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What can a landlord do if a commercial tenant is still unable to pay rent?

What can a landlord do if a commercial tenant is still unable to pay rent?

Even now the restrictions are easing and many more businesses are opening their doors, some commercial tenants may still be struggling to pay rent in full and on a regular basis. Both parties to a commercial lease contract should understand how their liabilities and obligations have been affected by COVID-19 and ideally work together towards a solution before the eviction protection comes to an end in June.

With the eviction ban extended, what are the options for commercial landlords?

With the eviction ban extended, what are the options for commercial landlords?

When the Covid-19 crisis forced the country into lockdown back in March, many businesses, in many sectors, were forced to close their doors to employees, clients and customers alike. In response, the Government announced a temporary ban on evictions of commercial property tenants. A move that was welcomed, initially, as a way of securing the longer-term future of certain companies and, in turn, the jobs of their staff.
Chesterfield Canal Trust one step closer in waterway restoration following site acquisition

Chesterfield Canal Trust one step closer in waterway restoration following site acquisition

Chesterfield Canal Trust’s ambitious plans to preserve and reinstate the historic canal lines that run from Staveley to Kiveton Park have recently continued after the charity confirmed the purchase of two unoccupied houses located on the proposed route.

Will those with Buy-to-Let properties pay the price in 2020?

Will those with Buy-to-Let properties pay the price in 2020?

With Brexit now officially ‘done’, you could be forgiven for thinking that the rest of the year is likely to be somewhat less eventful. However, with a number of major legislative changes afoot impacting business owners, homeowners and savvy investors alike, and the Spring Budget yet to be announced, it is fair to say that may not be the case.
New bar to bolster ‘trendy’ Abbeydale Road nightlife

New bar to bolster ‘trendy’ Abbeydale Road nightlife

Sheffield’s trendy Abbeydale Road pub scene is to be further bolstered by a new, independent bar which will specialise in a range of high-quality craft beers.

The Key Facts Every Landlord Should Know in Preparation for Brexit – Deal or no Deal.

The Key Facts Every Landlord Should Know in Preparation for Brexit – Deal or no Deal.

It has been more than three years since the EU reference took place, during which time it’s fair to say the phrase ‘Brexit’ has dominated the headlines.

New Rules for Commercial Landlords

New Rules for Commercial Landlords

In April 2018 new legislation increasing the minimum energy efficiency standards for commercial property was implemented, making it unlawful to enter a new lease on a commercial property with an Energy Performance Certificate (EPC) rating of ‘F’ or ‘G’, the current lowest grades of EPC.

Property Scam – A Cautionary Tale

Property Scam – A Cautionary Tale

It’s a troubling norm of today’s society that most people will have heard a horror story about property fraud from a family member, a colleague from work or simply reading online. Importantly, these stories need to be kept in perspective: remember, the tales of properties being rented and sold without any noteworthy problems are the ones people usually don’t bother sharing! However, it’s also worth taking heed of the negative experiences of others to ensure you do everything you can to avoid falling into similar traps.

Nottingham-based Auction Estates Ltd reaches £10m milestone following completion of £1.5m orphanage deal

Nottingham-based Auction Estates Ltd reaches £10m milestone following completion of £1.5m orphanage deal

Auction Estates Ltd, a dedicated property auction house specialising in the sale of residential housing, commercial property, land and specialist property investments, has hit a major milestone this month having completed in excess of £10m worth of auction sales in its first twelve months of business.

Changes Afoot for Commercial Landlords

Changes Afoot for Commercial Landlords

The Energy Efficiency Regulations 2015 brought into force minimum energy efficiency standards for residential and commercial properties. As of 1 April 2018, Landlords with properties within the scope of these Regulations must not renew existing tenancies or grant new tenancies if the property has less than the minimum Energy Performance Certificate (EPC) rating of ‘E’. It is estimated that a significant number of rented properties in England and Wales have an F or G rating.

Legal Services in the UK are GREAT

Legal Services in the UK are GREAT

In case you were not aware, the legal services provided in the UK are Great. But don’t just take our word for it; its official! A global drive to promote the UK’s £25 billion legal services sector at home and abroad has just been launched by the Lords justice spokesman Lord Keen at a reception in Singapore.
Guide to Selling a Business

Guide to Selling a Business

There are many factors to consider when selling a business and it isn’t something that should be entered into lightly. Our free guide runs through some of the important considerations this involves.

Good News for Second Home owners in the EU

Good News for Second Home owners in the EU

The EU has ruled that taxes recently introduced by France in relation to British owners of second properties violate European law and the authorities in Spain have ruled that British people that were duped into buying illegal homes in Spain during their property boom can be entitled to compensation.