RICS: Market uncertainty clause to to be added at valuers’ discretion

By Paul Norman CoStar News March 19, 2020 | 07:35 A.M. All forthcoming RICS independent valuations should, at the valuers discretion, include a statement highlighting Material Valuation Uncertainty in response to the coronavirus and the impact it is having on real estate markets. The change was highlighted this morning in Schroder Real Estate’s results as it […]

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Business rates for all retail and leisure businesses suspended for 12 months

  By Paul Norman CoStar News. The Chancellor of the Exchequer has suspended business rates for all hospitality, retail and leisure firms for 12 months as part of an unprecedented £330bn package of measures aimed at helping the public and businesses through the coronavirus pandemic.   In last week’s Budget Rishi Sunak offered a business rates […]

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