The commercial lettings market remains in a state of flux. We summarise below some recent developments, relevant for both landlords and tenants, with a particular focus on recovery of rent, turnover leases and company voluntary arrangements (CVAs). Recovery of rent The landlord’s tools to recover rent have been very much blunted by recent legislation. Forfeiture … Continued
Uncategorized Insights
‘Government pledges to reform leasehold law to make the system easier and cheaper for leaseholders ‘ The Government’s announcement on 7 January 2021 outlined plans to reform the leasehold system. It has been on the Government’s radar for quite some time and the recent announcement makes clear that they are beginning to act on recommendations … Continued
Where couples are in long term relationships where they are not married, if that relationship breaks down, the parties rights against each other are not covered by family law rules. One of the main implications of this can relate to the property which the couple live in, but where that property is legally registered in … Continued
What’s a deed of variation and what are they used for? A deed of variation, in simple terms, is a formal legal document which is drafted and intended to vary another formal document, generally also drafted as a deed. Under English law, historically, certain types of documents had to be drafted as deeds, complying with … Continued