A tenant takes occupation for a period of 42 days, paying the Rates while in occupation.
After vacating, the landlord is given a rates-free period of 3 months (6 months for industrial).
The relief is granted under The Local Government and Finance Act 1988 Section 45 (sub-section 4a) –
has been unoccupied for a continuous period not exceeding three months.
Does not require substantial occupation
Savings of approximately 65% of Rates payable per annum – less administartion costs.
Recent court decisions found in favour of landlords
Obtrusive – inhibits marketing
Considerable time and effort to implement and administer
Cost of implementation
Diffcult to implement
Any legal challenge is made against the the landlord – hence adverse publicity