One Month Warning On Empty Property Rate Consultation Views Wanted On Exempting Newly Built Developments 01.07.2013 By Rob Dixon A property litigation expert has warned property developers and other industry experts that they have only a month left to respond to a consultation related to the Government’s proposal to exempt newly built commercial property from empty property rates. Under the plans, which were announced in the Chancellor’s Autumn Statement in December last year, all new commercial property completed in England between October 1st 2013 and September 30th 2016 will be exempt from the rates for the first 18 months. According to the Government, the purpose of the proposal is to stimulate construction and reduce the risks of developers having to pay the rates if their properties are not fully occupied straight away. The closing date for the consultation is July 26th 2013. Danny Revitt, a Partner and property litigation specialist at Irwin Mitchell’s Sheffield office, said: “This policy has a significant potential to encourage developers to get the ball rolling on new development, stimulating the creation of quality property and jobs in the process. Ultimately, the general view will be that this is a positive step that could benefit many. “We would encourage anyone affected by issues like this to ensure that their voices are heard and provide the Government with vital feedback on their proposals.” Read more about Irwin Mitchell's expertise in relation to Property Litigation Key contact Danny Revitt Partner +44 (0)770 352 5119 Email Danny Tags Litigation And Dispute Resolution Real Estate Property Litigation Danny Revitt Sheffield Related articles 20.02.2017Financial Conduct Authority And Prudential Regulation Authority Publish Decision Making Changes 15.02.2017Cocoon Aims To Secure £2.5m For Latest Expansion Drive 14.02.2017Serious Fraud Office - The Big Funding Debate 14.02.2017Inflation Rises As UK Feels Effect Of Weak Pound Post-Brexit Vote 10.02.2017Today's Court Of Appeal Ruling To Have Impact on Uber And Other Firms In 'The Gig Economy'