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.
Commercial rent reviews – is ‘upward only’ under threat?
If you grant a lease for more than five years, you will want to include a rent review, so that you can make sure the rent does not fall below the market average. Rent reviews in UK commercial leases are usually ‘upward only’ which means the lease rent goes up if...
Make sure you have the power to recover commercial rent arrears
Protecting your rental income is important from the outset, both when selecting a tenant and negotiating a lease. How can you put yourself in the best position if things take a turn for the worse and your tenant is late paying? ‘Some tenant...
Landsmiths strengthens commercial and residential teams with four hires
Landsmiths is excited to share that we have made four new appointments across our commercial and residential property teams, alongside bolstering our support functions. Edd Drury has joined as an associate solicitor in the commercial property team. With eight years’...
Getting your commercial property sale over the line
Even when you have agreed the key terms of your commercial property sale and have settled the documents, last-minute issues can get in the way and delay completion of a transaction. Not only is this frustrating, but it also delays the point at which you get your money...
Negotiating an agreement for lease – tips for landlords
If you have agreed a commercial letting but need to complete works before your tenant can move in, an agreement for lease is a useful way to make sure your tenant is tied in. It is a formal contract under which you and your tenant agree to enter into a lease in...