Real estate for charities: buying and selling properties
Many charities have been seeking to sell properties in recent months to take advantage of what has been a buoyant market, as they seek to release funds to invest in their charitable mission or to meet ever increasing core costs.
The outlook is now much less certain, and trustees are faced with some complex strategic decisions as to whether or not to proceed with or renegotiate planned transactions. However for those with money to invest now maybe an unique opportunity to acquire properties on favourable terms.
Real estate for charities
Our charity and social business team and William Ray, Gerald Eve will consider the key legal and property issues facing charities looking to buy and sell land and buildings.
Key sections
4:06 - The London factor
9:37 Can you afford to do nothing with your property
10:41 - Market testing
18:08 - Qualified surveyors report
19:53 - Submission of the final qualified surveyors report
21:58 - Preparing your property ready for sale
24:01 - Energy performance certificate
25:29 - Planning
28:24 - Copywrite of drawings and documents
42:11 - the right time to buy
43:14 - Funding
45:08 - Availability of property
49:31 - Dealing with local authorities
52:52 Can a charity sell a property below market value to another charity
57:40 - Can a qualified surveyor report be carried out by another by company instructed to sell a property
Get in touch
If you would like to speak with a member of the team you can contact our charity law solicitors by email, by telephone on +44 (0)20 3826 7510 or complete our enquiry form.
