Landlord With Empty Premises? FAQ
Hammond Associates work with a number of Commercial Property Professionals including Property Lawyers, Surveyors and Rating Surveyors.
If you have any questions regarding business rates liability in empty commercial premises or seek advice on the many so called Business Rates Mitigation schemes then send your enquiry to email@example.com and it will be directed to the relevant professional.
Frequently Asked Questions:
How can I reduce my business rates liability? – Hammond Associates offer a tried and tested business rate saving scheme using Charities in occupation of commercial property.
Is the Hammond scheme legal? – 100% legal and ethical.
How long has the Charity been in existence? – The main charities with whom we work have been in existence for at least 20 years.
What does it cost us? – There are no upfront charges. All fees are taken from savings generated. On average you will save between 56% – 70% on your business rates.
Does the Charity pay the business rates? – Yes, they pay the rates at the reduced rate after the relevant reliefs have been applied.
Does the Charity pay rent? – They are contractually obliged to pay a peppercorn rent if requested.
Do the Charities occupy the premises? – Yes.
Do the Charities use it for 43 days? – No, the charity will occupy it until the property is sold or let, we do not exploit the 43-day rule.
Do the Charities obtain Empty Property Rate Relief? – When they are entitled to empty rate relief we make the application, it is discretionary.
Do they always get Charitable Relief/ Mandatory Rates Relief? – We have a 99.9% success rate.
Will I be liable if the Charity doesn’t get relief? – Yes, all rates will be payable in the unlikely event that they don’t obtain relief.
How quickly can the Charity leave if we let or sell the property? – We have a 30-day notice period but can be flexible.
What kind of property do you use? – Any empty commercial property in a habitable state.
Can we still market the property? – Yes.
Can we have access to carry out viewings, inspections and maintenance? – Yes.
How long does it take to set the arrangement up? – We can have a charity in situ within 24 hours, if required.