For the first time in more than 10 years the Bank of England has raised interest rates. The official bank rate has been lifted from 0.25% to 0.5%, the first increase since July 2007. Harshinder Hundal, Partner and Head of Commercial Property at award winning and leading regional Law firm Pictons Solicitors comments “The low…
With only five weeks to go before a hike in stamp duty for buy to let property purchases there has been a massive increase in mortgage lending, the highest level in nine years, for buyers who want to get in before the 3% rise. Harshinder Hundal, a property legal specialist at the award winning and…
Anyone can buy a property at an auction, whether you are a private buyer making a buy-to-let investment, newcomers to the property market who are purchasing their first home or if you are a professional investor. An auction not only gives you the opportunity to buy property at a competitive price that is below the…
If you are thinking about entering into a new lease of commercial premises – whether to expand your existing business or for a new venture, you will need to agree on the main terms of the lease. At first glance, these can appear simple – but there are a number of complications which you should…
It is reported in this week’s news that the number of High Street shops fell sharply last year after many more stores closed than opened. The Local Data Company, which based its analysis on the top 500 UK town centres, said a net total of 987 high street shops disappeared in 2014, almost three times…