Update on property

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Law firm Hill Dickinson is holding an annual property update at its Sheffield office in The Balance, on Pinfold Street on Tuesday, March 12.

The update will include reports on the latest cases involving the payment of interim rent on a lease renewal, town and village green applications and regulations protecting “Assets of Community Value.”

Hill Dickinson says interim rent often gets forgotten as it is assumed it will be the same as the rent after renewal, but that may not be so, particularly if the landlord has opposed the granting of a new lease or a lease hasn’t been granted.

Meanwhile, warns the firm, applications to register land as a town or village green have become “the tactic of choice” of groups opposed to development and pose major administrative issue for developers and local authorities.

At the same time, shops, pubs, banks, schools, libraries, hospitals, theatres, sports centres, museums and town halls can now all be considered to be Assets of Community Value, which can have significant implications for businesses, local authorities and community groups, Hill Dickinson adds.