Overage Agreements – a popular, but potentially risky route for a seller to try to secure a share in any future uplift in the value of the land that they are selling. To explain, an Overage Agreement is an agreement between a buyer and seller,...
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As the demand for housing continues to rise year on year, many landowners are looking at the possibility of selling their land to developers. Given the flexibility of such agreements, Option Agreements are becoming an increasingly popular choice for...
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It is well-documented that house prices have increased and the recent end to the Stamp Duty Land Tax break has meant the property industry has been in overdrive over the past few months. There are still looking to take perhaps their first step into...
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When agreeing on a commercial lease it's important you know exactly what you're doing. With these top 5 tips, you'll be better prepared to take on a new lease. Term How long do you want the lease to be? Most leases offered on the market...
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Background Unless the Landlord and Tenant agree that the Landlord and Tenant Act 1954 won’t apply to a new lease, a Tenant has a statutory right to renew its lease at the end of the term. If it is agreed that the 1954 Act won’t apply to a...
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Developers- do you still charge ground rents in your residential leases? As part of the Government’s planned legislative programme for 2021/22, the Leasehold Reform (Ground Rent) Bill was introduced last month into the House of...
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Earlier this year, we wrote a blog detailing the temporary moratorium on evictions introduced by section 82 of the Coronavirus Act 2020 in our blog Government moves to provide commercial tenants with further protection. This month, it was...
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Our article “Commercial Business Lease Rent Payment, Enforcement and COVID-19”, published earlier this month, considers the protection afforded to commercial tenants by the temporary moratorium on evictions introduced by section 82 of the...
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As the nation continues to adapt to the 'new' way of life as restrictions continue as a result of COVID-19, landlords and tenants alike are all looking for guidance when it comes to repairs and maintenance. The government has published guidelines...
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If you are a Tenant, and you have come to the difficult conclusion that it is no longer viable to continue your Lease (even if you can renegotiate the rental payments), then you may want to consider what “exit” options you have. We have set...
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