Do your due diligence! The importance of making appropriate enquiries before entering into a lease
It’s important for a tenant to understand its obligations on returning a premises to the landlord at the end of the term, before completion of the lease. The yielding up clause deals with this obligation and typically provides that a tenant has to return the premises in a good repair and condition, or otherwise in […]
It’s my way or the Highway….or is it?
The last time you reached for the Highway Code was probably when you were learning to drive. Until the 29th March you can have your say in a consultation launched by the Highways Agency concerning high speed roads. This includes the controversial smart motorway scheme and those ‘X’ signs. This consultation seeks views on proposed […]
Alternative Lease Rent models
The recent pandemic has effected many landlords and tenants with tenants struggling to pay their rent and landlords suffering losses as a result. Experts have considered various alternative models and one particular option is to move away from leases with an open market rent and instead move to a turnover based rent. Turnover rents vary […]
The first thing to do if you receive a summons for careless driving? Obtain legal advice
Woodfines’ Transport Law team has recently reported seeing an increased number of individuals receiving summons for cases of careless driving. This is usually, but not always, accompanied by allegations of failing to stop and failing to report. A common response to receiving a summons for such an offence is contemplating whether pleading guilty to the […]
Vacant Possession: What does this Mean?
If you have ever been a party to a business lease you will be familiar with the phrase “vacant possession” which would likely have been a condition that needed to be satisfied following expiry of any break notice. Generally vacant possession means that the premises must be empty of possessions or free of people. A […]
Stamp Duty Holiday – Extension Expected
It is expected that the current stamp duty holiday may be extended until June 2021. As many in the industry know, the stamp duty holiday and lockdown restrictions have created a demand and backlog of property transactions. A potential extension of the stamp duty holiday could benefit many buyers who could save as much as […]