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Home » Business Services » Commercial Property » Page 14

More landlords writing off unpaid rent to speed up evictions

30 July 2015 By Janice Young Business Services, Commercial Property

There has been an 11% increase in the number of landlords prepared to write off unpaid rent in order to speed up the process of eviction, according to figures released by Thomson Reuters. Researchers say the number of accelerated procedure notices jumped from 26,929 in 2013/14 to 29,821 in 2014/15. Speaking to the Solicitors Journal,

Developer allowed to build flats despite council opposition

15 July 2015 By Santokh Singh Business Services, Commercial Property

A developer can go ahead with plans to build student flats in a university town despite strong opposition from the local authority. The case centred on the provisions and requirements of the National Planning Policy Framework (NPPF). The site in question, which was designated as a landscape setting area, was situated in Exeter where there

To buy or to lease as the economy continues to recover?

6 May 2015 By Santokh Singh Business Services, Commercial Property

During the recession, many firms shelved plans to move to better and larger premises. Indeed, some businesses looked to downsize rather than expand. However, as the economy gradually recovers and confidence slowly returns, some firms may be considering whether the time has now come to make a long-delayed move. The demand for property has recovered

Reforming the planning system to boost house building

10 April 2015 By Hugh Beeley Business Services, Commercial Property

The government wants to speed up the planning system and make it easier for developers to build more houses. The proposals centre on ‘section 106’ agreements, which oblige developers to meet certain conditions before planning permission is granted. These conditions often involve issues such as building new roads for improved access and providing an affordable

Tenants to be protected against ‘retaliatory evictions’

19 March 2015 By Santokh Singh Business Services, Commercial Property

Tenants are to be given greater protection against eviction by rogue landlords under new measures announced by the government. Ministers are focusing on the small minority of landlords who evict tenants simply for asking for essential repairs to be made. The new measures will extend the existing restrictions on a landlord’s powers to evict, such

Companies urged to help employees with loans for rent deposits

19 March 2015 By Hugh Beeley Business Services, Commercial Property

The government is urging private companies to follow the example of the public sector and start providing employees with loans to cover deposits on rented accommodation. It’s part of a push to provide a bigger and better private rented sector. In February, all government departments agreed to offer deposit loans to staff wanting to take

Landlords and letting agents ‘liable for noisy tenants’

4 February 2015 By Santokh Singh Business Services, Commercial Property

A court has ruled that landlords and letting agents can be held liable for disturbances caused by their tenants and could face fines of up to £20,000. The case involved home owners at the Sandbanks development at Poole Harbour in Dorset. They complained about noise from a three-storey property which was rented out for stag

Tenancy deposit error prevents landlord repossessing property

13 January 2015 By Santokh Singh Business Services, Commercial Property

A landlord has been prevented from serving a possession notice because the tenant’s deposit had not been placed in an authorised protection scheme. This was in spite of the fact that that the deposit had been paid before the Tenancy Deposit Scheme (TDS) regulations came into force. The case involved a tenant who had started

Stamp duty changes could save buy to let investors £50m a year

13 January 2015 By Hugh Beeley Business Services, Commercial Property

Buy to let investors could save a total of £50m a year because of the stamp duty reforms, if property purchases continue at the current level. The reforms, announced by Chancellor George Osborne in the Autumn Statement, swept away the much criticised ‘slab tax’ approach to stamp duty and replaced it with a more progressive

Commercial tenant not entitled to refund on prepaid rent

12 November 2014 By Santokh Singh Business Services, Commercial Property

The Court of Appeal has ruled that a commercial tenant was not entitled to a refund of prepaid sums after exercising a release clause. The tenant had a commercial lease which was due to expire in 2018. The terms included a break clause that offered the tenant the option of terminating the lease in either

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