10

Feb

Written by Helen Robinson

Flooding at commercial property

Is your business prepared for the risks of flooding?

In recent years, the North West has seen numerous examples of the devastating impact flooding can have on businesses and commercial property. This has led to the Know Your Flood Risk campaign launching a guide to flood resilience aimed specifically at businesses. The guide estimates that over 300,000 commercial properties in the UK are at…

05

Jun

Written by Richard Farnworth

Commercial property lending has hit a 6 year high

Commercial property lending increases by 50% to hit 6 year high

According to recent research, commercial property lending rose by more than 50% in 2014. With a number of non-traditional lenders entering the commercial property market, the value of commercial property loans increased dramatically to £45.2billion by the end 2014. A study by De Montfort University indicates that commercial property lending is now at a six year…

01

May

Written by Richard Farnworth

Rise in commercial property demand reaches the North West

Rise in commercial property demand reaches the North West

The North West has seen a significant rise in demand for commercial property, with demand across the UK standing at its highest since 1998. The recent figures were provided by the latest Commercial Market Survey from the Royal Institution of Chartered Surveyors (RICS). A considerable upturn in the demand for office space The RICS says…

22

Apr

Written by Richard Farnworth

£2.1 billion of capital allowances tax relief reported unclaimed ' make sure you don't miss out

£2.1 billion of capital allowances tax relief reported unclaimed ‘ make sure you don’t miss out

Recent reports have suggested that a ‘lack of awarenessâ? has led to around £2.1 billion in commercial property tax reliefs going unclaimed. Since the implementation of new legislation in 2014, it appears that a significant amount of capital allowances tax relief has not been claimed. HMRC property statistics show that 114,560 non-residential property transactions took…