Landlord and Tenant
As a general rule, any transaction involving a lease is more complicated and potentially legally risky, and consequently, good and thorough advice tends to cost more than for freehold conveyancing. This is an area where ‘cheap can cost you dear’, as it is critical that any lawyer you instruct drafts/negotiates/reads the lease properly, and advises you thoroughly and in plain English. Advice and agreements relating to landlord and tenancy is often needed at short notice, so our lawyers will act promptly and efficiently to allow all your needs to be met.
Our solicitors in the landlord and tenant department advise on:
- Purchase of business and residential leases and tenancies
- Grant, assignment and termination of leases
- Management advice including all supplemental licences and deeds of variation
- Pre-let documentation for new developments
- Lease renewals
- Strategic dispute resolution
Commercial leases are complex and can involve unforeseen expenses, risk and long term liabilities, particularly for the unwary, presented with a ‘standard lease’ by the Landlord or agent. There is no such thing as a standard lease! There are a range of issues which can cause problems in the short, medium or long term, on commercial leases.
These include:
- Appropriate length of lease/remaining terms
- Lease be renewal on expiry
- Requirements for personal guarantees at the beginning or on sale of lease
- Rent reviews
- Break clauses
- Repairing covenants
- Rent deposits
- Service charges
- VAT status
- Planning uses
- Dilapidations clauses
- Landlords consents
- General position at end of lease term
020 7936 2930 