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Monday, May 20, 2024

Get Estimates for Lease Renewal

Are you commercial tenant?  Do you need to end a Lease?  Have you received a section 25 notice from your lanlord terminating your Lease or offerring you a new Lease under new terms?  if so can introduce you to a chartered surveyor to help you in this situation. 

Are you buying or planning to rent a commercial lease?  If yes, then expert property advice should be taken to arrange sales of Leases, assignments or sub-lettings of the Lease as well as at Lease Renewal.  There are many decisions that need to be made in either creating or renewing a Lease, property experts should be used to reduce the risk of entering into an agreement that you may not completely understand. 

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If you are looking to take a new Lease of a property there are many terms to get advice and agreement on, as well as taking advice over what the rent should be.  Also are you looking for a shorter Lease with Break Options to allow flexibility, or are you looking for a longer Lease to delay the risk of the Lease not being renewed.  If you would like to speak to a Chartered Surveyor please fill in the form above.

Filling in the form above will give you the contact details of Surveyors who specialize in Lease Renewals.  You will be able to make direct contact with the experts to discuss your requirement in more detail.  Before instructing a property expert to represent you or carry out work for you, please ensure that your chosen property expert has the relevant qualifications, licences, experience and insurance to provide the level of service that you require.  There is of course no obligation to use any of the property experts that you have been introduced to.

Do you already have a Lease?  Are you looking to change some of the terms of the agreement, are there terms that insist that Landlord’s consent is required beforehand.  Is your lease about to expire?  Are you looking to negotiate new terms for a new Lease.  If so it may be appropriate to discuss the situation with a Chartered Surveyor.   It is important to seek professional advice early when looking `at negotiating the renewal of your lease, or even the process of ending your Lease.  Depending on the wording and the terms of your Lease, the action of finishing your Lease may need works being carried out on the property as well as the possibility of Legal Services being served on the Landlord.  At the end of a lease a dilapidation survey may need to be carried out to confirm any outstanding works that may be needed to uphold the obligations of the Lease.

If you intend on renewing the Lease, then it is important that you confirm if your Lease entitles you to a new Lease or if indeed the Lease is outside the Act and it is the Landlords discretion as to whether a new Lease is offered.  It is important that you know your position early, so get an understanding of your Lease position.  A Chartered Surveyor who has a good knowledge of Landlord and Tenant Law will be a good guide in this situation. 

Lease Expiry | Lease Renewal | Lease Negotiation – London, UK

If you offer Landlord and Tenant Advice, Rent Review or Lease Renewal services and you want to find out more about being listed on this website, please click here.

All of the above information is for guidance only, it is not to be considered property advice.  Contracts entered into are between the Client and the individual member firm. acts as the introducer only.

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