Archive for: News
Government Consultation on Empty Property Relief Reforms
Government Consultation on Empty Property Relief Reforms At Spring Budget 2023, the government announced a consultation to explore the causes of, and potential solutions to, avoidance, evasion and poor rating behaviour within the current business rates system. The first chapter of the consultation seeks views on specific proposals to reform Empty Property Relief. The consultation […]
Challenges to the student HMO market
Challenges to the student HMO market Houses of Multiple Occupancy (HMOs) serve as a vital housing option for students who can’t secure rooms in Purpose-Built Student Accommodation (PBSA). Research suggests that over the past decade, the number of students living in HMOs has increased by 18%, reaching an all-time high. However, the number of HMOs […]
Lease renewals for land with telecoms mast
With the ever-evolving legislation surrounding telecoms masts, landlords regularly find themselves falling behind in their understanding of what rights they currently have for lease renewals for land with telecoms masts. The passing of the Product Security and Telecommunications Infrastructure Act (PTSI) 2022 further supports the Electronic Communications Code in 2017, the combination of which strengthens […]
Disposal of Charity Owned Land
Disposal of Charity Owned Land We examine the two key modifications to the regulations governing the disposal of charity owned land following implementation of Sections 17 and 19-22 of the Charities Act 2022 on 14 June 2023. These changes have the potential to streamline the processes and reduce costs for charities during property disposals. The […]
Hospitality Market Update
After a noticeably quieter Winter there has been better than reported activity in the sector in more recent months and Vickery Holman have been at the forefront of the deal making. When talking about transactions the news is often at least 3 months from the point where the deal was agreed to allow for the […]
Property management portfolio continues to expand
August has been a busy month when it comes to property management and we are happy to announce that Ogwell Brook in Newton Abbot and Keble House in Exeter have joined our portfolio of managed properties. Ogwell Brook is a development of 185 truly contemporary apartments, coach houses and town houses which is situated in […]
Repairing leases – what they mean for commercial leases
In commercial leases, the repairing leases obligation is generally either ‘full repairing’, where the tenant has responsibility for all external and internal maintenance, decorations and repairs, or ‘internal repairing’, where the tenant will have a more limited liability for maintenance, decorations and repairs confined to the internal parts of their demise. In practice, we often […]
Valuable Training Across the South West
It has now reached the two-year mark since I joined Vickery Holman back in 2021 as a General Practice Graduate Surveyor, and this week is my last week in the Bristol office before moving south to the Exeter office. In March this year I returned to the Valuation team and to date have carried out […]
July 2023 – Commercial, Leisure and Investment Update
Contrary to expectations, Vickery Holman are reporting better than expected market activity in Devon and Cornwall. ‘We’re completing on retail units in Plymouth city centre and seeing both small and large units going under offer, when we might have forecast a slower market for retail units based on the last few years and the beleaguered […]
Building Regulations June 2022 Updates
Building Regulations June 2022 Updates What are they and why are we talking about them a year later? The Building Regulations cover a wide range of topics from fire safety and structural safety to accessibility and energy efficiency. In June 2022 some major changes were implemented to the regulations, primarily targeting Part B: Fire Safety, […]