Archive for: News

The King’s Speech and the residential property market 

In his first King’s Speech on 7th November, King Charles commented on both the Leasehold & Freehold Reform Bill & the Renters (Reform) Bill.   The King’s Speech and the residential property market  Leasehold & Freehold Reform Bill   The King confirmed that the government intends to bring forward reforms to the leasehold system, declaring  “My ministers […]

Permitted Development for Temporary Campsites in England

According to The Expert Camper, there are over 7,000 holiday parks and campsites across the UK, numerous of which are spread across the South West region. Many caravan and holiday parks were established around the 1950s with farmers changing and/or diversifying from agriculture to tourism.   Permitted Development for Temporary Campsites in England  Under permitted development, […]

Offices, retail and industrial Exeter commercial property update

Exeter commercial property update: Our commercial agency team provide regular updates on the property, development and investment markets around the South West. Zach Maiden gives an Exeter commercial property update. Exeter commercial property update Over the course of 2023 we have experienced a turbulent time from market forces as a result of the ill-fated ‘Mini-Budget’ […]

Provision of GP services in the UK; Update from our Healthcare specialists

Publicly funded GP practices, which make up the bulk of the provision of GP services in the UK, have come under growing pressure due to a combination of slower growth in government funding and rising demand for GP services from an expanding and ageing population. This has limited revenue and affects the recruitment and retention […]

Evolving landscape of nutrient neutrality legislation for developers

Nutrient neutrality has been a hot topic in politics for quite some time, often seen as a roadblock by developers and a vital tool by environmentalists in the fight against nutrient pollution. The government is proposing substantial amendments to the Levelling Up and Regeneration Bill (LURB), potentially reshaping how we consider nutrient neutrality in the […]

The complexities of a rent review; dental surgery case study

We recently completed a rent review of a dental surgery on the Dorset/Somerset boarder, on behalf of the landlord. They had received a letter from the tenant stating they wanted the rent to stay the same at £22,500 per annum. They then contacted us for advice and instructed us to negotiate the rent review. With […]

How to Value an Operational Entity

How to Value an Operational Entity So how to value an operational entity? The valuation of operational entities is carried out for both freehold and leasehold assets and by definition means the purchaser or lessee intends to operate the business to create a profit. These types of properties include caravan and touring holiday parks, hotels, […]

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 […]