Stop Paying Empty Rates — Start Protecting Your Portfolio

Verity helps asset managers and agents eliminate business rates on vacant properties — legally, securely, and without disruption.

In 2025–26, over £1.1 billion in business rates relief is available on vacant commercial properties across the UK.

Verity helps asset managers and agents unlock their portion — fast, compliantly, and without hassle.

Why It Matters

Empty units are expensive. But they don’t have to be.

Whether you manage 3 properties or 30, Verity’s King’s Counsel-approved strategy helps you:

  • Secure 100% Relief on Business Rates

    Empty units shouldn’t be a drain on your budget. Verity’s proven mitigation strategy enables you to legally unlock full business rates relief on qualifying commercial properties — without jumping through hoops. We manage the entire process, so you get maximum savings, zero compliance risk, and clear reporting for the board.

  • Avoid Marketing Disruption or Reputational Risk

    Worried about how mitigation might affect letting or sales? Don’t be. Our approach is non-invasive, fully reversible, and designed to work alongside your marketing activity. That means no negative optics, no interference with agency listings or viewings — and your reputation as an asset manager/landlord stays firmly intact.

  • Deliver ROI Your Stakeholders Will Notice

    When asset performance is under scrutiny, every saving counts. By turning a cost centre into a cash-neutral position, Verity helps you improve your ROI and demonstrate proactive portfolio management. It’s smart, measurable return on investment — the kind your stakeholders, clients, and investors will appreciate.

Our King’s Counsel‑Approved Scheme

Our King’s Counsel‑approved scheme — also known as Property for Good — ensures your commercial property can qualify for 100% empty rates savings while positively impacting your local community. Discover how it works below.

A Partnership You Can Stand Behind:
Verity (Rates Mitigation) × Faithful (Community Impact)

Step 1: You Opt-in to our Property for Good Scheme

Impact for you: No fit-out required and no disruption to marketing. The asset stays fully lettable and ready for viewings.

Step 2: Verity Registers the Property

We register the unit as a temporary place of worship — a low-impact, recognised use.

Impact for you: King’s Counsel-approved approach. Compliant, defensible, and portfolio-friendly.

Step 3: Faithful Activates Community Use

Our partner, Faithful, schedules short, supervised worship sessions and manages access.

Impact for you: Positive social impact with zero reputational risk. Listings stay live; agency efforts continue uninterrupted.

Step 4: Qualify for 100% Rates Relief

The property qualifies for full empty rates relief.

Impact for you: Immediate cost relief and cleaner cash flow while you campaign for lettings and asset value.

Step 5: Protected Asset, Clear Exit

The space remains secure, clean, and ready for inspections. Exit is simple when a tenant is secured.

Impact for you: No encumbrance on leasing, no brand risk for your clients, and a smooth handover on completion.


Client Showcase: £48,000 Saved for a Vacant City Centre Asset

Here’s a recent example of how we’ve helped an asset management company…

Commercial Property Case Study

Challenge:
A prime office and retail building in the city centre stood vacant following a tenant’s early exit. The asset manager needed to avoid £48k in annual rates liabilities without affecting the property’s ongoing marketing campaign.

Solution:
Verity enrolled the property into our Property for Good scheme, registering it as a temporary place of worship through our partner Faithful. No alterations or fit-out were required, and the property remained fully lettable.

Results:

  • £48,000 in empty rates liabilities avoided in Year 1
  • No disruption to marketing or agency viewings
  • Asset kept secure, clean, and inspection-ready
  • Positive social impact via supervised community use

Real Results