Murray Beith Murray is a leading Scottish private client law firm.
For over 170 years we have specialised in meeting the legal, financial and administrative needs of individuals and families, family trusts, charities and private companies.
According to a recent analysis from the Scottish Property Federation (SPF), the total value of commercial property sales across Scotland has rebounded between July and September. A total of £1.2 billion worth of sales were completed in the quarter, nearly double the total value of commercial property sales recorded in the previous quarter (£763 million) and £336 million more than the same quarter of 2018.
Rent review clauses are commonplace in today’s commercial market, but why? This blog will address the different rent review mechanisms and essential considerations when entering into a lease.
CVAs (Company Voluntary Arrangements) has risen to increased prominence recently, employed by a number of well known, high street retail brands, to prevent businesses from going into liquidation or administration.
The General Register of Sasines dates back to 1617 and is the oldest national land register in the world. This system has become outdated and impractical so has been gradually replaced since 1981 by the Land Register.
From 1 April 2015 the Land and Buildings Transaction Tax (“LBTT”) regime came into effect imposing a duty on commercial tenants to submit a return every three years. The first cycle of these three yearly returns arose in April 2018, and significant penalties can be incurred for late submission or failure to submit.
