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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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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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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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In Seventh Heaven surveying St James’ Park, home of NUFC!

As a follow on from my recent survey to produce a Schedule of Condition of the Millennium Stadium for the Rugby World Cup 2015, I had the great excitement of surveying St James’ Park, the home of my club Newcastle United. I’m a life long Newcastle fan so it was great to have an ‘access […]

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Calling all sports fans! Surveying the Rugby World Cup 2015 venues

I was absolutely delighted to be instructed as part of a national specialist team of small companies to compile Schedules of Condition for the stadia being used as part of the Rugby World Cup 2015. Not only is it a prestigious instruction, but as a lifelong Magpies fan, surveying St James’ Park in Newcastle will […]

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Optimise the management of your properties

When it comes to property management, all our clients have one thing in common: they expect their portfolio to be actively managed whilst ensuring the assets are performing to their full potential regardless of the prevailing economic conditions. At Neil Mason Associates, the economic downturn in recent years has meant intensive proactive management across all […]

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