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Author Archives: craig
Tenant’s rights
Tenant’s rights – sounds good but in practice ? A common issue when buying a flat in a large newbuild or existing development is problems or concerns about the way the block or development is managed, charges and policies adopted … Continue reading
Landlords coining in it at the moment ? Perhaps not
Rental market for properties confusing Fewer and fewer people can afford to buy properties, particularly the young and first time buyers s o this must mean a corresponding boom in rentals and landlords are sitting pretty right ? Well you’d … Continue reading
Lease guarantees (Authorised guarantee agreements)
Lease Guarantees (Authorised Guarantee Agreement) In Victoria Street v House of Fraser and others, the Court of Appeal has now given some much needed clarity on authorized guarantee agreements. These agreements are a ticking time bomb for many tenants with … Continue reading
Posted in commercial lease
Tagged aga, authorise guarantee agreement, lease guarantees, leasse
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Commercial leases – 10 tips for tenants
10 tips for tenants when negotiating a new commercial lease 1. Planning Use It ius imperative that the premises you are considering leasing have the correct plannining use. If they don’t, this could be catastrophic. If t there is a … Continue reading
Property law case
Gifting a property not reversible A recent case demonstrates that if you want to pass on assets but want to retain control, you need to do it by way of a trust, but there may be tax consequences of this. … Continue reading
Posted in Property law
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About residential leases
Leasehold and freehold explained Leasehold residential properties are often sold as having a ‘share of the freehold’. This doesn’t mean that the flat is a freehold, rather that it is “carved out” of the freehold. Sometimes, although unusually, one flat … Continue reading
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Extending a residential lease
Extending a residential lease of flat – the basics Legal right to extend To have the statutory right to extend :- The leaseholder must have owned (but not necessarily lived in) the property for at least 2 years The lease … Continue reading
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