Landlords need to ensure they comply with tougher new tenancy deposit rules which came into effect on 6th April.
If they fail to do so, they could face fines and find it harder to evict tenants.
The new rules are part of the Localism Act, which redefines the way landlords should protect the deposits given to them [...]
Break clauses are a good way for businesses to hedge their bets when moving into new premises.
Taking on a long or medium term lease offers them stability if their business thrives, while the break clause gives them the option to pull out after a certain period if things don’t go as well as expected.
However, the [...]
Many buy to let landlords buying a new property rely on the valuation carried out by the surveyor acting on behalf of the mortgage lender.
Until now they have been reasonably secure in doing so because the law accepted that these surveyors owed a duty of care to the purchaser. It meant that if the valuation [...]
A commercial tenant failed to exercise a break clause correctly because it was still carrying out repairs to the leased premises after the day it should have given up vacant possession.
The case involved a company that had two break options on a warehouse that it leased. The first date was for April 2009 and the [...]
US Fashion Brand Max Studio has opened its first stand alone store in the UK, at Cheshire Oaks Outlet centre.
The hugely successful US fashion brand owned by fashion designer Leon Max has over 30 stores in the US and in 2009 opened several concessions in the House of Fraser Department stores.
Leading Chester Law Firm acted [...]