Updates from the team and the world of property law.
Here we unpack what’s happening in the world of property law. From legal updates and market trends, to practical tips for buyers, sellers and commercial landlords, this is where we share insights that matter.
You’ll also find a window into life at Landsmiths. Find out what our team’s been up to, celebrate our promotions and successes, and meet the newest faces in the office.
Risks of buying a property from a mortgagee in possession you should know
As mortgage interest rates remain high, more homeowners are struggling financially. While a repossession is a last resort for lenders, the number of them is increasing and the trend looks likely to continue. However, it is an ill wind which blows nobody any good. If...
What are your rights when a commercial property tenant goes bust?
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...
How to confidently sell a property quickly to get out of a mortgage
With the rising interest rates, you may be looking to sell a property so you will no longer have the burden of a mortgage. The Bank of England estimates that a million households could see their monthly mortgage repayments increase by £500 over the next three years....
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...