Leases - PropertyBlawg

Leases

Is holding your buy-to-let property in a “Hybrid Structure” the way to go?

April 15, 2017

As of the 6th April 2017, landlords will no longer be able to deduct all of their finance costs from their property income to arrive at their profits. Instead, they will receive a basic rate reduction from their income tax liability for their finance costs. What does this mean for my profit? It’s difficult to […]

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What You Need To Know About Enfranchisement For Freeholders

June 4, 2014

If you own the freehold of one or more block of flats, you will know how many things there are to keep track of and how there are also many legal issues and problems that can occur between you and the leaseholders. However, have you considered what would happen if the leaseholders got together and […]

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Assignment of Leases – Things to look out for and common pitfalls

March 4, 2014

As a business looking to acquire new commercial premises you will come across one of two options for leasing the property: you can take the grant of a new lease or can take over an existing lease from another business that no longer wants to occupy the space. This is known as the “assignment” of […]

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Landlord Responsibilities vs Tenants’ Dogs: Can They be Held Liable for a Dog Bite?

July 25, 2013

(US law & generally) Dog bites occur more often than many people realize and there are legal consequences for liability. Ultimate liability in a personal injury claim resulting from a dog bite is determined by the case particulars. Also included as material fact can be any clauses included in the tenant lease or property agreement. […]

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Renting business premises – frequently asked questions

July 11, 2013

How long should I rent for? A commercial lease is rarely granted for longer than 10 or 15 years and there is often a tenant break clause option from the beginning of year five, enabling you to terminate the lease. Try and negotiate a break clause if there is not one and also check the […]

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How A Criminal Record can Affect the Purchase and Leasing of Property

January 15, 2013

(Laws relevant to purchasing or leasing a property in the US). Many people may not have thought about it, but a criminal record of any type can have very long lasting and negative affects. When it comes to money, most people in today’s society are all business. As a result, many business owners, such as […]

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Are you eligible for a lease extension?

October 16, 2012

Homeowners of residential leasehold properties are recommended to consider a lease extension as soon as possible. Many homeowners are unaware they are eligible to apply for a lease extension. According to the Leasehold Reform Housing and Urban Development Act 1993, flat owners with long leases are eligible to apply for an extension. These owners can […]

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Index Linked Rent Reviews

September 24, 2012
Thumbnail image for Index Linked Rent Reviews

Proposition:  It is not safe to grant leases under which the rent is reviewed at intervals solely by reference to the Retail Prices Index (or the Consumer Prices Index).

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Legal insurance and property

September 22, 2012

Frankly, we are always surprised that the market for insurance in the legal sector is not as mature as in other areas of life and business. Stepping aside from property and residential tenancies for a moment, most of us now have myriad insurance policies for the most important things, whether life cover, home insurance, medical […]

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The Leasehold Reform Act 1967 and Commercial Buildings

September 19, 2012

Raymond Cooper is a Consultant Property Lawyer. Buyers of some commercial buildings should be aware that, although a building may be let for purely commercial use, the tenant may be entitled to acquire the freehold by enfranchisement under the Leasehold Reform Act 1967. 

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