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Articles from April 2020 in Industry Views

<strong>Raising Funds via Sale and Leaseback (the alternative to a finance package)</strong>}

Raising Funds via Sale and Leaseback (the alternative to a finance package)

30th April 2020

Owner occupiers have one significant advantage over leaseholders when it comes to the requirement to raise significant sums of cash relatively quickly – the property they occupy.

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<strong>As a property lender, can I appoint a Fixed Charge / LPA Receiver during COVID-19 lockdown to recover debt?</strong>}

As a property lender, can I appoint a Fixed Charge / LPA Receiver during COVID-19 lockdown to recover debt?

28th April 2020

Many businesses and their people are being adversely affected financially by the COVID-19 pandemic, through no fault of their own. As a result, there is considerable sensitivity around lenders taking any formal action against borrowers during these unique circumstances.

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<strong>What will your post-pandemic property portfolio look like?</strong>}

What will your post-pandemic property portfolio look like?

28th April 2020

“Now that everyone is working from home, can I close all of my offices at the next lease break?” This is a question we have been asked in various forms and with varying levels of seriousness in recent weeks in conversation with our occupier clients. And the answer isn’t a straight forward one.

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<strong>Can I still get a property valuation despite COVID-19?</strong>}

Can I still get a property valuation despite COVID-19?

28th April 2020

A key requirement of a property valuation is that you have to inspect the building in question. Since the implementation of stringent measures to combat the spread of COVID-19, surveying and valuing properties in person has become more challenging, but not impossible. 

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<strong>Can I obtain a Building Survey despite COVID-19 related travel restrictions?</strong>}

Can I obtain a Building Survey despite COVID-19 related travel restrictions?

21st April 2020

Many property transactions are being driven by lease events such as lease ends or break dates, which will need to proceed despite the challenges that COVID-19 presents.

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<strong>COVID-19 and the office evolution: Five things for landlords and tenants to watch</strong>}

COVID-19 and the office evolution: Five things for landlords and tenants to watch

15th April 2020

Both landlords and tenants are starting to plan how to put their best foot forward to ensure that they emerge from the current COVID-19 pandemic in as good shape as is possible.

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<strong>Leesman & RICS-IFMA launch joint COVID-19 response group</strong>}

Leesman & RICS-IFMA launch joint COVID-19 response group

14th April 2020

The Royal Institution of Chartered Surveyors (RICS) and the International Facility Management Association (IFMA) collaborate on emergency initiative with Leesman about the threat posed to the real estate and facilities management industries by COVID-19.

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<strong>Government guidance: Financial support for businesses during coronavirus (COVID-19)</strong>}

Government guidance: Financial support for businesses during coronavirus (COVID-19)

14th April 2020

A full range of business support measures have been made available to UK businesses.

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<strong>Government guidance: Deferral of VAT payments due to coronavirus (COVID-19)</strong>}

Government guidance: Deferral of VAT payments due to coronavirus (COVID-19)

14th April 2020

Temporary changes to the VAT payments due between 20 March 2020 and 30 June 2020 to help businesses manage cash flow.

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<strong>Government guidance: Claim for your employees' wages through the Coronavirus Job Retention Scheme</strong>}

Government guidance: Claim for your employees' wages through the Coronavirus Job Retention Scheme

14th April 2020

If you cannot maintain your current workforce because your operations have been severely affected by coronavirus (COVID-19), you can furlough employees and apply for a grant that covers 80% of their usual monthly wage costs. 

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