MM were instructed to advise the FTSE listed house builder, Crest Nicholson, who were seeking to reduce costs during the Covid pandemic, with house sales and commercial operations being hard hit.

Crest had significant Business Rates liabilities at it’s Longcross Studio, near Chertsey, with income disappearing, following major clients pausing operations, including Netflix and Disney. With significant buildings falling empty we looked to engage the local council, who following discussion agreed to offer their support, applying relief to Crest’s rate accounts.

Savings secured amounted to in excess of £115,000, helping Crest a little with the pain caused by the pandemic.