Articles, News & Updates

The key stages of buying a business When buying a business there are a number of key stages to the transaction that the buyer will typically go through, including considering the transaction structure, agreeing any preliminary agreements with the seller, undertaking due diligence, negotiating the main purchase document and any additional documentation, signing, exchanging and[…]

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ALIENATION The ability for a tenant to transfer (assign) or sublet its lease. BREAK CLAUSE A term in a lease that enables either the landlord or the tenant (or both) to terminate the lease prematurely, usually upon satisfying certain preconditions. DILAPIDATIONS A process for assessing the liability for repairs to a property during, or more[…]

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Residential tenants in the private rented sector in England currently pay on average £300 – £400 in administrative fees such as application fees, viewing fees, tenancy set-up fees, referencing and credit-check fees, fees for contract negotiations, renewal fees, inventory check fees, check out fees and fees for professional cleaning services. The Tenant Fees Act 2019[…]

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The practice of formally entering into an agreement to marry, distinct from the marriage itself has a long history, dating back to pre-Christian times. The advantages of making such a commitment in the past were clear, because until fairly recently marriage for most people was an economic transaction, so the period of betrothal or engagement[…]

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In May of this year, the High Court ruled on the controversial area of business rate relief: R (on the application of Principled Offsite Logistics Limited) v Trafford Council [2018] EWHC 1687 (Admin). It is generally known that a landlord of empty commercial property is entitled to business rate relief for either 3 months or[…]

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