UK Commercial Development Continues to Rebound -15 Nov 2009
According to data released by agents, Savills, for the month of October the UK has seen a third consecutive monthly increase in UK commercial development. Around 26 per cent of respondents noted an expansion over the month, compared to less than 12 per cent that signalled a fall. At +14.3 per cent in October, up from +11.6 per cent in September, the resultant net balance, the Total Commercial Development Activity Index, was the highest for 27 months. Private sector development, particularly offices and retail, continued to lead the rebound in October.
Bury MP to Quiz Ministers on Empty Rates -01 Jul 2009
According to the Manchester Evening News, Bury North MP, David Chaytor is to quiz ministers on the Empty Rates Tax which is seen by many landlords of commercial property as an added burden in difficult times. He said: "It is accepted now by the opposition and many government backbenchers that this is a disruptive tax, causing a stagnation of the commercial property market, which will lead to even greater problems for the economy in future years".
RRR is now on Twitter! -01 Jul 2009
So the experiment is well and truly under way. Take a law firm with over 100 years of history and blast it into the 21st Century. Yes, we are on Twitter. Follow us and be a part of the present and future of Read Roper and Read. We will give you the inside line on what we are up to and you can interact within this wonderfully irreverant and dynamic forum. Visit www.twitter.com and search for Read Roper and Read.
Corporate Charity Launched -05 Jul 2009
We are pleased to announce our association with the leading breast cancer prevention charity, Genesis. As a firm we will be looking for opportunities to assist this tremendous cause. If you would like to help, please click here.
Court Decision Creates Compensation Claims for Buy to Let Landlords -12 Jul 2009
A High Court decision involving London Estate Agents, Foxtons, has opened up the possiblity for landlords of buy to let properties to claim compensation for overly-inflated fees charged by agents. Foxtons charged customers 11 per cent commission when a tenant continued to occupy the property for longer than the initial term of the lease, and an additional 2.5 per cent commission if a tenant agreed to buy the property from the owner. The OFT contended that these practices, among others, were unfair and the High Court agreed. A key aspect of the case was the fact that the payment terms were not clearly disclosed. Claims going back over 14 years will be accepted by the courts and it is hoped that the decision will lead to greater transparency in the letting and management terms provided by property agents.
RRR Sponsors Local Cricket Fun Day -17 Jul 2009
Read Roper and Read sponsored the NJCL\'s inaugural cricket fun day on the 12th July at St Paul\'s playing fields in North Manchester. Senior and Junior sixes tournament for local teams were combined with fun activities for the kids - and some of the adults as well. Associate, Avi Barr, who organised the sponsorship said, "Being part of events such as this one fits perfectly with the ethos of our firm to be involved with grass roots sport and give something back to the local community."
Bronze for RRR -09 Sep 2009
Andrew Fairlie led the RRR golf foursome to a very creditable third place in the annual Genesis Appeal golf day held at Davyhulme Park Golf Club on the 8th September. The day was a tremendous sucess for Genesis, our corporate charity, with over 18 teams turning out for golf and dinner. The next Genesis event is a lunch at the Lowry Hotel on the 15 October.
The firm is not authorised under the Financial Services and Markets Act 2000 but we are able in certain circumstances to offer a limited range of investment services because we are members of the Law Society and regulated by it. We can provide these investment services if they are incidental to the professional services that we have been engaged to provide.
Read Roper and Read Solicitors is regulated by the Solicitors Regulation Authority and the professional rules which are applicable to us can be accessed here.