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Buying a property at auction: what you need to know

Buying a property at auction is exciting, exhilarating, and just a little bit scary. There’s an opportunity to pick up a real bargain (as long as someone doesn’t start bidding against you), it’s an instant purchase, and once you’ve bought your property it’s yours to do with as you wish (subject to any restrictions imposed…

Advice for landlords on new EPC Minimum Energy Efficiency Standards

The Energy Efficiency (Private Rented Property) (England and Wales) Regulations 2015 were made on the 26th March 2015. They introduced a change in the law whereby from the 1st April 2018, it will be unlawful to privately let residential and commercial properties with an EPC rating of ‘F’ or ‘G’, unless one of the exemptions detailed below applies.

It is important to note that the Regulations will not apply to properties that are not required to have an EPC or where a property is let for a period of less than six months or for a term of more than 99 years.

Flat lease extension under the Leasehold Reform Housing and Urban Development Act 1993

This is the right to extend your residential flat lease by 90 years on top of the unexpired term of your existing Lease. The new Lease will be at a peppercorn rent (e.g. no ground rent is payable) and will generally be on the same terms as the existing lease.

To qualify for this right, you must have been the registered owner of the flat at the Land Registry for at least two years and the original term of your lease must be in excess of 21 years.

There are a number of exclusions that will prevent you from exercising this right such as your Landlord being a charitable housing trust. You should therefore contact us to assess your own individual eligibility.

Property fraudsters – who is to blame?

It is commonplace for a legal professional to request proof of identification from their client at the beginning of any legal transaction. For a conveyancer, verifying their client’s identity is a particularly heavy burden to bear. Not only does a conveyancer owe a duty of care to their client, but also to their client’s lender…

Minimum energy changes on the horizon for landlords

As a Landlord of either a Commercial or Residential Property, from 1st April 2018, any properties rented in the private sector must have a minimum energy performance rating of E or above on their Energy Performance Certificate (EPC) under the Minimum Energy Efficiency Standards Regime (MEES).

Linder Myers advises on Blackpool Pier acquisition

Linder Myers Solicitors has acted for Peter Sedgwick and his family on the Blackpool Pier acquisition which was on the market for a total consideration of £8.1 million.

All three of the resort’s iconic piers are now owned by Peter Sedgwick and his family following their acquisition of the town’s North Pier in 2011.

The team at Linder Myers Solicitors was led by partner and joint head of commercial property, David Stratton.

Linder Myers welcomes a number of new specialists to its Shrewsbury team

Linder Myers has started 2015 on a high with a number of new recruits in its Shrewsbury office in its commercial property, commercial litigation, residential conveyancing and trust & estates teams, boosting the firm’s local offering.

Following the recent announcement of the appointment of commercial property expert Diana Barlow, Linder Myers has also recently added four new solicitors and a paralegal to its team.

Linder Myers completes on two Winckley Square transactions

Linder Myers Solicitors has recently completed on the sale of two buildings in historic Winckley Square as the local commercial property market shows positive signs of an upturn.

Sold for an undisclosed amount, Lytham based P&S Consulting Engineers Ltd have purchased the 2000 sq ft Georgian property at 31 Winckley Square and Preston based Hazelwells Estate Agents have completed on the adjacent 2800 sq ft property at number 32.

Thomas Sabo expands in Manchester with the help of Linder Myers

The International jeweller, Thomas Sabo, increases its North West presence with a new flagship store at the Trafford Centre. THOMAS SABO, a jeweller that specialises in high-quality sterling silver, has chosen to increase its North West presence by opening a new flagship store at the Trafford Centre and launching a concession in Selfridges in the…

Cammell Laird shipyard under new ownership

The former Cammell Laird Shipyard at Birkenhead has been bought by Stanton Land and Marine for an undisclosed sum from BAE SYSTEMS. Stanton Land and Marine intend to re-generate the 60 acre site and hope to create between 2,500 and 3,000 jobs. Linder Myers Solicitors represented Stanton Land and Marine. BAE SYSTEMS were represented by…

Ray Fisher Construction builds for future

Ray Fisher Construction Ltd have successfully acquired D & S Collinge with the help of Linder Myers and Hacker Young Chartered Accountants. D & S Collinge were represented by Keoghs Solicitors. The company was bought for an undisclosed sum and the expected combined annual turnover is expected to be in the region of 6 million…