Archive for: News
Negotiating new leases for telecoms mast sites
The introduction of the Electronic Communications Code in 2017, along with the more recent Product Security and Telecommunications Infrastructure Act (PTSI) 2022, sets out changes made by the Government in order to promote telecoms provisions to the general public, as well as assist new and advanced infrastructure being put in place. This Code was introduced […]
When do you need a probate valuation?
When do you need a ‘Probate’ Valuation? You need a probate valuation for Inheritance Tax (IHT) purposes. IHT is a tax payable on a person’s estate after they have died; their estate includes money, goods/assets/possessions and property, and these must all be valued in order to assess whether IHT is payable. The valuation must be […]
How are pubs doing? Spring 2023 update
How are pubs doing 2023 With news of pub closures being announced Mike Easton at Vickery Holman looks at the market and speaks to publicans and brewers about their experiences during the winter trading period and how things may not always be as they seem. First to note is that the pub closures are nothing […]
A Day in the Life of a Property Manager
So what does a property manager do? William is a Property Manager at Vickery Holman, based in our Truro office. William joined Vickery Holman 9 months ago, having moved to Cornwall from London. This article is about a day in the life of a Property Manager in Cornwall and no, it’s not just about changing […]
Pandemic Clauses in Leases
Pandemic Clauses in Leases Given the unprecedented situation we were faced with back in 2020, many tenants are now mindful that their conventional commercial leases do not provide a safety net should the Government require tenants to stop trading. Specific pandemic clauses in leases may include the suspension of rent or a reduction in rental […]
Care Home Market UK – 2023 update
Care Home Market UK The care home market UK is expected to grow. The number of people aged 85 and over is forecast to increase from 1.7 million in mid-2020 to 3.1 million in mid-2045. To keep pace with this age-related growth, the number of retirement homes is estimated to need to grow by 8.8% […]
Net Zero requirements for new housing in Bath and North East Somerset
Bath and North East Somerset Council adopts policy requiring new housing to be net zero. In January 2023 Bath and North East Somerset declared that all future new housing will be required to be built to net-zero standards. The newly adopted policy will ensure the energy use of any proposed development in the area will […]
2023 Rating List – what does it mean for you?
With the 2023 Rating List arriving on April 1st 2023, here’s our lowdown on what it means for you. 2023 Rating List Business rates are a tax on the occupiers of land and the buildings they occupy. This tax is calculated by the Valuation Office Agency (VOA), who estimate the open market rental value of […]
Lease renewals in the retail market
Lease renewals in the retail market; aggressive stance taken by retail occupiers Tenants with leases protected by the 1954 Landlord and Tenant Act have the right to a new lease when their current one expires. In the lead up to lease expiry, either the landlord or tenant can serve a notice on the other, stating […]
Dilapidations & Section 18 Valuation
Dilapidations & Section 18 Valuation Having clear advice from a professional regularly dealing with dilapidations is key to understanding dilapidations and Section 18 valuations. Vickery Holman’s team of surveyors are not only able to provide advice on the defects and fabric repairs required, but also the impact on value. These different aspects of dilapidations are […]