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Property Searches For Commercial Property Leases

Ben Tatters
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As a business expands or indeed starts up new commercial premises become a necessity, but there is a big difference between commercial and residential leases and as it’s one of the biggest overheads a business often has after wages it’s important...

Bringing Commercial Property Expertise to Oldham

Ben Tatters
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A new commercial property solicitor has joined the team at Pearson Solicitors and Financial Advisers - Ben Tatters who has 18 years’ experience is joining the well-established commercial team at the Oldham firm. He has a wealth of knowledge dealing...

Property Lawyers Boost Mayor's Appeal

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For every commercial business that is bought or sold within the OL postcode the Pearson commercial conveyancing team are donating £5 to help Oldham Mayor Cllr Javid Iqbal realise his charity target. After meeting with the Mayor recently the Pearson...

Developers: Changes to the Leasehold Market are Imminent. What Do You Need To Think About?

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In 2017, the Government consulted on the operation of the leasehold system in the UK. Reforms are now imminent. Developers should be aware that this issue is on Parliament’s action list: new legislation to ban leaseholds is coming “as soon as...

Landlords - are you prepared for the new EPC regime?

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The rules on Energy Performance Certificates (EPC) are about to change. Landlords only have until April 2018 to prepare for a tightening of the rules. Failure to do so could mean they will not be able to rent out their properties. What is an EPC? Whenever...

A New Land Transaction Tax For Wales (Instead Of Stamp Duty Land Tax)

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A new Land Transaction Tax (LTT) will replace Stamp Duty Land Tax (SDLT) in Wales from 1 April 2018. The changes will make the rate of tax on Welsh properties cheaper at the lower end of the market, but more expensive at the higher end. The changes are set...

New Countryside Small Grants Scheme for Agricultural Equipment

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The Government has set aside £60 million of grants for small businesses in the farming industry to help them improve productivity. The grants scheme enables farmers to bid for cash to help them buy new farm equipment. Farming Minister George...

Commercial Property VAT and Option to Tax

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Our Commercial Property Lawyers act for clients in a wide variety of business acquisitions and it is important that your VAT position has been considered before embarking on your new purchase. Whilst we are not tax advisers or accountants, we are able to...

10 New Year's Resolutions for Directors and Business Owners

Christopher Burke
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Most people are back at work after the Christmas break and many have returned with a clutch of new year’s resolutions. Popular choices include healthy eating, getting fitter or spending more time with your family. Or maybe you’ve focused on work...

Tips on Selling or Buying Commercial Property by Auction

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Those involved in the property industry know its cyclical nature only too well - and those with an interest in making a property investment are right to keep a keen eye on the real estate market.  One thing we've noticed...

Government Consultation to Stop Leaseholds Being a Property Trap

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There was a furore over the summer about developers making unfair charges on leasehold properties. The government is currently consulting on how to stop these practices. With the consultation due to end on 19 September, you only have days to give your views....

Top tips to Improve Your Business Over Summer

Christopher Burke
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Summer's here - and we have some top tips for you to consider if your business is quiet over the holiday period. If your business is quieter over the summer months, use the time to review your business procedures and do some housekeeping....

Further expansion of our property team

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The property market in the North is, largely, holding its own and enjoying a brighter outlook than most other regions in the UK - despite the impending Brexit and economic uncertainty. This has been reflected in our results this year: Pearson's property...

Zip wire success to raise funds for Oldham Mayor's fund

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Those of you who follow us on Twitter or read this blog will know that five of the Pearson team (Ian Wolstenhulme, Rosie Aldcroft, Marie Pauley and Jade Hegarty), set out to raise £1,000 by doing the Snowdon Zip Wire at Zip World in Bethesda on 14...

London database to name and shame criminal landlords

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The Mayor of London, Sadiq Khan, has announced a new partnership with London councils in an attempt to crackdown on rogue landlords and letting agents in London. Together with local boroughs, the Mayor intends to create a new online database on which...

Commercial Space on Offer in Oldham

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Our commercial team recently dealt with a property transaction for Linda Lewis Kitchens and helped then expand their offering by moving into amazing new premises. There is however some spare capacity at the units at Belgrave Industrial Estate, Honeywell...

The alternative route to becoming a lawyer

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 ... and why it helps to have a supportive employer! This week we profile Sarah Major, a key member of our residential property team who specialises in conveyancing. When the recession hit the UK in 2007 and 2008, I was working for a national house...

Pearson's on-going support for Action Oldham

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Our support for Action Oldham is on a bit of a roll at the moment. As I write, we are just a few pounds away from reaching our £1000 target in our #zipwire challenge. Karen Piontek, Ian Wolstenhulme, Jade Hegarty, Rosie Aldcroft and Marie Pauley are...

Solicitors and Staff Scale Snowdon for Charity

Ian Wolstenhulme
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Our support for Action Oldham is on a bit of a roll at the moment and about to hit its highest peak as we set off to Snowdon. Thanks to the generosity of clients and friends of the firm we have recently reached our £1000 target in our #zipwire...

Do your homework before signing up to a commercial lease

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Finding the perfect premises for your business, is both exciting and a relief. Your business plans are starting to take shape and whether you are expanding or reducing your overheads, it is good to know that your business will soon be trading from a better...

Landlords - don't withhold a deposit without good reason

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Be specific about why you are withholding a deposit from a departing tenant. When a tenant departs and leaves their accommodation in a mess, landlords are entitled to retain an appropriate part – or all – of the tenant's deposit to cover the...

Can you help us raise £1000 in 3 weeks for Action Oldham?

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In a moment of Twitter madness, I agreed to join Ian Wolstenhulme, Rosie Aldcroft and Jade Hegarty on the zipwire at Zip World on 14 May. And not just any zipwire – it’s only the fastest and second longest! I have to admit my heart sank a little...

Buy-to-let is still appealing

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... but don't forget the tax relief changes Judging by the popularity of our "buy-to-let" seminar for potential buy-to-let landlords in March, it is clear that landlords around Oldham and North Manchester still have a healthy interest in...

Business rates revaluation effective from 1 April

Keith Kennedy
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The next business rates revaluation will take effect from 1 April 2017. In the press release issued on 17 February 2017, the Government confirmed that: "The revaluation will make the system more accurate by ensuring business rates bills reflect the...

Tax relief changes for buy-to-let landlords

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From 6 April 2017, the government will start to restrict basic rate, income tax relief for landlords' finance costs on residential properties. Latest research by YouGov*, after surveying 925 mortgaged buy-to-let landlords in December and January,...

Recent House Price Index report brings good news for homeowners

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The Halifax recently released its House Price Index report for February 2017 and I’m pleased to say there’s good news for the housing market! Here are the highlights: 0.1% monthly increase in house prices Prices in the three months to...

What is an EPC? (a must read for landlords!)

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And why landlords should check their properties’ energy ratings as soon as possible ... Stricter rules about Energy Performance Certificates (EPC) are coming into force in April 2018: landlords should prepare accordingly or risk being banned from...

Tackling the housing crisis: starter homes and garden villages

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The government has launched new schemes aimed at tackling the current housing crisis. Read on for some highlights. Starter homes - good news for first-time buyers Earlier this month, the government announced funding for new housing on brownfield...

The Autumn Statement, November 2016 (commercial property perspective)

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On 23 November, Philip Hammond, the Chancellor of the Exchequer, gave his first Autumn Statement . It will also be his last: he announced that next year, the budget will take place in Autumn with only a statement issued in Spring. So what did he have to...

Commercial property update: fracking, flooding and interest rates

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There’s mixed news for the property market in our latest round-up of recent property news Interest rates proving to be good news for property purchasers despite the Brexit effect While the low value of the pound might encourage foreign investors to...

HS2 route announced

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The proposed High Speed rail link (HS2) has hit the headlines again after the government announced its preferred route on 15 November and started consulting on some of its plans. Yesterday's announcement relates to Phase 2b which proceeds from Crewe to...

INSIGHT: Landlord's Liability for Uneven Surface Outside Scope of Lease

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Landlords have a legal responsibility to keep the premises they let out in a safe condition to use. That responsibility is not unlimited, however, as a recent decision of the Supreme Court shows. The landlord concerned had sold a flat in a block of flats...

INSIGHT: Being savvy when buying a commercial property

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Are you thinking of buying a property to house your business? Read our checklist below to find out how to take a savvy approach to searching for and buying the best premises for your business needs. What to look for searching for suitable...

INSIGHT: Commercial Property Market Performing Well In North West

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A recent survey of commercial property has indicated a rise in activity in the first half of 2016 in comparison to last year, and whilst the North West did not perform well at the start of the year in Q2 it has outperformed other areas, making it the third...

Exam Success Brings More Experience to Commercial team

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Pearson’s Property Assistant, Alison Brown, has successfully completed year 2 of her exams in the Council for Licenced Conveyancing Course and hopes to soon be a fully qualified Licenced Conveyancer.  Already she has 10 years experience in the...

Shortlisted for the "Best Small Conveyancing Firm" of the year

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We can report good news for our conveyancing team this week:  they’ve been shortlisted for the " Best Small Conveyancing Firm " of the year in the LFS Conveyancing Awards . The team had to submit a lengthy...

Heading for a Brexit... a Summer of conjecture?

Keith Kennedy
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  This article comments on what is needed to effect the UK’s exit from the European Union – and how the political events of the last month affect that process. It's been over a month since the EU Referendum’s...

A checklist: what can businesses do to prepare for a Brexit?

Christopher Burke
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What can you do to prepare for a Brexit? Keep tuned in to what the government is doing to leave the EU – and what effect their decisions might have. Talk to your staff – particularly if they are non-UK residents. Theresa May...

Stabilised interest rates good news for the housing market

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Effect of a Brexit on the housing market Following the vote to leave the EU, there has been a pervasive air of “doom and gloom” in the news and talk about the housing market slowing down. There is no doubt that economic uncertainty caused...

INSIGHT: A Brexit it is then! What now?

Christopher Burke
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So there it is! The UK have voted to leave the EU. It’s the end of era – or will be once the government negotiates how the Brexit will actually work. We’ve set out below a few key points for businesses and some basic guidance on what to do...

Beware bogus emails claiming to be from your solicitor

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About to complete on a house purchase? Beware bogus emails claiming to be from your solicitor. There has been another incident of a house buyer being tricked out of her purchase money by a fraudster pretending to be her conveyancer. In a case we heard...

INSIGHT: Making sure everything's "quite right" on a property transaction

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As lawyers and conveyancers, we must ensure that all our “ducks are in a row” before we complete property transactions for our clients.  We aim to ensure buyers know what they’re buying and the seller gets their purchase money. We also...

INSIGHT: New head for our property team

Michael Pitt
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We are delighted to announce that Karen Piontek has agreed to head up our team of commercial property and residential lawyers. Based at our Hollinwood office, Karen is known for her pragmatism and excellent communication skills and has built up a...

New Lease, New Compliance Burden

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After 1 February 2016, landlords entering into residential leases, having new lodgers or allowing anyone to occupy a property they own for residential purposes are required to undertake checks to ensure the tenant and any other adults who will be living...

INSPIRE: Property prices in 2016: higher or lower?

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There are no end of financial reasons for the property market to be unpredictable at the moment, but recent figures from two leading statistical institutes make the situation during the start of 2016 even harder to fathom. The Office for National Statistics...

INSIGHT: Snapshot of budget changes for property developers and landlords

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Following the latest budget, we have set out a few of the key points for property developers. • There will be a cut to mortgage tax relief. The relief which landlords and property developers can claim on mortgage interest will be at the basic rate of...

Safeguarding your money from fraudsters during conveyancing

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An increasing number of people are being defrauded on the internet. Those involved in buying and selling houses are as much at risk of falling victim to this so-called “cybercrime” as anyone else. In fact, it appears that property...

INSIGHT: Developers: about to start a new project?

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How much do you know about the Wildlife and Countryside Act 1981 (the Act)? You might well ask: “what’s that got to do with me?” but if you are a developer intending to start work on an overgrown site, you need to pause for a minute and...

INSIGHT: Private sector landlords must now install smoke and carbon monoxide alarms

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Landlords in the private rented sector should note that regulations have recently been introduced requiring them to provide smoke and carbon monoxide alarms. The Smoke and Carbon Monoxide Alarm (England) Regulations (SI 2015/1693) 2015 came into force on 1...

Landlords: new hoops to jump through if you want to seek possession from assured shorthold tenants

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New regulations have been introduced that require English landlords to provide certain documents and information to those tenants granted assured shorthold tenancies (AST) after 1 October 2015. Failure to do so could mean that the landlord will not be able...

Office to resi development rights to become permanent

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New measures announced recently by the Government will make it easier to convert underused offices into new homes. Brandon Lewis MP explained that the measures ‘ will mean we can tap into the potential of underused buildings to offer new homes for...

INSIGHT: Beware of Bogus Solicitor Emails

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Businesses and individuals are being warned to be extra vigilant of bogus emails from fraudsters posing as solicitors. Karen Piontek, associate lawyer in our commercial property team, offers some practical simple steps to take. According to the Solicitors...

INSIGHT: Commercial Property Market Gathers Pace

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Karen Piontek, associate lawyer in the property team, shares her views following recent news that the number of UK commercial property transactions has reached its highest level since the credit crunch. It is encouraging to hear that the number of...

INSIGHT: Rowham Set For Steely Future After Property Purchase

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A Manchester-based steel supplier has secured its long-term future after purchasing a property at Trafford Park, thanks to the help of Pearson Solicitors. Established in 1979, Rowham Steel Products Ltd supplies mild steel, galvanised steel and zinc-coated...

The Queen's Speech and What it Means for Businesses

Michael Pitt
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This week, Her Majesty delivered the first Conservative Queen’s Speech in 19 years, with the Prime Minister calling it a ‘One Nation Queen’s Speech from a One Nation Government’. While the programme of new legislation was largely...

INSIGHT: What Impact Will the New Government Have on SMEs?

Michael Pitt
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With election promises still ringing in our ears, SMEs would be wise to take a closer look at the manifesto commitments laid out by the new Government in recent weeks. Michael Pitt, partner and head of commercial property at Pearson, explains. Under the...

INSIGHT: The Impact of Pre-Election Pledges On The Property Market

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With each party’s pre-election manifesto homing in on the property market, the resulting uncertainty amongst those looking to buy, sell or invest in property, not to mention the lack of confidence caused by a possible change of government, will...

INSIGHT: Don't (Land) Bank on a Positive Return

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Tangible assets like land are often seen as a safe investment and a prime piece of development land can offer excellent returns whether you develop it yourself or sell it on. However, it’s not always easy to distinguish a genuine land banking scheme...

INSIGHT: Budget Brings Business Rates Relief for Small Businesses

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Chancellor George Osborne’s budget speech, his last before the election in May, offered some more positive news for small businesses as a review of the business rates system was formally announced. Karen Piontek, associate lawyer in Pearson’s...

Simplifying SIPP Commercial Property Purchases

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With the promise of compelling yields, in some cases exceeding 10 per cent, investing in commercial property via a Self Invested Personal Pension (SIPP) is proving popular for small business owners as a tax efficient way to hold or purchase commercial...

INSIGHT: Landlords And Local Communities Look To Meanwhile Use Plans

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A working group formed by deputy prime minister Nick Clegg will meet this month to discuss plans that will bring empty buildings to life across the North. Clegg recently announced that he would be forming the group with organisations such as Legal &...

INSIGHT: Are You A Business Partner And Are You Sure You'll Be Able To Renew Your Lease?

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Some SMEs make the mistake of assuming that their right to remain in their business premises at the end of a lease is protected by the Landlord and Tenant Act 1954 (LTA 1954).  However, a recent Court of Appeal decision provides clear direction on this...

INSIGHT: TOP TIPS for buying or leasing a commercial property

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Karen Piontek takes clients through her top tips •  MAKE SURE THAT YOU GET A VALUATION It may surprise you to note that people often agree upon a price without having a surveyor tell them what the property is actually worth which could...

INSIGHT: Five common errors with commercial leases

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In a recent seminar held jointly between Pearson Solicitors and Chartered Surveyors, Breakey & Nuttall, lawyer Karen Piontek spoke on leases and gave her top tips to the assembled audience of commercial property owners and landlords   1. RENT...

INSIGHT: Landlords - this seminar is a MUST for you

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Do you have property you rent out, are you a buy to lent landlord or do you manage a portfolio of commercial, industrial or retail properties?  If the answer to any of these is yes then the next Pearson Seminar is a must for you. By joining forces with...

INSIGHT: Boundary uncertainty can lead to costly dispute

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Disputes can arise where the line of a boundary is uncertain, case law around the determination of boundaries is extensive and whether it concerns a small residential property or a large commercial estate parties can become involved in extensive costly...

Private Landlords should shape up or face penalties, says watchdog

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Responsible landlords should be given tax exemptions and encouraged to improve their property portfolios, whilst at the same time bad landlords should be driven from the marketplace, said a housing watchdog recently.  With the number of privately...

Residential landlords to check immigration status of tenants

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From Autumn 2014 private landlords will be required to check the eligibility of their tenants to reside in the UK. Landlords who rent to illegal immigrants may be liable for a civil penalty of up to £3,000. From this autumn this requirement will be...

INSIGHT: Pearson Solicitors Commercial team boosted by new staff member

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PEARSON Solicitors are expanding their Commercial Property team and are pleased to welcome Karen Piontek to the firm. Karen has worked in the legal profession since 1998 and joins us from a successful Lancashire practice where she led the residential...

INSIGHT: Interactive Map shows potential land for sale in North West

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- Interesting for developers and investors An interactive map showing over 4,000 pieces of property and land in the North West has been launched by the Government and if it cannot justify its use then it will be sold off. Under the “Right to...