Landlord and Tenant

Kingsley Napley’s established Real Estate team has acted for landlords and tenants for many years, building up considerable knowledge in this area.

Our team advises both landlords and tenants in relation to agreements for lease (including pre-lets), leases, re-gearing of leases assignments; licences, authorised guarantee agreements, rent deposits and surrenders.

We also advise on a variety of potentially complex issues including:

  • The interpretation of leases e.g.  rent review clauses and service charge provisions
  • Tenant  insolvency – rights and remedies
  • Exercising  break clauses
  • Lease renewals under the Landlord and Tenant Act 1954 together with any tactical considerations

In our experience, the more you can agree in the heads of terms, the faster the transaction will proceed. By instructing a solicitor at the outset whilst negotiating the heads of terms they are better able to highlight any key points and apportionment of risk. This will ensure the heads of terms strike a fair balance between the parties and the transaction proceeds more quickly.

The team also advises clients on any reconfiguration of their clients' occupational requirements, whether divesting themselves of space or seeking new space. By ensuring our clients know that they are in safe hands, they can concentrate on running their own business. 

Tenants – Things to think about

  • Term (or length) of the lease to be entered into
  • ’54 Act implications
  • Break clauses – flexibility and impact on rental levels
  • Repair
  • Alienation
  • Alterations

Whilst these points give food for thought they are not the complete picture and you should speak to one of the team for specific guidance based on your commercial requirements. You may also find the two blogs below of interest:

Where your heads are at (Where your heads are at)

Heads of Terms – key pointers for a commercial tenant

 

Landlord – Things to think about

  • Term
  • Security / covenant strength
  • Investment value
  • Tenant ‘mix’ in the portfolio / location
  • Clean investment – preservation/enhancement of value
  • Insurance issues

 

Landlord and Tenant Comment

View all

Blogs

Renting out your home or buy to let property on Airbnb could land you in hot water with your mortgage lender

Are you a “responsible” host? Airbnb enforces 90 night annual limit for London hosts

Check your lease before you list for Airbnb – a warning of the pitfalls of leasehold covenants

Immigration Act 2016: Government tackling illegal migration or passing the buck?

Government publishes guidance on changes to tax relief for residential landlords

Severing a joint tenancy may be easier than you think

Landlords’ Right to Rent check obligations – mind the data protection, equality and criminal sanctions traps

Office fit-outs: Are you aware of the insurance risks?

Deregulation Act relaxes restrictions on short-term lets in London

‘Right to rent’ checks must begin – more responsibilities for landlords

Rent Act tenants and vacant possession – the key to unlocking development potential

The Immigration Act 2014 - private landlords to check on tenants' immigration status

Beware of Mayoral Community Infrastructure Levy (“CIL”)

Key considerations when exercising a break clause

Break clauses in commercial property

Changes to the law of distress – more red tape for landlords?

Assured shorthold tenancies – one less banana skin...

Vacant retail property - how to deal with unwanted Christmas traders

Heads of Terms – key pointers for a commercial tenant

Empty Rates temporary relief scheme for newly built commercial sites

A history lesson for property owners: will the chancel repair liability changes affect you?

Tackling illegal immigration in privately rented accommodation - issues for landlords

Landlords and Managing Agents take note - the importance of getting the address right

Squatting becomes a criminal offence (again)

Making recoveries from judgment debtors owning property

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Let us take it from here.

+44 (0)20 7814 1200

enquiries@kingsleynapley.co.uk

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