Don’t forget that the deadline for the minimum EPC rating on commercial is fast approaching. From April 1, it will become unlawful for a landlord to continue to let a substandard commercial property unless they have made all possible cost-effective energy efficiency...
The value of commercial properties in Britain fell by £130 billion last year as landlords were hit by rapidly rising interest rates and the prospect of a recession. Commercial property capital values dropped by 3 per cent last month alone, according to the latest monthly index from CBRE, the real estate and investment company. The […]
The number of empty shops in the UK has continued to fall but remains higher than pre-pandemic levels amid fears that falling consumer confidence will test the fragile recovery. The overall vacancy rate across Britain fell to 14% in the third quarter, 0.1 percentage points better than the previous quarter and 0.6 percentage points better […]
PropertyWire has just published an article on a current loophole in the EPC/MEES regulations for commercial property, where an EPC is generally considered not to be required on a renewal lease, many landlords have been able to renew leases to sitting tenants where the property would not achieve an E, but no EPC has been […]
Property Reporter have run an article on ‘The pros and cons of being a commercial landlord’ It can be seen here, and says: The latest research by Revolution Brokers has revealed that commercial property landlords are currently averaging yields of 6% across England, climbing as high as 8.6% in some regions. Some areas of the […]
The clock is ticking for commercial landlords to ensure their properties meet minimum energy efficiency standards ahead of 1 April 2023, warns commercial property specialist Rajinda Sanghera. Rajinda, an associate at national law firm Clarke Willmott LLP, says the coming into effect of the last part of the Minimum Energy Efficiency Standards Regulations (MEES) means […]
Just over two years since it started, the moratorium on landlord remedies to effect CRAR (commercial rent arrears recovery) and forfeiture of lease has ended with effect from 25th March 2022. This will undoubtedly come as a relief to many landlords who have tenants in arrears or need to retake possession of their property. However, […]
Landlords and their tenants face a new and uncertain arbitration scheme when looking to recover unpaid rent debts which relate to periods of forced closure during the pandemic.Some may choose to avoid the arbitration scheme entirely, says property lawyers, Royds Withy King.The general restrictions on landlords seeking to recover unpaid rents are expected to lift […]
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Don’t forget that the deadline for the minimum EPC rating on commercial is fast approaching. From April 1, it will...
The value of commercial properties in Britain fell by £130 billion last year as landlords were hit by rapidly rising...
The number of empty shops in the UK has continued to fall but remains higher than pre-pandemic levels amid fears that...
Today the ONS confirmed Government is still spending almost £9bn on energy price subsidy and support.
iHowz ask why 2 years on the new MEES are not published and only limited finance available for energy efficiency in homes
https://www.ons.gov.uk/economy/governmentpublicsectorandtaxes/publicsectorfinance/bulletins/publicsectorfinances/february2023
@iHowz, @DLUHC, @HMTreasury
