Everything to know about Enfranchisement
Enfranchisement is a key concept in property law that is important for both leaseholders and freeholders. Understanding its historical context, legal definition, and the process involved is crucial for anyone involved in property transactions. In this article, we will...
Do landlords need to be registered?
Becoming a landlord can be a natural step for many. However, if you haven’t done the proper research or you aren’t used to managing the new responsibilities, there might be certain legal requirements that get overlooked. This article provides clarity on whether or not...
Can you break a commercial lease early?
One of the key steps in commercial property conveyancing is to examine the commercial lease, including each of its clauses. If you are inheriting a commercial property with existing tenants, you will also be inheriting the lease agreement. This post aims to provide...
Can two people be landlords?
Investing in property to let can seem like an intimidating prospect for first time landlords. However, joint ownership is quickly being recognised as a way to lessen the burden of the initial purchase of a rental property. Couples might also want to sub-let a room in...
Who pays for a commercial lease, tenant or landlord?
Commercial leases are legally binding contracts that exist between a landlord and a tenant that’s occupying a property for business purposes. The lease establishes the rights of both parties in entering into the agreement, as well as what is expected. There are also...
Is a commercial property worth more with a tenant?
Make no mistake, buying commercial property is an investment. This means that buyers should seek to generate a return on the money spent on commercial property purchase, either through utilising the property for business purposes or by making improvements to the...
Do landlords pay council tax?
As you likely know, council tax is a type of tax set by local authorities in order to raise money for local services. This includes rubbish collection, road repairs, funding charities, and much more. Council Tax is collected on a monthly basis, with the amount varying...
How long does it take to complete a commercial property sale?
Whether you are choosing to sell your commercial property or invest in expanding your portfolio/business, it’s important to know how long the process could take. For instance, knowledge of the timeframe will help you plan for your company’s next expansion. Having...