GHP Insights

News, Q&As and Press Releases From Our Team

Q&A How to sell off part of your business

Selling off a portion of your business premises could be a good way to release some of your assets if you are struggling, enabling you to retain enough of the property to still run your business whilst having the potential for further disposal or rental income in the future...

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Q&A What happens about shared access & drains if I sell off half my land?

I have run a small market garden business from my home for the last thirty years. I now want to retire but my wife does not want to move out of the house. If I sell off the business and land it occupies, what would I need to do about what would become a shared access road, drains etc? And should I sell it leasehold or freehold?

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Q&A How easy would it be to split and sell off part of my business premises?

I own a local business and my pension fund owns the property in which it operates. Due to rising costs, fewer orders, and also my age, I have decided to downsize the business this year. I am wondering whether, with this in mind, it would be feasible to split the unit into two separate units. Then I could move my business into one unit and sell off the other. What would be the main considerations if I did this?

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Q&A My gas boiler installation certificate is missing – what will happen if I sell up?

I’ve just discovered that I don’t have a boiler installation certificate for the new build house I bought 7 years ago. I called developers and they said the installation contractor has since gone out of business and as it would have been the contractor who issued it, they can’t do anything about it. Will this be a problem if I want to sell?

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Q&A Does an outstanding loan have to be repaid if the lender dies?

My Mum made a substantial loan to my brother last year when he lost his job. He was supposed to pay her back every month when he got a new job, but so far he has paid nothing, always coming up with some excuse why he cannot start paying ‘just yet’. 

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Q&A What are my rights for taking time off if strike action closes kids’ school?

I have just had to take time off work to look after my children because of the teachers’ strike.... What exactly are my rights regarding things like this?

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Q&A Can I demand employee takes a drug test?

I suspect an employee may be under the influence of drugs when he is at work. Can I demand he takes a drugs test?

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Q&A How do I ensure my ex is not running down the business to pay less in our divorce settlement?

I am currently going through a divorce from my husband. I am hoping to agree a financial settlement with him, but he seems to be deliberately running the family business into the ground to make the value look far less for the financial remedy proceedings. What can I do?

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Q&A What do I need to know about Landlord legislation?

I am considering buying my daughter’s house as a rental property as she is getting married and bought a house with her fiancé.... So, what kinds of things should I be aware of from a legal point of view?

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Did you know if your tenant dies, you may not be able to automatically repossess your property?

Many landlords are under the impression that if a property is rented to a sole tenant, they can automatically repossess the property if that tenant dies. This is, however, not the case if the tenant dies without leaving a Will, or with a Will but without an Executor.

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