Workers’ Rights – The Good Work Plan

Workers’ Rights – The Good Work Plan

The Independent Taylor Review which was published last year, sought to review modern employment practices, with the overriding ambition that “all work in the UK economy should be fair and decent with realistic scope for development and fulfilment”. In response to that review, the government on 7th February 2018, introduced the Good Work Plan. This[…]

Overriding interests and how they impact on a purchaser of a residential property

Overriding interests and how they impact on a purchaser of a residential property

The Land Registry created ‘Overriding Interests’ by way of the Land Registry Act 1925. The reason for this creation was to allow for unregistered rights and interests affecting a property to be accounted for. These interests can be in favour of a seller or third party.  Therefore, this can be problematic on the sale as[…]

Key considerations when acquiring commercial property

Key considerations when acquiring commercial property

Often, a business cannot successfully operate without a premises to give that business a physical presence [generally as an office or retail unit]. This article highlights key considerations when acquiring commercial property and matters to be borne in mind by any prospective purchaser.   Freehold/Leasehold   It should first be considered whether a Freehold or[…]

Do we need a Joint Venture Agreement?

Do we need a Joint Venture Agreement?

When two or more business entities arrange to work together on a commercial project for a specific period of time, they will often be advised to enter into a Joint Venture Agreement. This contractual document will govern the relationship between the businesses during the project. Entering into a Joint Venture can be advantageous to businesses[…]

Beware of increased Council Tax when buying empty residential property

Beware of increased Council Tax when buying empty residential property

Councils now have power to charge and additional premium rate for empty residential property which has not been occupied for some time.   The premium in England is an extra 50% and applies to property that has been empty for two years or more. In Wales the premium can be an additional 100%.   This[…]

What is a Shareholders’ Agreement and why do we need one?

What is a Shareholders’ Agreement and why do we need one?

When setting up a limited company, you may be advised to enter into a Shareholders’ Agreement. This is a contractual document that governs the relationship between the shareholders who are parties to it. There is no legal requirement to have a Shareholders’ Agreement although where there is more than one shareholder within a company, this[…]