According to the latest official figures, the number of retail to residential conversions fell by 17 per cent in the last year in England, despite Government backing.
Many landlords in the UK are struggling to keep up with the new legislative and regulatory reforms that have been introduced in the last year, according to a recent survey conducted by Market Financial Solutions (MFS).
Investment in commercial properties by local authorities increased again last year, according to official Government figures.
The Government has announced a new register for retail landlords in the UK.
On 1 June 2019 the Tenant Fees Act comes into effect in England. It’s important that Landlords know how the new rules will affect them.
A new professional statement comes into effect on 1 April that will prevent commercial property landlords from issuing unfair or unclear service charges to businesses.
A new report published by property group GVA in recent days has revealed that demand for UK commercial property among domestic investors has risen year-on-year.
In recent months, activity in the UK’s commercial property market has been boosted by the arrival of a number of leading tech companies to London and other key UK cities, commentators have said.
Demand for UK commercial property remains strong despite the political and other challenges the market appears to be facing in the months ahead.
In recent days, Network Rail has unveiled plans to downsize its substantial commercial property portfolio by ‘selling off’ as many as 5,200 commercial units.