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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Building Cost Reinstatement Assessments

Have you had your properties valued for insurance purposes within the last 3-4 years?   If the answer is no, then you may well be under-insured and open to unnecessary business risk. We have been asked to assist on a couple of buildings recently where the clients had not undertaken a valuation for 7+ years…

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Residential lease extensions – Falling between the cracks

Owners of long leasehold interests in residential property have a legal right to extend their lease under the Leasehold Reform, Housing and Urban Development Act 1993 in respect of flats, or the Leasehold Reform Act 1967 in respect of houses. The former is the most common in light of leasehold being the preferred legal medium…

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Property & Pensions

Financial advisors tend to counsel against commercial property investments as part of a pension fund on the grounds that they are illiquid, can be subject to void periods with no rental income (and related costs) and that values can go down as well as up. However, there are very good reasons why overseas investors have…

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The Valuation of Licensed and Leisure Properties

It was the debacle over valuations of Queens Moat Hotels in the early 90’s that lead to the wholesale rewriting of Valuation Manuals & the content of Valuation Reports. Nevertheless, valuation methods are largely unchanged. The value of licensed and leisure premises is inextricably linked to trading performance and potential. Purchasers are buying into earnings…

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