Legal Article
08/11/22
Eighty-five per cent of North West-based small and medium-sized companies (SMEs) are confident their revenue will grow over the next 12 months despite the challenging economic conditions, according to new research by law firm, Forbes Solicitors. UK expansion, organic growth, and research and…
Legal Article
08/11/22
The huge increase in energy costs combined with global threats to energy security have encouraged many businesses to focus on improving the environmental performance and energy efficiency of their buildings. Such improvements may extend from relatively minor works such as the installation of energy…
Legal Article
24/10/22
Care homes are usually operated through limited companies. Care homes run by limited companies can be purchased either by way of a share purchase i.e. a purchase of the company itself, or by way of a purchase of the business and assets of the company (known as an asset purchase). Both methods have…
Legal Article
28/09/22
As part of its introduction to the Building Safety Act 2022 the government stated that the new law would "create lasting generational change and set out a clear pathway for the future on how residential buildings should be constructed and maintained". Clearly the intention for the Act is…
Legal Article
22/06/22
It is common for tenants of commercial properties to wish to make physical alterations to a property during the term of their lease, to adapt the property to fit the tenant's way of working and to ensure that the property continues to meet the operational needs of their business. If the tenant…
Legal Article
20/05/22
RPDT is a new tax on profits of companies carrying out Residential Property Development activities, and is intended to cover the costs of replacement unsafe cladding. It will only apply on accounting periods which come to an end on or after April 2022. The tax will apply to profits above a £25m…
Legal Article
10/03/22
Turnover rent is a long-established concept in the UK, having been used since at least the 1980s. It became a hot topic throughout the pandemic; the number of turnover rent structures began to increase and many wrote that it was the future of retail. This had been fuelled by the uncertainty which…
Legal Article
01/03/22
In our previous edition we wrote about "green" leases and how the parties to a lease may seek to agree terms in a lease or side agreement that focus on improving the environmental position of a building. The parties (particularly a landlord) may simply be motivated by a desire to meet…
Legal Article
18/02/22
Recap of our June update In June 2021 we discussed that despite the Government being sympathetic towards commercial tenants during the pandemic, landlords were still able to reclaim rent arrears through the courts. The overarching advice from the Government in its Code of Practice was that…
Legal Article
01/02/22
Independent Legal Advice (ILA) means impartial advice provided by an independent solicitor. The idea behind an ILA is to protect an individual from signing any document before understanding the risks of the transaction. An independent advisor will sign a certificate confirming that they have provided…
Legal Article
31/01/22
On 9 November 2021, the Environmental Bill 2021-22 received Royal Assent, which became the Environment Act 2021. The bill passed three years after its first proposal to deliver and administer environmental considerations in the wake of Brexit. The aim of the bill is to create a stricter legal framework…
