In challenging economic conditions, landlords must be prepared for a commercial property tenant to hit financial difficulties and for some to go out of business. If your tenant becomes insolvent, there are legal restrictions on the kind of action you can take which...
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Landlord and tenant.
How to document short-term occupation as a commercial landlord effectively
October 25, 2023 No commercial landlord wants their property empty. A vacant unit costs money in repair, insurance, and business rates, without producing any income; and it could be vulnerable to vandalism or squatters. Getting a short-term occupier into your property...
Green leases for commercial property and the new model clauses
The idea of green leases for commercial property is rising up the agenda as policies push all parts of the economy towards net zero, but many commercial landlords and tenants do not really know what green leases should contain, and who should pay for improvements. A...
The hidden risks of buying a property with a roof terrace or balcony
A home with outside space appeals to many of us, but it may be hard to find somewhere affordable with a garden or roof terrace and, even then, you may not want the responsibility of its upkeep. A balcony or roof terrace could give you that much-coveted al fresco space...
What is the registered charge on a property? Risks to be aware of
If you take out a mortgage to buy your home, a registered charge will be put in place against it by your lender at the Land Registry. The charge does not transfer ownership. However, it will give the lender important rights, including the ability to sell your home if...