New national director to lead JLL’s Midlands rating team

Peter Fullam of JLL

Property adviser JLL has appointed Peter Fullam as national director leading its Midlands rating team, working across its Birmingham and Nottingham offices.

Part of a 30 strong JLL rating team of market-facing specialists based in eight locations across the UK, Fullam joins from the city’s Cushman & Wakefield office – where he headed its rating team for the region – following a decade with Nottingham property consultancy FHP.

Fullam arrives at a significant time of change within the world of business rates, with the forthcoming 2017 Revaluation looming fast on the horizon and recent high profile cases having a significant impact upon many ratepayers.

“It’s coming up to seven years since the Valuation Office Agency’s (VOA) last updated the rating list, so many will be eagerly awaiting the VOA draft assessments that are being issued in October in the hope it brings good news,” he says.

“The new rating list will go live on 1st April 2017 and in the lead up we will be providing advice to ratepayers on the implications of the draft assessments to their budgets and the options available to the ratepayer to influence levels of value and reduce their business rate liabilities.”

Fullam added: “At JLL, I am looking forward to working alongside some of the Midlands’ leading property professionals to target occupiers, developers and investors with a commitment to reducing their business rate liabilities to an absolute minimum.”

Matthew Smith, lead director for the Nottingham office added: “When it comes to rating it’s about working with a trusted pair of hands with the knowledge and experience to be able to provide the best advice and results. Peter is well known in the industry and has an excellent track record. We’re confident he will have a significant impact on our client base.”

Fullam’s work will cover all areas of business rate advice including business rate appeals, empty rate mitigation strategies, billing queries and Completion Notice advice.