Altus Group - Independent Real Estate Intelligence

Empty Rates – Avoidance and Deferral

We have provided bespoke services to property owners on all aspects of empty rates for over 25 years. The strategies, techniques and innovative approaches we use to assist owners in tackling this punitive tax has greater significance following the removal of empty rate relief on virtually all types of vacant property in April 2008.

The objective of avoiding and deferring empty rates, as well as minimising and managing liability, if and when it does bite, requires that each project or scheme is treated on its merits and with a specific strategy to reflect the circumstances.

We have a national team of senior surveyors who are all recognised experts on empty rates issues; our approach and in-depth understanding of the subject continues to be used by many of the leading property companies, developers and funds.

Connected Services:

Managed ‘Short Term’ Occupation Service
Active Rate Management Service

For informal expert advice and guidance on the potential for avoiding, deferring and/or managing empty rates on newly refurbished/constructed property, or in relation to voids within a portfolio, please contact;

Graham Senior
graham.senior@altusgroup.com

Robert Hayton
robert.hayton@altusgroup.com

A Selection of our Empty Rates Clients across the country includes.
A & J Mucklow Group PlcGoodman International
Bizspace LtdHelical Bar Plc
British Airways Pension FundHenderson Global Investors
Chancerygate Business CentresPrologis Developments Ltd
Development Securities PlcStockland UK
F & C REIT Asset Management PlcTerrace Hill Group
Frontier Estates LtdThreadneedle Property Investments Ltd
Gazeley UK LtdWrenbridge Land Ltd