Commercial Landlords: Understanding Your Responsibilities
As a commercial landlord, it can often feel like you're navigating a maze of obligations and responsibilities.
Directors should make a diary date for filing deadlines
A £165m reminder to directors on the importance of getting accounts filed on time has been flagged in the latest report from Companies House, the body responsible for the UK's register of limited companies. The statistics from Companies House show that 98.5% of accounts were filed on time, but the 1.5% that missed their deadline resulted in 323,643 penalties being levied with a total value of £164.7m. The average penalty was £509 but almost £80m was raised by 80,000 ‘double penalties’, charged when companies file their accounts late for two…
New transparency rules to keep companies squeaky clean
Company directors, people with significant control of a company, or anyone who files on behalf of a company, must ensure they comply with new transparency rules from March 2024. Greater scrutiny of information lies at the heart of the new legislation, which is designed to plug potential loopholes that may have been exploited for the purposes of economic crime. It strengthens the powers of law enforcement agencies, makes it easier to prosecute corporates for certain financial crimes, and introduces a new offence of ‘failure to prevent fraud’ for larger organisations.…
A landlord’s guide to dealing with commercial tenants
This guide aims to provide an overview to landlords of the key aspects involved in managing commercial tenants.
Renting a commercial property: tenant responsibilities
Renting a commercial property? Legal advice is crucial for all tenants looking to navigate complex commercial leasing terms. Read more.
Navigating energy rates for commercial properties
Energy rates and regulations can be overwhelming for commercial property owners. If you are a commercial landlord, find out how you can navigate energy pricing and optimise usage in order to get the most for your money.
Commercial landlord must pay back rent as proceeds of crime
Landlords could potentially be ordered to repay rental income that is classified as proceeds of crime if tenants have engaged in unlawful activities.
Energy Performance Certificates for commercial properties
Energy Performance Certificates are essential for commercial properties. All landlords should ensure their commercial properties have an EPC rating of at least an E or they will face penalties.
Commercial property update
The UK property industry is undergoing significant changes with the introduction of the Building Safety Act 2022, Energy Performance Certificate updates and a Bill proposing high street rental auctions.
Register of Overseas Entities that own UK property
The Register of Overseas Entities is designed to increase transparency of ownership of UK land by overseas entities.