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JGM
JGM, Solicitor
Category: UK Property Law
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Experience:  28 years experience in property law.
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looking at buying an old hospital site, one building is listed,

Resolved Question:

looking at buying an old hospital site, one building is listed, ( no rates to pay )
payable on the other empty buildings is £42,00 pa, council are saying the other buildings are in the curtlige of the site so cant be demolished, while we argue this point i have still to pay the rates,

if i buy it in a ltd company, then lease it to say an off shore ltd company, the offshore company gets wound up, who are liable for the rates,
Submitted: 1 year ago.
Category: UK Property Law
Expert:  JGM replied 1 year ago.
The occupier is liable for the rates, so if the offshore company is wound up it would not be in occupation and liability for the rates would be the company that you used to buy the property in the first place.
Customer: replied 1 year ago.

so if i could drag this out with the offshore company for say a year,


2014 /15


they didn;t pay any rates, would the UK company be liable for that year

Expert:  JGM replied 1 year ago.
If it was in occupancy yes, the Uk company would not be responsible as landlord. You would need a formal lease to establish that the offshore company was the tenant in occupation.

It is of course bordering on fraudulent so be very careful about this.
JGM, Solicitor
Category: UK Property Law
Satisfied Customers: 7545
Experience: 28 years experience in property law.
JGM and other UK Property Law Specialists are ready to help you

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