The most successful commercial landlords take an active approach to managing their properties and commercial tenants, and there is more to this than making sure the building is well-maintained. It is also important to check that your commercial tenants are not causing...
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Gazumping and gazundering – perils in an uncertain market
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...
The essential tenant’s guide to business leases and ‘contracting out’
If you take a lease of business premises, your landlord may ask you about ‘contracting 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...
Important information you must provide when selling your home
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,’...
Commercial service charges – a helpful guide for tenants
Service charges are a 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 will know that the rent they pay is only one part of the overall cost of...