on your side

Commercial Property Category

17th June 2019
If you have been gifted a property or have acquired one at a significantly reduced price, you may wonder at your good fortune. What you may not have considered, however, are the potential implications of the Insolvency Act 1986 (as amended by the Insolvency Act (No 2) Act 1994) and its long-reaching impact. If at some point in the chain of title, which includes all…
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24th April 2019
Option agreements and promotion agreements have become increasingly popular both with landowners and property developers – so what are they, when can they be used, and what differentiates one type of agreement from the other? Option and promotion agreements are ways of extracting capital from land with development potential. Both types of agreement give entitlement to an interest in the land – either to the…
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04th April 2019
Last year marked the centenary of votes for women – this year marks a different centenary: it is 100 years since women were admitted to the law profession. Although Eliza Orme became the first woman to gain a law degree in 1888 it was not until 1919, an astounding 31 years later, that women were permitted to take any part in the legal profession as…
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01st February 2019
Imagine you own a building you have earmarked for redevelopment but, in the interim, you would like to continue earning returns on your investment in order to meet costly outgoings. So you agree to grant some short-term one-year leases to your existing tenants. One tenant has expressed an interest in staying a little longer and, because that suits your circumstances, you agree to give them…
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18th January 2019
When acquiring a property your solicitor is likely to recommend you undertake a variety of searches to get the full picture before you buy. A legal title review will not uncover every potential issue, so it is a good idea to undertake additional due diligence via a highways search with the relevant county council. This type of search will show the extent of the public…
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16th November 2018
Many commercial property clients grapple with the question of how to categorise and document the occupation of a property. Whilst many landlords would like to get an occupier into their property as soon as possible, to cover the running costs for example, it is important to take care with the paperwork and ensure the documentation accurately reflects the intention of both parties from the outset…
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24th September 2018
Before buying a leasehold property it is important to understand there are fundamental differences between leasehold and freehold property ownership. Buying a leasehold property does give you the right to own the property – but only for the length of your lease. Many leases have long lives, up to 999 years in some cases, although where there is a leasehold interest there will also be…
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12th January 2018
If you are planning to sell or let a property it is important to be able to produce all the necessary documents that your buyer or tenant will expect to see as part of their investigation process – delay at any stage of your transaction will have a knock-on effect on the deal and could even put interested parties off altogether. So, what is it…
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27th October 2017
Since a High Court ruling in 2016 regarding the sale of a South London property by a fraudster claiming to be the registered owner, more emphasis has been placed on protecting properties from property fraud. Unfortunately it is possible for skilled impersonators to sell your property or take out a mortgage without your knowledge, leaving you with the debt or without the property. Some properties…
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13th October 2017
It is surprisingly easy to become someone’s business partner. Legally, a partnership exists when two or more persons carry on business in common with a view to profit. So if you and your friend carry on a business activity, hoping to make some money from it, you may well find that you have started a partnership. It really is as simple as that. Precisely because…
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