http://www.wilson-nesbitt.com/articles/ Wilson Nesbitt Solicitors - Commercial Property News RSS feed en-gb email@wilson-nesbitt.co.uk info@flamegreen.com 30 http://www.wilson-nesbitt.com/articles/886/31072008/increase_in_pre-tax_profits_for_bank_of_ireland.html The Bank of Ireland has reported an increase its pre-tax profits for the first half of this year. Profits were worth close to €124 million (£97.8 million) over the course of the first six months of this year, which represents an increase of around five per cent compared with the... Thu, 31 Jul 2008 19:14:04 BST http://www.wilson-nesbitt.com/articles/844/02072008/smaller_commercial_property_to_have_energy_standards.html The government is planning to extend the energy performance certificate (EPC) scheme to all premises over 2,500 metres squared when built, sold or rented.Under the existing EPC scheme, commercial buildings over 10,000 metres squared need to have an energy efficiency rating of A-G.The average... Wed, 2 Jul 2008 13:54:00 BST http://www.wilson-nesbitt.com/articles/841/30062008/belfast_uks_fastest-growing_economy.html Belfast has been the fastest-growing economy of the 30 largest British cities over the past decade, a new report has found.Northern Ireland's regeneration projects and investment in the province have meant that local talents are being revealed and more business and commercial interests are... Mon, 30 Jun 2008 13:18:00 BST http://www.wilson-nesbitt.com/articles/830/23062008/diverse_views_over_commercial_property_recovery.html There are a variety of views surrounding when the commercial property market will recover, a new survey has found.According to research from REITA - an organisation established by commercial property companies to support the introduction of Real Estate Investment Trusts - many advisers disagree... Mon, 23 Jun 2008 11:53:45 BST http://www.wilson-nesbitt.com/articles/807/09062008/northern_ireland_developments_shortlisted_for_awards.html Some developments in Northern Ireland have been put on the shortlist for the Royal Institution of Chartered Surveyors (Rics).Rics has recognised the regeneration of Bagenal's Castle and the extension to the Belfast Grand Opera House as two of the best projects in the country.Other... Mon, 9 Jun 2008 17:02:00 BST http://www.wilson-nesbitt.com/articles/758/12052008/northern_ireland_an_attractive_investment_opportunity.html Northern Ireland represents an attractive opportunity for investment for overseas companies, according to Shaun Woodward.The Northern Ireland secretary told BBC Radio 4's World at One programme that despite higher levels of corporation tax in the UK than in the Republic, there are... Mon, 12 May 2008 13:51:00 BST http://www.wilson-nesbitt.com/articles/695/04042008/a_fair_price_for_commercial_property_in_ni.html Commercial property is more fairly priced than it was six months ago, according to an economic research consultancy.Capital Economics' property economist Ed Stansfield said commercial property in the UK is 'much more fairly valued' than it was, which is good news for business... Fri, 4 Apr 2008 12:03:30 BST http://www.wilson-nesbitt.com/articles/671/18032008/commercial_property_rates_review_gets_underway.html Commercial properties in Northern Ireland are shortly to be contacted about the impending rates revaluation. Finance minister Peter Robinson announced that business property taxes would be reviewed in July last year. The last time this occurred was in 2003, when reference values from 2001 were... Tue, 18 Mar 2008 18:00:00 GMT http://www.wilson-nesbitt.com/articles/642/03032008/property_owners_in_debt_to_government.html Solicitors in Belfast and Northern Ireland could see the government in need of debt recovery services, after the Belfast Telegraph revealed that ratepayers in the province owe them over £140 million in unpaid bills.According to senior civil servants, people in Belfast and Northern... Mon, 3 Mar 2008 13:00:00 GMT http://www.wilson-nesbitt.com/articles/626/22022008/buy-to-let_not_pushing_ftbs_off_property_ladder.html Solicitors in Belfast and Northern Ireland should not expect to see fewer first-time buyers (FTBs) able to afford property as a result of buy-to-let investors, experts claim.According to figures from the National Housing and Planning Advice Unit, buy-to-let mortgages have boosted house price... Fri, 22 Feb 2008 16:30:00 GMT http://www.wilson-nesbitt.com/articles/623/21022008/bridging_loans_aid_quick_property_purchase.html If homebuyers in Belfast and Northern Ireland whose finances are stretched were to take out a bridging loan, it could mean less people being pursued by solicitors for debt.However, bridging loans should only be used in the short-term, otherwise solicitors could see homebuyers in Belfast and... Thu, 21 Feb 2008 13:15:00 GMT http://www.wilson-nesbitt.com/articles/604/07022008/landlords_still_confident.html Despite the rising house prices in Belfast and Northern Ireland, solicitors in the province are more likely to see landlords buying additional property than they are to see investors selling up their stock.Solicitors in Belfast and Northern Ireland may have expected to see landlords offloading... Thu, 7 Feb 2008 13:15:00 GMT http://www.wilson-nesbitt.com/articles/596/04022008/landlords_put_off_selling_by_logistics.html Solicitors in Belfast and Northern Ireland are unlikely to see landlords selling their property despite a slowdown in the housing market, experts have claimed.According to PropertyHawk website, solicitors in Belfast and Northern Ireland are unlikely to see a raft of property sold off by... Mon, 4 Feb 2008 14:00:00 GMT http://www.wilson-nesbitt.com/articles/577/23012008/no_panic_over_commercial_property_slump.html Accountants and solicitors in Belfast and Northern Ireland may have seen investors in commercial property funds trying to withdraw their money, but experts warn against panic selling.While solicitors in Belfast in particular have noted a slowdown in both purchases of residential and commercial... Wed, 23 Jan 2008 12:00:00 GMT http://www.wilson-nesbitt.com/articles/576/23012008/nipsa_probes_government_settlement.html While solicitors in Northern Ireland have resolved a government court case, trade union Nipsa is angry that there has not been more transparency about the settlement. The Department of Finance had been faced with a lawsuit brought by a consortium called Partenaire after it failed to secure a... Wed, 23 Jan 2008 12:00:00 GMT http://www.wilson-nesbitt.com/articles/571/18012008/%C2%A38m_estate_up_for_sale.html Solicitors in Northern Ireland will have to wait to find out who the buyers of an historic Ulster estate are, as it goes up for sale this week - but it may not be who they expected.Although offers for the Mountpanther Estate in County Down are expected to be as high as £8 million,... Fri, 18 Jan 2008 10:46:57 GMT http://www.wilson-nesbitt.com/articles/562/15012008/overseas_property_investors_need_solicitors.html People from Belfast and Northern Ireland who are planning on buying a property overseas must contact their solicitors as soon as possible, experts have said.According to www.carolvordermanoverseashomes.com, as soon as someone realises that they want to buy property abroad, they should enlist the... Tue, 15 Jan 2008 10:30:00 GMT http://www.wilson-nesbitt.com/articles/545/04012008/stability_the_hallmark_of_new_year_property.html Solicitors in Northern Ireland will be likely to see more first-time buyers as well as commercial property investors securing their dream deal, as experts claim that prices in 2008's market will be more stable. After solicitors saw buyers in Belfast and the rest of Northern Ireland pushed... Fri, 4 Jan 2008 12:15:00 GMT http://www.wilson-nesbitt.com/articles/510/13122007/hse_warns_landlords_on_gas.html Landlords in Belfast and Northern Ireland may have to call in solicitors if they do not heed the latest warning on gas appliances from the Health and Safety Executive (HSE).People providing tenancies in Belfast and Northern Ireland are legally required to have their tenants' gas appliances... Thu, 13 Dec 2007 15:30:00 GMT http://www.wilson-nesbitt.com/articles/495/06122007/commercial_mortgage_not_only_option.html Small businesses buying a commercial property in Northern Ireland should visit their solicitors for advice on funding, as a commercial mortgage is not the only answer, experts have claimed.Northern Ireland solicitors could see clients using a whole range of options to fund their commercial... Thu, 6 Dec 2007 17:00:00 GMT http://www.wilson-nesbitt.com/articles/490/04122007/ni_suits_trump_to_a_tee.html Solicitors in Northern Ireland could be securing a commercial property deal for tycoon Donald Trump after he suggested he might want to build a golf resort in the province.So far Mr Trump's solicitors have failed to persuade Aberdeenshire Council to rethink their rejection of his bid to... Tue, 4 Dec 2007 14:30:00 GMT http://www.wilson-nesbitt.com/articles/467/23112007/belfast_development_wins_award.html Solicitors in Belfast may find the happiest homebuyers in the city in those who have invested in Malone Square.Northern Ireland development and construction firm, the McGinnis Group, has won the Residential Development of the Year prize at the Northern Ireland Property Awards for the Malone... Fri, 23 Nov 2007 16:00:00 GMT http://www.wilson-nesbitt.com/articles/461/21112007/buy-to-let_not_as_doomed_as_thought.html Northern Ireland solicitors who worried that landlords would be put off purchasing property due to some analysts predicting a gloomy future for the buy-to-let market may have their fears allayed after all.According to comments from the Building Societies Association (BSA), although making a... Wed, 21 Nov 2007 14:00:00 GMT http://www.wilson-nesbitt.com/articles/427/26102007/ni_countryside_open_for_property_developers.html Solicitors in Northern Ireland have seen many commercial property developers unsure of where they stand as regards building in the countryside due to restrictive legislation; and although the PPS 14 has now been declared unlawful, the confusion could go on.The PPS 14 was introduced by the... Fri, 26 Oct 2007 13:00:00 BST http://www.wilson-nesbitt.com/articles/420/22102007/capital_gains_tax_blighting_business.html Solicitors in Northern Ireland are likely to see more entrepreneurs investing in commercial property and fewer people prepared to start up their own small businesses, if the government does not change its attitude towards capital gains tax.Northern Ireland already has a higher rate of corporation... Mon, 22 Oct 2007 13:00:00 BST http://www.wilson-nesbitt.com/articles/415/17102007/buy-to-let_investors_must_be_mad.html Solicitors in Northern Ireland could see fewer buy-to-let investors, unless they are very wealthy, as the interest rate precludes landlords making a decent profit, experts warn.According to Firstrung, landlords in Britain and Northern Ireland can only hope to cover their mortgage repayment costs... Wed, 17 Oct 2007 13:45:00 BST http://www.wilson-nesbitt.com/articles/413/16102007/property_developer_tempts_buyers_with_free_car.html Solicitors in Northern Ireland will have noticed a big drop in the number of people buying property in the province, and it appears that property developers are feeling the squeeze so much that one is giving away a brand new car to buyers. According to the Belfast Telegraph, property developer... Tue, 16 Oct 2007 13:15:00 BST http://www.wilson-nesbitt.com/articles/410/12102007/more_hmos_have_to_be_registered.html Solicitors in Northern Ireland may have to help out landlords facing prosecution if they do not to register their properties with the Housing Executive. The Housing Executive (HE) has announced that more houses in multiple occupation (HMOs) will be obliged to register with its statutory HMO... Fri, 12 Oct 2007 13:45:00 BST http://www.wilson-nesbitt.com/articles/395/03102007/record-breaking_rent_good_news_for_landlords.html Solicitors in Northern Ireland are likely to see more landlords needing legal advice on commercial property as spiralling house prices in the province have forced more people to rent.Belfast solicitors in particular are likely to serve buy-to-let investors, as property prices in Belfast have... Wed, 3 Oct 2007 12:00:00 BST http://www.wilson-nesbitt.com/articles/396/03102007/full_steam_ahead_for_titanic_development.html The largest property development ever to be built in Northern Ireland has been given the green light today as part of an expansion scheme in Belfast's Titanic Quarter.Three million square feet of new floorspace will be added onto a riverside estate which is themed around the fated Titanic.... Wed, 3 Oct 2007 12:00:00 BST