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What is a Red Book Valuation?

You’ve been told by your accountant that you need a Red Book Valuation of the commercial property that you own. Not sure what this means? A Red Book Valuation refers to the rules and guidelines that are laid out by the Royal Institution of Chartered Surveyors that describe best practice when preparing valuations. It is not […]

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Technology and Valuation

It has been sometime since we commented on technology in property, since then it has even been assigned its own nick name “Proptech” which is in danger of becoming over used by certain sections of the media! Proptech has come a long way over the past few years and is changing the face of the […]

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Oliver Brookes

Can’t find the right commercial property?

Over the past few months, we have taken an increasing number of calls, not just from local companies but also investors from further afield, who are having difficulty finding available premises to suit their needs. The lack of good quality warehousing and industrial stock throughout Northamptonshire is well recognised. However, this overall lack of stock […]

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Sale and Leaseback: golden opportunity or the ruin of the NHS?

Tom Mason MRICS writes: Pulse recently ran an interesting article about the healthcare developer Assura, ‘GP Partners offload premises as property firm expands practice portfolio by 20%’ (7th June 2016). Assura, a sale and leaseback specialist, has increased its portfolio from 265 properties to 321 in the last financial year showing 21% growth. The article […]

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If you want peace, prepare for war…

A warm welcome to Michael Watson, head of the Property Litigation team at Shulmans LLP solicitors in Leeds, who joins us on the blog to present an alternative viewpoint to last month’s guest post from Oliver Richbell of the Dispute Resolution Partnership.  Michael is a solicitor who has specialised in property related litigation and risk management […]

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Oliver Brookes

Tenants: knowing your sinking fund from your reserve fund

In this post I am going to take a brief look at the differences between a sinking fund and a reserve fund. Leases and service charges invariably contain reference to sinking or reserve funds as a means of spreading the cost of repairs and over the years, these funds have often been the cause of […]

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Getting the benefit of hindsight…beforehand!

I’m really pleased to welcome Oliver Richbell to the blog. Oliver is a Partner in The Dispute Resolution Partnership who uses his litigation experience and the mediation process to empower clients to work towards settlement and where possible avoid disputes escalating into legal battles. ‘If only’ is a phrase that we at The Dispute Resolution Partnership […]

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International Property Measurement Standards

In this post I am going to take a brief look at the ‘RICS Property Measurement Professional Statement’ which became mandatory for RICS professionals as of January 2016. This document advises practitioners on how to measure all types of property and for office space is consistent with the newly published International Measurement Property Standards (IPMS). […]

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Bailment – can you bail out?

We are delighted to welcome Jane Bloomer to the blog. Jane is Director of Property Litigation at Howes Percival in Northampton where she advises clients in relation to all aspects of real estate litigation matters. She has particular expertise in landlord and tenant issues and possession claims and has a wide range of clients both commercial and […]

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Additional Rent Demands

In this post, I’m going to take a look at the recent changes to the Premises Cost Directions and the effect on leasehold rent values. For leasehold practices the landscape has changed recently in terms of their premises. In the past most of the issues around premises were focussed on how they were used and if […]

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