When entering into a lease both the landlord and tenant need to understand that the terms and conditions negotiated at the outset will remain enforceable during the whole terms of the agreement.
Such terms can have a significant financial impact, not only during the term of the lease, but when it is transferred, expires or is renewed. We can help you using our team of specialists dealing with rent reviews, lease renewals and new lease agreements acting for landlord or tenant.
On entering into a lease it is not only the rent which needs to be considered. There are many other terms which will have a bearing on the suitability of the least for you.
How we can help you:
- New lease agreement
- Lease renewal
- Lease negotiations
- Rent review
Our knowledge of the legal framework and of market conditions relating to different areas of the country and different property types means that we can advise on all these issues and negotiate to secure the best lease terms for you. The format of leases is ever changing with a current preference for shorter term agreements. We can advise you on the terms of a lease to ensure it is geared to suite your short and longer term needs.
Each clause within a lease will place a specific liability on an occupier or landlord that will affect the duration of the terms. Onerous repairing obligations can be expensive especially when dilapidations are assessed. The renewal of leases is still subject to compliance with strict time limits for the service of notices and failure to comply could result in loss of rights to renew your lease.
Rent reviews can be extremely contentious and a large proportion of our work involves the review of rentals and if necessary taking reviews to either Independent Expert or Arbitration for settlement.