Unless the lease is protected, which provides security of tenure, sooner or later – whether you are a tenant or a landlord – you are going to have to renew the terms of your lease. But what is actually up for negotiation? Maunder Taylor offers expert business lease negotiations advice to clients across North London; […]
Residential Leasehold Reform – Kill or Cure?
Most people involved with property will have some awareness of the government proposals to amend the existing Leasehold Reform laws. This paper aims to provide a brief summary of the situation so far, and consider the commercial impact on the general market and statutory premiums together with a picture for the future. The Proposals Since […]
Commercial Property Rent Review Clasuses
Overall, which gives better net returns and security: Market Value Reviews OR Indexation? 344 Streatham High Road, London SW16 6HH is a ground-floor shop, half used as a hairdresser and half sub-let as a pavement cafe. The rent with effect from 19 May 2016 was £30,000 p.a. A Market Value rent review set for 19 […]
Residential Service Charge Management
CASE STUDY: CORRECTING A DECADE OF MISMANAGEMENT Melrose Apartments is a development consisting of a block of 51 private apartments and two commercial units, and three blocks of 25 social housing flats in Hampstead, NW3. The problems: The building was barely 10 years old, yet there was flooding in the two basement levels; the comfort […]
Roof/Air Space Developments
Pressure to build more houses. Planning laws relaxed. Freeholders concerned only with the windfall value which appears to come with a planning consent but then selling on: too much business sense to take the development risks themselves? Or did they run realistic figures and find that, actually, there is doubtful value or profit margin? Pre-Covid, […]
Updates on the Renters’ Reform Bill and the Leasehold Reform Bill
Two important items of legislation relating to the property market which the Government had promised to introduce have met with different outcomes. Here Maunder Taylor, who operate an estate agency covering Totteridge, Whetstone and the surrounding area, provide the latest updates on two Bills – The Renters’ Reform Bill and the Leasehold Reform Bill. The […]
Key Ways of Improving Your Property Valuation
Although commercial and residential property valuations use different criteria to come up with a final figure, there are some common denominators which can be applicable to both. Here Maunder Taylor, who provide property valuation services in Whetstone and the surrounding area in North London, look at some of the key ways of ensuring you get […]
Key Property Announcements in the Chancellor’s March 2024 Budget
The Chancellor of the Exchequer Jeremy Hunt has just made what should be his last Budget Statement before the General Election. While the headline announcements concerned the cutting of the National Insurance rate by 2p in the pound, changes to Child Benefit and an ending to the current ‘non-dom’ tax regime, there were some property-related […]
Property News Update – The Latest Developments
The Government’s Housing Secretary Michael Gove has made a number of announcements relating to the property market in the past couple of weeks. Here Maunder Taylor, who provide commercial property investment services in and around Potters Bar, outline the key points and what it means for property owners (or those looking to purchase a property) […]
The RPI and the CPI – Why the Proposed Changes Matter in the Property Market
One of the many financial changes which is being proposed by the Government is the realignment of the various inflation figures – specifically, the Retail Prince Index and the Consumer Price Index. Here Maunder Taylor, who offer lease renewals advice in and around London, explain the various abbreviations, and outline why these changes could have […]