s been seized by the lender because the owner failed to pay the mortgage. The property is then sold to recoup the lender’s money. The lender usually wants to sell quickly which means you could get a bargain.
Sham legal documents are created for all sorts of nefarious purposes, but judges are thankfully well practised at spotting them. In a case on point, a bogus lease created with the intention of evading business rates failed to convince the High Court.After receiving non-domestic rates demands for over £62,000 from a local authority, a commercial property owner claimed that it had not been in rateable occupation of the premises during the relevant period, having leased them to a corporate tenant.
As pressure mounts to deal with the climate crisis, the construction industry is faced with the challenge of making buildings more environmentally-friendly.
With the majority of commercial properties in the UK “opted to tax” and therefore attracting VAT on the sale, it is important to recognise that this additional 20% upon completion can create a funding gap.
Public authorities are bound by procurement rules of ever increasing complexity in their commercial dealings with the private sector. The Court of Appeal, however, managed to find its way through the maze in ruling that the lease of advertising hoardings on local authority-owned land fell outside the regulatory regime.
The mere fact that a development proposal may encounter difficulties and eventually prove undeliverable does not generally justify a refusal of planning permission. The High Court made that point in breathing new life into plans to construct a whole new neighbourhood of 1,200 homes.
Our client Mr Robinson had been running a successful York-based building company for ten years. Previously he obtained financial support from an equity-based investor who provided funds in return for an agreed profit share. When this funding ended, the client approached us to help find £1.4 million for his next project.
Type the phrase ‘coworking’ into any search engine and your top results are guaranteed to be about WeWork, its rescue deal and the fate of ex-CEO and co-founder, Adam Neumann. So, you could be forgiven for taking the struggles of WeWork as an indication of the state of the flexible office industry, but you would be wrong.
Interior Design Inspiration at Salon del Mobile.Last month, our interior designers went international with a trip to one of the most stylish cities on the planet, Milan.
There are two land systems In England and Wales – registered land and unregistered land. If a piece of land and ownership of it is recorded on the Land Register it’s registered land. When a property gets registered, the title is “guaranteed” by the Land Registry. The Register is open to the public and can be accessed by anyone.
The voters of Bournemouth made their feelings on continued EU membership pretty clear in the referendum, voting 54% Leave, 46% Remain. A lot has changed since then. We’ve seen the occupants of 10 Downing Street change three times, Sterling’s value decline and fall, financial markets – including insurance – experience massive movements, leave deadlines come and go, and politicians’ stances on what is achievable change on almost daily basis.
Computer generated images play such a massive role in todays society with amazing film animations but can they real work in the corporate world of property? The answer is YES! And here are 5 reasons as to how , where and why you should be using them in your property marketing...
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