The Government has outlined plans for a code of practice to support the high street during the COVID-19 pandemic.
Like many other sectors, the commercial property industry has been significantly affected by the coronavirus pandemic and the subsequent Government lockdown and economic slump. The rules around commercial leases have also been changed temporarily, to help businesses that are struggling
Some experts in the retail sector are urging the Government to introduce a ‘rent relief’ scheme to help businesses cope with the impact of COVID-19.
The Government has introduced new legislation that has temporarily banned property owners from taking legal action against tenants.
The growth ambitions of small and medium enterprises (SMEs) throughout the U.K. are left vulnerable, due to their worries surrounding the shortage of ‘suitable’ property. In addition to the cost and process of moving;
According to the latest figures, the demand for office space in the UK has remained high, with almost half of office space currently under construction already being let.
Rental values in the UK prime commercial property market rose in the third quarter of 2019.
Bank lending against commercial property has grown in the first six months of 2019, rising to £23.3 billion.
Surplus brownfield land could provide opportunities for vital conveyancing work in the property industry.
Investment in UK industrial commercial property has increased, with the continuing rise in demand for online shopping driving the demand, according to the Royal Institution of Chartered Surveyors.