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Nov, 2014

Thursday

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  1. Replies
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    305

    "I have bought Tower Bridge in London… according...

    "I have bought Tower Bridge in London… according to the bloke in the pub I bought it off!"

    Tower Bridge is owned by Bridge House Estates, a charitable trust overseen by the City of London.
  2. Whether or not you've opposed renewal, the tenant...

    Whether or not you've opposed renewal, the tenant has until the end date in the s25 notice to protect his renewal rights on application to court (or request an extension to the end date with your...
  3. I act for a landlord of a shop and residential...

    I act for a landlord of a shop and residential upper part where the tenant doesn't use the shop, only the residential. There has never been any suggestion the tenant has deviated from the business...
  4. Provided the s25 notice is valid (and since...

    Provided the s25 notice is valid (and since you've done-it-yourself there's no way of my being able to say for certain without seeing a copy of your s25), the short answer to your question is either...
  5. if the tenancy was contracted out then the tenant...

    if the tenancy was contracted out then the tenant had no legal right to remain in occupation on expiry of the contractual term.

    Usually what happens in situations where both parties want to renew...
  6. My knowledge is somewhat rusty so i stand to be...

    My knowledge is somewhat rusty so i stand to be corrected.

    The CV is the yield or yp times the rent.
    For example, 10% = 10 YP
    10 * £94,500 = £945,000

    The time to use YPR is when the...
  7. Also does a commercial deposit need to be put in...

    Also does a commercial deposit need to be put in a dos scheme?

    No. It would normally held by the landlord or the landlord's solicitors in an interest bearing about: you would need a rent deposit...
  8. "I have withdrawn and told the seller that I want...

    "I have withdrawn and told the seller that I want nothing more to do with him. It just goes to show how careful you have to be and how unscrupulous some landlords out there are! BE CAREFUL...BE VERY...
  9. So, my questions are: 1. Am I worrying...

    So, my questions are:
    1. Am I worrying unnecessarily?

    Worrying is a personal decision: nothing to do with the facts!

    2. Have I understood the legal position on this correctly?

    On the...
  10. Where a tenant would qualify for renewal rights...

    Where a tenant would qualify for renewal rights under LTA54 (which would seem the case here) a landlord can only successfully oppose renewal where the landlord has owned the property for 5 years....
  11. Bello v Idealview Ltd [2009] I have dealt with...

    Bello v Idealview Ltd [2009]

    I have dealt with numerous matters where there is more than one review date has passed.
  12. The agreement includes the automatic renewal once...

    The agreement includes the automatic renewal once the 6 months is up presupposing you're still in the property then.

    I wouldn't have thought you need to give notice if you vacate once the 6...
  13. provided there is nothing in the lease that would...

    provided there is nothing in the lease that would give rise to time being of the essence, delay in initiating a rent review is not in itself sufficient reason, there is case-law to support 13 years...
  14. With all my years of experience, including...

    With all my years of experience, including providing advice to lawyers on the wording of documents, I would never draft a lease myself. I have experienced clients with substantial portfolios of...
  15. "(Is that normal, you pay even if you find the...

    "(Is that normal, you pay even if you find the tenant yourself through friends/family?)"

    It depends upon what you've agreed with your agents. You could suggest that should you find a tenant...
  16. Replies
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    Subject to anything in the lease to the contrary,...

    Subject to anything in the lease to the contrary, I doubt you need the landlord's consent to assign the lease for your company's interest: you could simply sell the shares in the company. Getting you...
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    The landlord is either responsible or he is not....

    The landlord is either responsible or he is not.
    Presumably you've read the lease carefully to check.
    If you feel he's trying it then instruct a solicitor to serve s26 notice: if the landlord wants...
  18. Marketing is about identifying who might want to...

    Marketing is about identifying who might want to rent the units and contacting them to find out, etc.
    You can tackle the market yourself or use agents. Agents are more likely to receive enquiries,...
  19. What rights do we have now? Same as before. ...

    What rights do we have now?

    Same as before.

    Can we sue landlord for selling?

    Probably not, depending upon whether there are grounds for reasoning part performance. You would need to...
  20. The answer to your question depends on the terms...

    The answer to your question depends on the terms of the rent deposit deed - what was agreed in writing as to under what circumstances the deposit would be returned.

    ---

    Paragraphs are not an...
  21. I aree with Lawcruncher that you could refuse to...

    I aree with Lawcruncher that you could refuse to renew the lease in July 2015 because you want the property for your own occupation, but there are other ways to get the tenant out, not least for...
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    Rating is no longer my scene but I think you'll...

    Rating is no longer my scene but I think you'll find the units would have to be structurally reconstituted so as to be capable of being used individually for the VOA to agree to reassess a split into...
  23. Assuming your existing tenancy would qualify for...

    Assuming your existing tenancy would qualify for renewal rights under Landlord and Tenant Act 1954 then the landlord can only renew by agreement if you want to, otherwise the landlord would have to...
  24. Provided you have a lease, whether or not the...

    Provided you have a lease, whether or not the tenancy is inside or outside the LTA54, it is safe to assume the security of the contractual term is 3 years, less however long you've been in the...
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    There is no going rate for compiling the SoD and...

    There is no going rate for compiling the SoD and serving but generally surveyors are mindful of the protocol. £550 plus VAT doesn't sound unreasonable to me, but does rather depend upon the extent of...
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