The Effect on Valuations of Freehold Assets Subject to Long Residential Leases Qualifying leaseholders of residential properties have a statutory right to acquire the freehold or a 90-year lease extension from the freeholder (“enfranchisement”). The price to be paid by the leaseholder is currently determined by...
We are proud and excited to announce that we have moved offices and are now located in 16 Berkeley Street, London, W1J....
It is a general principle of English law that costs should follow the event, meaning that the party that wins the dispute should have their costs paid by the other side. When is it reasonable for an Arbitrator to depart from that principle by reducing...
The pandemic will disrupt the real-estate market for years to come. This could change the buyer profile for some assets and affect diminution in dilapidations - but not always in expected ways. The immediate disruption from the COVID-19 is now, we hope, coming to an...
Benchmarking Rental Growth Over the recent past, the industrial sector has seen very strong rental growth. A combination of increased demand (fuelled in part by a booming logistics sector, relying on the increase in e-commerce), and reduced supply (exacerbated by industrial land being repurposed for alternative...
Even in the wake of the Covid-19 pandemic the concept of “no market” has little meaning for property in the UK. You can always find someone to take a property off your hands, even if you have to pay them; which occasionally happens, usually in...
Achieving 20 years of Professional Service is no mean feat, reflecting ProMission's expertise and technical competence, and quite frankly, the hard work from the whole team, in the fields of Landlord and Tenant, Valuation, Asset Management, Building Consultancy and Project Services. We are all experiencing enormous...
Promission is delighted to welcome Chartered Surveyor, Sarah Bradshaw to its expanding team. Sarah is an experienced landlord and tenant surveyor, with over 10 years of experience. ...
Dear Client, ProMission is actively monitoring the developments related to the Coronavirus disease 2019 (COVID-19) and we would like to reassure our Clients on the actions we are taking to provide continuity of our services at this time: All staff members are working from home whenever possible....
The new all-weather hockey pitch was officially opened by Alex Danson, GB 2012 bronze medalist and Farnborough Hill former pupil on October 1st. Alex is pictured above with the Headmistress, Mrs Sarah Buckle. ProMission obtained planning permission for the new pitch, with floodlighting, on behalf of the...