Our lease advisory department aims to assist and provide guidance to both landlords and tenants of commercial property on the following matters:
- Rent Reviews
- Lease Renewals
- Lease Restructuring/Lease surrender
- Dispute Resolution (Expert Witness work for Arbitrations, Independent Expert Determinations and Court proceedings)
Our knowledge and understanding of business leases allows us to provide bespoke and strategic advice whilst being sympathetic to our client’s own specific requirements. Experience of property markets, valuation, statutes and case law are also essential in assisting negotiations, and to achieve the best possible results.
We can assist landlords or tenants with ‘Lease extension’ and ‘Collective Enfranchisement’ cases for residential properties.
Leaseholders have the legal right to extend their lease term which will protect and enhance the value of their property.
Our expert team will assess if the leaseholder qualifies and can assist in the valuation and negotiation for either leaseholder or freeholder using their knowledge of legislation, market conditions and case precedents.
- Collective Enfranchisement
Under statutory provisions, leaseholders can collectively purchase the freehold interest of the residential building. Although the process is complex, we can assist in both the valuation and negotiation, in order to achieve a favourable outcome.