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Thursday, May 28, 2020
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Commercial Property: The Coronavirus contagion technically known as COVID-19 originated in Wuhan, Hubei province, China but is now spreading at a rapid pace across the world. It is causing major disruption for businesses, tenants and landlords. Initially...
Retail Property: Intu, the giant UK retail property company, owner of the Trafford and Lakeside shopping centres, among others, has warned that it could go bust after suffering a £2bn loss last year.
Tenant & Landlord Breaks: A break clause is common in both private residential tenancy agreements and commercial leases, therefore it is highly advisable that both landlords and tenants are familiar with the nature of break clauses in their lease and...
Lease Agreements: Landlords of residential properties have become used to the “rules of the game” being largely governed by statute, that is laws laid down by Parliament. They govern the relationship between landlord and tenant much to the...
Commercial Property: A commercial lease is based on contract law and a contractual agreement between landlord and tenant. The rules laid down are those as agreed in the lease agreement and are largely unencumbered by statutory rules, unlike the case...
The Landlord & Tenant Act 1954 Part II deals with the leasing of Commercial (Business) Premises in England & Wales. Commercial (Business Tenancies) Landlord and Tenant Act 1954, Part II The Landlord and Tenant Act 1954 (the Act) is an important...
Commercial Property: While Brexit may be frustrating for many people, whether it can frustrate a lease has recently been reviewed by the High Court. The European Medicines Agency (EMA) is the European Union (EU) agency responsible for...
1.0  Introduction  1.1 -  At rent review, the starting point obviously is to read the lease. I say ‘obviously’ because it never ceases to amaze me just how many landlords and tenants I come across having a go at rent...
In 1978, I published a pamphlet "The Framework of Rent Review Clauses" which was given free publicity in leading law and property journals. In 1983, I published a 28-page booklet ' How to do a Rent Review’; priced at...
The above video (a 1984 documentary) is worth viewing* for the insight it offers into short-term thinking. (*Approximately 50 minutes) Some years ago, on a new development of private housing (constructed in about 1993), a friend decided to update the...