The current outbreak has caused substantial problems for businesses in terms of how they carry on trading. Depending upon the sector in which they operate there have been a variety of announcements regarding Government support. For example, the Government has announced cash grants for the retail, hospitality and leisure sector. Under this scheme there…
Over half of the population now rent in the private sector due to a rise in property prices. In a time when buying a property requires savings built up over many years, renting a property can be a more achievable alternative. According to the Department for Work and Pensions the number of people privately renting…
Need a more flexible solicitor? A solicitor that can accommodate you outside of 9-5, Monday – Friday? Our London Office will be open on Saturday mornings from 10am-12pm for personal attendances or prearranged appointments so if you need to pop something in to us please feel free to come over. Our office is situated on…
There are many advantages to selling or buying at auction, though you must equally be aware of the pitfalls. Auction guide prices can be misleading as these are set to entice the bidder. However, you need to bear in mind the actual reserve will generally be 10% above the auction guide price. Bidding Clearly when…
A Ban on Tenants’ Fees The Tenants Fee Bill is currently going through Parliament and is likely to become law in the spring subject to any major political upheavals. If the bill becomes law then it will remove letting agents’ charges to tenants. They will only be required to pay their rent and deposit…
Commercial tenants’ are becoming more and more aware of the potential impact of their obligations under a lease, and how this coincides with their short term and long term plans for their business. There appears to be a definite shift towards (i) shorter leases, (ii) more frequent break clauses, and/or (iii) increased alienation provisions allowing…
1. How long have you worked for RRP Associates ? I have worked as a Consultant with RRP Associates since 1st November 2010. 2. What area of law do you specialise in? My work mainly consists of Commercial Property including property development. I also do some private client work including Wills, Trusts, administration of estates and estate and…
Are you approaching the end of your fixed term commercial lease? If you are running your business from commercial premises subject to a contractual tenancy, it might be worthwhile checking whether your lease says anything about the Security of Tenure provisions to ascertain whether you can renew your lease and continue to run your business…
For the first time in more than 10 years the Bank of England has raised interest rates. The official bank rate has been lifted from 0.25% to 0.5%, the first increase since July 2007. Hiromi Kuda, Partner and Head of Commercial Property at award winning and leading regional Law firm RRP Associates comments “The low…
With only five weeks to go before a hike in stamp duty for buy to let property purchases there has been a massive increase in mortgage lending, the highest level in nine years, for buyers who want to get in before the 3% rise. Hiromi Kuda, a property legal specialist at the award winning and…