What should you consider when offering a loan to a family member?

The Covid-19 pandemic has created a lot of uncertainty in the economy and is leading to disruption in businesses and financial markets throughout the world. In these challenging times, when people are experiencing unprecedented financial distress, it is not unusual to seek financial assistance from family, to address the emergency. It is important to make an informed decision and to consider matters carefully when offering a private loan. From the borrower’s perspective, taking a private loan from family usually offers a better rate and lower cost option than borrowing from…

Covid-19: Funding support flowchart

Website content note: This is not legal advice; it is intended to provide information of general interest about current legal and funding issues. If you would like any more information in relation to the flowchart then please feel free to contact either Tony Chauhan ( profile ) on 07341-569117 or email at: tony.chauhan@bowlinglaw.co.uk or contact Mohammed Akram ( profile) on 07908-170337 or email: mohammed.akram@bowlinglaw.co.uk

Coronavirus, Commercial Landlords and Tenants

There is essentially zero certainty as to what is currently going on in the midst of the Coronavirus pandemic. One of the most turbulent and ambiguous areas of law at present is how will Commercial Landlords and Tenants be affected by the situation and the interim “relief” being introduced by the Government. The Government published the “Extra protection for businesses with ban on evictions for commercial Tenants who miss rent payments” on the 23rd of March 2020. In short, Commercial Tenants who are unable to pay rent because of Coronavirus…

Tree Hugging: What is the law surrounding Tree Preservation Orders

Barely a day goes by without a local newspaper recording the infringement of a Tree Preservation Order (TPO). These are often accompanied by protestations from the accused claiming they had no idea that a TPO was in place and, more frequently, detailing the fines imposed against them. TPOs were introduced in 1947, giving local planning authorities the power to protect and preserve individual trees and woodlands. However, given the amount of prosecutions brought by local councils, it appears that this piece of legislation may not be fully understood by the…

Converting commercial property in residential housing

Commercial property re-development (where previously commercial buildings are transformed into residential units) is a current growth area. For example, a run down old factory site could be purchased for say, £250,000 and (subject to the usual planning obligations) converted into 10 residential units, with an estimated value at £150,000 each. This could provide a potential profit for the developer or investor willing to invest in converting the building. With the government encouraging commercial to residential conversions, and with a good supply of old offices, shops and industrial properties up for…

2018 EPC regulations: Notes for Landlords

We all want to be greener, more energy efficient, and have warm, comfortable homes that don’t leak heat or let in the cold. If you’re a landlord, though, you now have a responsibility to ensure your rental properties are energy efficient. After much to-ing and fro-ing, the 2018 EPC regulation amendments have finally landed, with the changes finalised by the Dept. for Energy & Climate Change. In a nutshell, it means it will be unlawful to let or lease a property (both residential and commercial) that has a poor EPC…

When is Vacant Possession, vacant possession?

Two recent cases have highlighted the need to be (as ever) very careful when exercising a break clause. A break clause may only be exercised if any conditions attached to it have been satisfied. A break clause will often contain a condition that the tenant must give vacant possession. In the cases of (1) Riverside Park Limited –v- NHS Property Services Limited [2016] and (2) Secretary of State for Communities and Local Government –v- South Essex College of Further and Higher Education [2016] the two tenants had left partitions in…

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