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Property transferred to the new buyer – Conveyancing solutions

If Government alters that balance it could leave itself open to accusations of a raid on our pensions. The Consultation is likely to consider property’s important contribution to the UK economy and Liz Peace said: We will react positively to the consultative exercise, because it allows us to put the record straight that the UK is an excellent place in which to occupy, own and invest in property, and that there is a lack of support from occupiers and landlords for Government interference in their contractual process.

Independent research based on 4,000 leases4 shows that 85% of small leases (with rent under £10,000 p.a.) would be unaffected were the Government to turn the recommendation on rent reviews in the Lease Code into legislation tomorrow. Yet, at the other end of the industry, such a move could have a devastating impact on funding for regeneration and the source of much of that money – peoples’ pension funds. The decision to consult has been taken because a voluntary code adopted by the industry in April 2002 was under an interim review, based on research being conducted for the ODPM by Reading University.

Is being judged on just 46 interviews with surveyors/lawyers and without any input at this stage from occupiers, landlords or financiers of property. New Benchmarking Club to Drive Standards of Customer Service Forward in Property Industry A group of leading property owners. Service benchmarking is commonplace in other industries but undeveloped in the property industry. Other than on account of confounding Leasehold property, “restricted learning” does not need to assume a part in Enact Conveyancing Melbourne citation.

The Group, whose supporters include Land Securities, Prudential, The Crown Estate, Grosvenor, Slough Estates and Brixton, will work together to benchmark how far members have progressed in delivering high levels of service to property occupiers and the impact on the bottom line.

Howard Morgan, Managing Director, Kingsley Lipsey Morgan, whose consultancy is promoting this initiative and which will run the Group, says

This is an important initiative for the property industry, which illustrates that many of our best landlords are not content to rest on their laurels, but are keen to further enhance the service they provide.

Many organizations aspire to be a landlord of choice and our aim is to move this from a vague to a real concept. I believe that the establishment of an industry wide club will help us and the whole industry.

The formation of this benchmarking club goes a long way to showing just how serious the property industry is about listening to and responding to the needs of its customers and to illustrating the benefits that has on firms’ bottom lines. The British Property Federation and Kingsley Lipsey Morgan are to be congratulated in bringing this forward.

Property Conveyancing – Buying Property Auction

He also advises tenants, particularly those who have been in occupation for some time, to check whether they have break provisions in their leases and the terms under which they can be implemented. Tenants must act early to ensure possession can be given to the landlord and the property handed back in the appropriate condition, he added. Ryden International Property Consultants are delighted to announce the creation of Ryden Asset Management Limited (RAM), a new property portfolio asset management company.

The new company will procure and run a variety of property portfolios for clients, assist with the structure and financing of portfolio partnerships and joint ventures, and asset manage existing portfolios.Andrew was formerly Property Director at AXA Equity and Law Itivesti-nent Managers. At AXA Equity & Law, Andrew was responsible for all the property functions of three portfolios with over E950M of assets. Andrew’s fund management experience will be complemented by a team providing property investment, analyst and structured finance skills.

The new company will be located at 2-5 Old Bond Street in London’s West End and Andrew can be reached. It is a unique blending of a international commercial property practice with an experienced fund manager. Conveyancing lawyers or solicitors doing legal and truly conveyancing process for buyers or sellers who want to sell or purchase their properties. State officials have said the review was part of a normal periodic inspection. The first Network event is a seminar at Gateshead Civic Centre on 10 December entitled ‘Contaminated Land: Practical Solutions for Re-use’.

Our partnership is unanimously behind the project and anticipates that its success will underpin the Ryden’s qualities of innovation and professional practice that are so respected in the marketplace. Merivale Moore PLC, the property investor, has continued its acquisition programme by purchasing a high-quality industrial investment in London NW2 for £2.05 million in cash.The property is 10 Roman Road, Cricklewood and is situated off the Edgware Road just south of the M1 motorway. It comprises a 27,081 sq ft single storey warehouse built in 1988 on a site of 1.52 acres (0.62 hectares) benefiting from 45 car park spaces. The property is let to Ferraris Piston Services Limited (motor component distributors), a subsidiary of Finelist Group PLC, on a 20 year lease from 1992 at a rent of £199,500 (£7.37 per sq ft overall), subject to five yearly upwards only rent reviews.

Conveyancing solutions and property auction

The building’s size reflects Slough Estates’ desire to provide for the long term needs of occupiers of all sizes who can then benefit from our flexible and hands on management approach. The number of enquiries we have received to date gives us great confidence that we will be able to achieve a ground breaking letting in terms of both rental levels and lease length. 188 Bath Road forms part of Slough Estates plc’s ongoing £180 million development programme involving the development of some 2.4 million sq ft of B1, B2 and B8 accommodation.

However, many tenants attempting to trigger lease breaks have found that they may be forced to commit to a full term after all. Many landlords attach conditions to the break which some tenants find it impossible to fulfil. Conveyancing Company offers comprehensive property Conveyancing offers to make your process done in easy ways. For example, they may be required to give at least six months notice or in many cases a much longer period. This is often overlooked by the tenant, who may give notice too late and therefore misses the boat since the time limits for service are often very strict. Some leases also require the tenant to have fulfilled the covenants in the lease before they are freed from the property.

So, not only must the tenant be up-to-date with rent and service charges, but often they must have maintained the building in the necessary condition and undertake any repairs defined in the legal document. Mr Marlow recently advised a firm which wanted to exercise its break on a 30,000 sq ft office building.

However, if the lease was at its natural end, dilapidations of less than half this amount would be payable. In this case Lambert Smith Hampton negotiated successfully with the landlord, saving its client more than 50,000. But according to Mr Marlow tenants must ensure that leases are breakable at an appropriate time and within the timescale they envisaged.

For occupiers of larger properties this may mean making a decision two years or more in advance of the notice date to ensure that not only can they vacate the property by the appropriate date.