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Converting commercial property into residential housing

Michael Rabbett
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Converting commercial property into residential units is big business. An old factory bought for £250,000 and converted into 10 residential units, each valued at £150,000, could net a massive profit for the developer willing to make the...

Changes to rateable value and the impact on statutory compensation

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The rateable value of a property is assessed by the Valuation Office Agency based on the annual open market rent for the property. The last revaluation took place in 2010 which used 2008 valuations. As we are well aware, the property market has changed...

Mistakes that mean landlords lose right to break-up

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The ruling in  Vanquish Properties (UK) Limited Partnership v Brook Street (UK) Limited again reminds us how difficult exercising break notices can be. Often case law focuses on errors made by the tenant but this case shows a landlord losing its right...

Diary of a Troubled Tenant - Quantifying dilapidations liability

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"My lease recently came to an end and my landlord has served on me a terminal schedule of dilapidations which is in the region of half a million pounds. The issue I have is that I know that the landlord is negotiating a new lease with my previous sub...

The Diary of a Troubled Tenant - Hostile Notice

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"I am the tenant of business premises which I have occupied for 14 years under a 1954 protected lease. The actual lease expired four years ago. The freehold of the premises was sold last year and the new landlord has served a hostile section 25 notice...

Planning for affordable housing

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The wide ranging extensions to permitted development rights (pd rights) will have stimulated some housing delivery across the country by way of the conversion of existing buildings to residential. The latest consultation proposes more pd rights allowing...

Be savvy on planning law

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The Government is pressing ahead with introducing even further flexibility to make changes of use without the need for planning consent. The current consultation considers, amongst other changes, allowing changes from a wider variety of uses to residential...

Commercial rent arrears recovery

Michael Rabbett
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Commercial rent arrears recovery (CRAR) is a way of recovering rent arrears relating to commercial property. The new regulations came into force on 6 April 2014 where they replaced the previous method which landlords have traditionally used to recover rent...