Commercial property lease – the dangers of not taking legal advice There are lots of costs involved for a tenant when considering taking a commercial property lease – you might be paying a premium, a rent deposit, and may also have agreed to pay a contribution towards...
Rent Review – how does it work? This article on Rent Review is the third in Herrington Carmichael’s series of articles explaining the importance and impact of specific clauses in commercial leases. Commercial leases usually contain rent review provisions, which allows...
Stamp duty holiday pressures causing professional negligence claims 2021 saw a hectic 12 months for the housing market. Demand for moving home soared with buyers spurred on by the stamp duty holiday savings. This led to many buyers and sellers hoping to complete their...
Rising cost of construction contracts – impact on contractors and clients In recent years, the construction industry has been hit with a torrent of obstacles, seeing prices rise significantly, with seemingly no relief on the horizon. Whilst many projects are now...
Tenant Liquidation – A Guide for Commercial Landlords There has been significant focus recently of the effect of tenants unable to operate their business. Unfortunately, we are seeing an increase in tenant liquidation during this downturn in the economy. As a...
Calling all landlords – serving valid notice With 4.43 million private renters in 2021, it is easy to understand why property investment is so popular. Landlords may wish to recover control of their property for many reasons, whether that is to carry out renovations,...
