The Levelling Up and Regeneration Act 2023 will give local authorities new powers to hold rental auctions of empty high street properties if landlords do not find tenants for themselves. The relevant parts of the legislation are not yet in force, but if you are a landlord of urban retail, office or hospitality premises which…

If you are selling a leasehold property, as part of the standard conveyancing process, your buyers will expect you to provide certain information about your property. There are set forms for this, including one which relates specifically to leases that asks if you are aware of any problems regarding the service charge or any complaints…

If you are considering buying a commercial property, it is up to you to find out as much as possible about the property and the surrounding area before you commit yourself. You will need a solicitor to carry out formal searches of public data and look at any legal issues, but you must also look…

The Government’s 2024 Spring Budget saw significant changes to the way property is taxed, including the imminent abolition of multiple dwelling relief. This will primarily affect investors looking to buy multiple properties at the same time, however, it could also affect you if you are buying a property that comprises more than one unit, such…

The most successful commercial landlords take an active approach to managing their properties, and there is more to this than making sure the building is well-maintained. It is also important to check that your tenants are not causing a nuisance to others or acting illegally, as if you do not enforce the tenant’s obligations in…

Research suggests that nearly a third of recent sellers have suffered gazundering, which property pundits attribute to a downturn in the market. But, in some areas, the lack of suitable properties means there is still fierce competition for homes, with buyers trying to outbid each other via gazumping. ‘It is certainly a challenging time to…

If you take a lease of business premises, your landlord may ask you to ‘contract out’ of statutory rights that apply to business tenancies. Before making that decision, you need expert legal advice to understand what rights you are giving up and how that might affect your business in the future. ‘If your business is…

When selling your home, you may recall the expression ‘buyer beware’. But what does this mean, and is it still relevant today? ‘Historically, the buyers in a conveyancing transaction have been responsible for satisfying themselves on a property’s suitability,’ explains Chloe Smart, a Director and the Head of Residential Property with Landsmiths Solicitors. ‘Nowadays though,…

Commercial tenants will know that the rent they pay is only one part of the overall cost of occupying their premises. A service charge is another significant cost and, unlike rent, it can fluctuate from year to year depending on what the landlord intends to spend on maintenance and other services. Commercial tenants keen to…

Nearly 10 per cent of land in England and Wales has never been registered at HM Land Registry, usually because the owner bought the property a long time ago or inherited it. ‘If your property is not registered, this should have little or no impact on you on a day-to-day basis. However, it could put…

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© Landsmiths Solicitors is a business name of Landsmiths Legal Limited, a private limited company registered in England and Wales under Company Number 12544060 VAT Registration No: 372 8281 77. Landsmiths Legal Limited is authorised and regulated by The Solicitors Regulation Authority firm no. 802873, with its registered office at Stoney House, 26-30 Stoney Street, Nottingham, NG1 1LL. Its Directors are Rachael Briggs, Vikhen Moothia and Chloe Smart.

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