In mid-June the residential and commercial management and accounting departments along with the commercial agency team moved from their Great George Street home to join colleagues in a new expanded open plan office space at Sanderson House in Horsforth.
Date posted - Mon 01 Jun
Although building start ups are at an all-time low and development land values have plummeted, astute owners are using this breathing space to continue developing sites so that they are "oven-ready" when the market recovers.Government still claims that it wants to provide three million new homes by 2020, and there is a real possibility that there will be an acute
shortage of short-term building land as soon as the market recovers. We are actively involved in over a dozen sites, pushing them through the planning and development process, in both
commercial and residential sectors.
Four small development opportunities which we marketed last autumn all found homes and are at the pre-contract stage. Another half dozen or so should be available this spring.
Date posted - Tue 14 Apr
Leeds Civic Trust and Leeds City Library have been extremely grateful to receive a donation of a collection of 1950 paper Ordnance Survey plans covering the majority of the Leeds district. These plans were held in the Adair Paxton archives and used by our surveyors and property managers over decades, but have now been replaced by digital mapping software. Dr Kevin Grady of Leeds Civic Trust said "These plans will prove invaluable to the city as an accurate record of how things were in 1950. They plug a gap in the library archives which already contain earlier and slightly later records, and are therefore extremely useful in tracking change through time."
Date posted - Mon 06 Jul
The Leeds City Centre Sales & Lettings office of Adair Paxton has moved from 33 Great George Street to 1 Oxford Place, which is just around the corner. This office is located on the main City Loop, directly alongside Leeds Town Hall, providing easy access for clients to visit. It is headed by Paul Turner LLB DipDEA, who can be contacted on 0113 3917100 (e-mail: pault@adairpaxton.co.uk).
Date posted - Fri 11 Sep
Because of our extensive flat service charge management work, we have acquired a good deal of experience in negotiating enfranchisement and lease extensions. Indeed, this work is frequently referred to us by other surveyors. In simple terms, if 50% or more leaseholders in a block of flats agree and combine, they are entitled to acquire the freehold interest whether the freeholder wants to sell it or not. It is of course subject to the price, either being agreed, or being calculated in accordance with the statutory formula, if necessary by reference to the Leasehold Valuation Tribunal. We are happy to give initial advice, either to individuals or indeed to groups of leaseholders (often at AGMs) with the initial contact free of charge. See our webpage on Leasehold Enfranchisement for more details and contacts.
Date posted - Fri 18 Sep