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Commercial tenancies in England and Wales are governed by The Landlord and Tenant Act (LTA) 1954. A Section 25 Notice is named after the section in the LTA 1954 that includes the information that a Landlord needs to provide to the Tenant in order to terminate the business tenancy. Security of Tenure gives the Tenant […]
Jake has joined JDR Racing for his second season in the Pirelli junior superstock 600 class on board his Yamaha R6. JDR Racing are a massively established team in the paddock, equipped with the best mechanics and technical support plus a hospitality unit for dining and relaxing on an evening. To read more see here Bradley […]
What is Dry Rot? Serpula Lacrymans, otherwise known as Dry Rot is a type of fungi that grows on timber. There are six groups of fungi that are generally recognised to grow on timber, which include Brown Rots, White Rots, Soft Rots, Stains, Moulds and Plaster Fungi. Only brown and white rot breaks down timber […]
The BM team tuned into the 2021 RICS Dilapidations Forum Annual Conference, uniquely held online due to CV-19 but as ever, very informative. A number of useful insights into the likely impacts of CV-19 and changes in legislation on dilapidations claims, as well as discussions surrounding relevant topics such as cladding and building safety, MEES […]
As many are aware, the HMRC has revised their approach surrounding the treatment of VAT on payments relating to damages and compensation i.e. dilapidations. The new approach we understood will come into effect from 1st March 2021, after the HMRC have advised a push back from the initial date of 1st February 2021. Following recent […]
Commercial property surveys are different from residential surveys in a number of ways, not least because they are far more comprehensive. These types of surveys also tend to focus on more than just a monetary valuation, taking into account the client’s business needs. For those involved in commercial property, whether you’re a landlord or you’re […]
