Owners tempted to raise the roof ; AT a time of challenging economic conditions, clearly all opportunities to avoid or reduce the empty rates cost must be taken, says Steve Turton of BNP Paribas Real Estate

Summary

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THERE are different ways to minimise the additional cost and it's essential to make sure you're aware of the potential opportunities for complete avoidance or cost minimisation.

Empty rates can be charged only if the property is in the rating list. So, deleting an entry or postponing entry of new buildings will bring savings.

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Extract

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Owners tempted to raise the roof ; AT a time of challenging economic conditions, clearly all opportunities to avoid or reduce the empty rates cost must be taken, says Steve Turton of BNP Paribas Real Estate

Buildings not capable of occupation should not be in the list. Constructive vandalism, such as removal of ...

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