Valuation in Uncertain Times

Property valuation in 2019 has proven to be a minefield. With a ‘prime’ retail market in continuing freefall starkly contrasting with the strong local industrial sector. To the untrained eye it can be difficult to know which way to turn. Add in to this melting pot the dreaded ‘B’ word and this political limbo and…

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MEES – Unintended Consequences

As dawn has now broken on a new age of property legislation and energy efficiency in the form of the MEES Regulations (Minimum Energy Efficiency Standards) we have awoken to the issue which is created by the high proportion of commercial properties which are mid-way through a lease term with an energy efficiency rating of…

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Watts?- The Problem!

From 1 April 2018, it will be a legal requirement for new lettings, leases subject to renewal or lease extensions in the private rented sector to have a minimum Energy Performance Rating (EPC) of E or above. As such, newly let properties or lease renewals and extensions after this date that have an EPC Rating…

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Energy Efficiency – Sub-Standard Buildings

Draft Regulations setting out Minimum Energy Efficiency Standards (MEES) have been published by the Government. The regulations categorise any building with an energy performance rating of F or G as “sub-standard”. The proposals set out requirements for properties to be brought up to an E Rating. MEES will apply to new lettings from 1st April…

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