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leasehold, Leasehold Conveyancing Quote, Uncategorized    No Comments



When we act on the sale of a leasehold property one of issue we often come up against a is the management pack. With a leasehold property the owner of the property owns the building but not the land and this is retained by the landlord otherwise known as the freeholder. The freeholder will have control over the common areas such as landings stairs gardens etc, these are generally managed be a management company who then charge the flat owners a charge known as a service charge. . When the property is being sold the seller will be requested by the buyer to provide a management pack and this will detail the service charge for the property, what services are provided, what anticipated service charges are for the future etc.

The problem we have is that the management company can charge varying sums for such packs and quite often the seller has not allowed for this is the sale fees.  We are not able to tell the seller at the outset what the cost of the management pack will be until the management company have informed us and most management companies charge different amounts.  the other issue with the management pack is that it can take time to come through.

At Fidler and pepper we have a dedicated team that deal with leasehold property and will try and obtain the management oack for you right at the outset to avoid delays.

If you are planning to sell a leasehold property then please contact Maddie Sault our specialist leasehold fee eraner and she would be more than happy to provide you with a fixed fee quote for the work.




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Commercial, commercial property, Lease, Uncategorized    No Comments

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If you own a commercial property or are thinking of investing in a commercial property with a view to letting the property out you should consider investing by way of a SIPP or a SSAS.


A SIPP stands for Self Invested Personal pension and a SSAS is small self administered scheme.


My clients who have invested through such pension schemes already either own the property and let it to their company or are buying it with a view to letting it to their company. What happens then is that the rent from their company is invested into their pension scheme.


The benefits of investing through a SIPP or SSAS include:-


– contributions into the scheme receive tax relief

– the rent received by the pension scheme is not subject to income tax

– the property when sold has not capital gains tax liability

– in most circumstances there will be no Inheritance tax liability on death

– the ownership of the property prevents the pension being an asset that could be claimed in bankruptcy


If you are thinking of investing in a commercial property by way of a SIPP or a SSAS I would be happy to handle the legal part of the transaction for you at a fixed fee price. please feel free to call me on 01623 663244

Christie Limb






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business    No Comments

Terms and Conditions- T’s and C’s.  Many of you will have some form of them in place for your business.  Most of you will probably view them as a load of legal mumbo jumbo that nobody pays attention to.  That is note the case at all-  terms and conditions if used effectively  are vital to your business.



buying a business

Improve efficiency

Terms and conditions can help to improve the efficiency of your business.  They should clearly set out terms for day to day business such as payment and delivery.

Looking at payment terms, what is included in the price?  When is payment for the goods or services you are provided to be made?  It needs to be crystal clear in your terms and conditions what your payment terms are.  If terms are not clear then you could have problems with getting paid which will have a negative impact on your businesses cash flow.

Your terms and conditions could include an early payment discount- for example a 5% discount if they pay within 10 days rather than 30.  It gives your customers an incentive to pay and it gets money into the business improving your cash flow, without you having to waste time and resources chasing payment


As with payment terms, delivery terms need to be clear to avoid situations which could effect customer relations and cost your business money.

If your contract with a customer does not state a specific delivery date, then the law says that the goods should be delivered within a reasonable time.  This should not be an issue on the majority of occasions.

However, issues may arise if your agreement with the customer specifies a date for delivery.  Depending upon what your terms and conditions say you may have to honour specific delivery dates or risk the contract being ended or being sued.

One size does not fit all!

What your terms and conditions say can have a significant impact on everyday business.  If they are clear and do what you want them to do then they can improve your businesses efficiency by improving vital areas such as cash flow.  They can also act as a shield  and protect your business from action such as being sued.

In order for terms and conditions to work in this way they need to reflect the way that your business runs and be tailored to your businesses specific needs.  There are many standard terms and conditions available on the internet for download, but these will not reflect the specific requirements and ways of your business.  As a result, they will not perform as you need them to.

To fully protect your business, your terms and conditions need to cover a wide variety of areas- mainly surrounding what happens when things go wrong.  The terms must also be carefully displayed as there are specific legal rules about bringing them to a customers attention.

For legal advice about terms and conditions contact Luke Rees on 01623 663246 or by email lrees@fidler.co.uk.  We offer fixed fee legal services for businesses- take a look at our Business Fixed Fee Menu for more details.

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