19 Jan 2021
It is the end goal of any lease transaction to achieve an agreement that satisfies both parties' needs. The lease will dictate the complex contractual relationship between the parties to a transaction and so it is essential that all of the key points are addressed. However, at the root of any…
Commercial Property
19 Jan 2021
As the scourge of Covid-19 continues to disrupt and reshape our daily lives, the Chancellor of the Exchequer, Rishi Sunak, announced a further £4.6bn relief package for businesses in the retail and hospitality sector on 5th January. The government's support package comes in the form of a…
Commercial Property
18 Dec 2020
The recent High Court case of Capitol Park Leeds v Global Radio Services Limited [2020] EWHC 2750 serves as an important reminder of the potential pitfalls for tenants who must provide vacant possession as a pre-condition to exercising their break option. Facts Global Radio Services Limited…
Commercial Property
11 Dec 2020
On 1 October 2020, The Department of Enterprise, Trade and Innovation published the Code of Conduct between Landlords and Tenants for Commercial Rents. The Code provides guidance for commercial Landlords and Tenants whose lease arrangements have been negatively impacted by Covid-19 and will remain in…
Commercial Property
09 Nov 2020
Introduction The economic implications of Covid-19 have presented an array of financial difficulties for both landlord and tenants in commercial leases. With tenants struggling to fulfil their rent obligations under their lease, there are important considerations that both parties should have in…
Commercial Property
27 Oct 2020
The recent High Court decision in Pullman Foods Ltd v The Welsh Ministers and another [2020] EWHC 2521 (TCC) (23 September 2020) provided a stark reminder of the potential pitfalls for tenants in relation to yielding up obligations. Pullman Foods Limited ('the Tenant') was the tenant of a…
Commercial Property
21 Oct 2020
In its consultation paper - 'Transparency and Competition: A call for evidence on data on land control' - the Government has set out its aims to increase competition in the housing market through transparency in property transactions, with the hope of encouraging small and medium-sized…
Commercial Property
28 Aug 2020
1 September 2020 marks a significant change in planning legislation, with the introduction of three new Use Classes to the Town and Country Planning (Use Classes) Order 1987. The changes aim to support high street revival by introducing flexibility to planning legislation in light of changing demands…
Commercial Property
26 Aug 2020
As the economic implications of COVID-19 are taking effect, landlords and tenants across the country are seeking to alter the terms of their traditional Lease agreements, as a means of offering relief to both parties. Turnover Rent Leases, whilst seen as an alternative arrangement that predominantly…
Commercial Property
12 Aug 2020
The number of new homes being built each year in the UK continues to rise. According to NHBC's annual new homes statistics, this has risen by more than 80% over the last decade and in 2019 alone, 161,022 homes were registered with NHBC. At Forbes Solicitors we have a specialist team in our…
Commercial Property
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