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The Right of First Refusal: Part 1 - Private Sale and Section 5A Notices

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Are you a landlord looking to sell your interest in a block of flats or are you a leaseholder looking to purchase that interest? If you answered ‘yes’ to either of the above then you need to be aware of the right of first refusal and the...

Pitfalls for a person acting as a Guarantor to a commercial lease

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If you are asked to be a guarantor for a commercial lease – perhaps in your capacity as director of a company or to support a family member, there can be significant financial and legal implications. Here are some potential pitfalls to consider:...

Right to Manage and why it could work for you

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Right to Manage (RTM) is a process that enables leaseholders of flats/apartments to take over the management of their building. The right applies to leaseholders of a building or part of a building containing at least two flats. At least two-thirds of the...

Holding Over - What happens when a commercial tenant remains in occupation after the expiry of a lease?

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When a tenant, under a commercial lease, which has been contracted outside of the security of tenure provisions of the Landlord & Tenant Act 1954, remains in occupation beyond the fixed term of their lease agreement, the situation is commonly known as...

Three key clauses for Commercial Property Tenants to keep an eye on during the term of their lease

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Entering into a new lease as a commercial property tenant can be a daunting experience and it may be difficult to understand which parts of your Lease are key to understand throughout your occupation. You may feel that once your lease has completed and you...

A Landlord's Guide to Dealing with Commercial Tenants

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As a landlord in the UK, dealing with commercial tenants can be a complex and challenging task. There are many different aspects that need to be considered. Landlords need to understand the legal framework, review the rights and obligations that should be...

Lease Extensions explained

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The Leasehold Reform, Housing and Urban Development Act 1993 provides qualifying leaseholders with a statutory framework to extend their lease by an additional 90 years and reduce the ground rent to a peppercorn or to collectively purchase the freehold of a...