LandlordZONE

05

Mar, 2015

Thursday

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  1. I don't understand what the problem is. Rather I...

    I don't understand what the problem is. Rather I do understand, but…

    You signed the signed so presumably you knew or were advised on what you were letting yourself in for?

    With a rent review,...
  2. "I have been told that by law I should not be...

    "I have been told that by law I should not be paying more rent per annum for commercial premises than the rateable value which is used to calculate my business rates."

    Nonsense!

    The landlord...
  3. If it's a shop property that you are considering...

    If it's a shop property that you are considering then my ML Guide might be of interest.

    http://www.michaellever.co.uk/mlguide/mlg09/
  4. When the opposition is for redevelopment, etc,...

    When the opposition is for redevelopment, etc, there can be no claim for dilapidations. LTA1927, s18(1)
  5. although my lease says that at the end of the...

    <i>although my lease says that at the end of the lease the tenant will vacate, this is meaningless as the tenant will have the right to renew. </i>

    That is correct. The right to renew however...
  6. Nothing wrong at all with using the free gov ONS...

    Nothing wrong at all with using the free gov ONS monthly data - your link is not to the official version!
    The ONS link is...
  7. Retail Price Index increase Rent Calculator

    Is the rent keeping pace with inflation?

    To check, you are welcome to use my RPI and Rent Calculator. More details here.
    ...
  8. Retail Price Index increase Rent Calculator

    For Clients and visitors to my website, I provide a Retail Price Index and Rent Calculator.
    Index figures since 1974 are provided.
    The calculator is free to use, no obligation to use my services....
  9. I don't understand why things have to be so...

    I don't understand why things have to be so complicated.

    From what you say, notice has opposed renewal on a compensatory ground, or alternatively if a notice opposing renewal were served then the...
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    Can they continue occupying the property without...

    Can they continue occupying the property without a lease?

    Yes.

    You cannot demand a new lease as such: if the tenant want out that that's up to them. The only way to force the pace is to end the...
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    If the landlord serves s25 notice opposing...

    If the landlord serves s25 notice opposing renewal and you are not in occupation of the premises for business purposes on the end date in the notice then you'd have no right to renew. To qualify for...
  12. Replies
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    Following on from Lawcruncher's reply, one of the...

    Following on from Lawcruncher's reply, one of the grounds for opposing renewal is persistent delay in payment of rent. However, a difference exists between opposing renewal and successfully opposing....
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    Since you have asked for assurance, I do so...

    Since you have asked for assurance, I do so subject to this disclaimer: I am not a lawyer and not qualified to give legal advice. No responsibility will be accepted whatsoever.

    A s25 notice...
  14. A landlord cannot oppose renewal on ground of...

    A landlord cannot oppose renewal on ground of reoccupation unless he has owned the property for at least 5 years as at the end date in the notice.
    Assuming opposition satisfactory proven, you would...
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    Check your lease for anything that might give the...

    Check your lease for anything that might give the council the right to build on or use any part of its land without paying you compensation. If there's such a clause in the lease then you'd be deemed...
  16. A landlord may not withdraw an application unless...

    A landlord may not withdraw an application unless the tenant consents to its withdrawal s.24(2C)
    The court is likely to want to have the tenant present when the consent is given or to see clear...
  17. Rent deposit - business tenancy

    A solicitor tells me that a landlord can require a rent deposit to be provided at any time during a lease, not just on assignment or renewal. I'm told that the lease doesn't have to mention anything,...
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    http://www.legislation.gov.uk/ The 1954 Act...

    http://www.legislation.gov.uk/

    The 1954 Act itself isn't amended.
    Subsequent legislation amends the 1954 Act.

    For example:
    Law of Property Act 1969
    Regulatory Reform (Business Tenancies)...
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    "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.
  20. 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...
  21. 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...
  22. 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...
  23. 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...
  24. 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...
  25. 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...
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