JLL has boosted its professional team in Scotland with the appointment of two valuation specialists as part of a new ratings team.
The firm is launching a new Scotland based rating team on the back of newly-assessed rateable values being introduced from 1 April as higher rates are restricted to a six month right of appeal in Scotland.
Based in the JLL’s Glasgow office, Niall Rankin has 20 years’ experience, and joins the firm as lead director for rating in Scotland, having spent the last 11 years with G L Hearn.
Alongside Rankin, Tom Fothergill also joins JLL’s rating team as a senior surveyor after spells working for Glasgow City Council and latterly for G L Hearn in Manchester and Glasgow.
Alasdair Humphery, lead director for Scotland at JLL, said: “We welcome Niall and Tom to our business across Scotland, where they will bring a wealth of technical rating expertise to our clients. The delayed revaluation of rates in Scotland combined with the changing pattern of values and the increasingly unpopular nature of this tax is likely to result in a number of challenges facing occupiers for the foreseeable future.
“With major changes afoot across the rating processes in both Scotland and the UK, making these two important appointments to our Rating team could not come at a more fitting time.”
“Niall and Tom join us as a well-established team through their time working together for a number of years and will act as an important link to JLL’s national team. Headed up by Niall, the Rating team will work on behalf of corporates, retailers and institutional clients in Scotland who are looking to navigate the new rating environment.”
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