Charlie Lynn, Partner and Litigation solicitor at Sweeney Miller Law has featured in the latest issue of Northern Insight Magazine with his top tips for landlords and tenants when it comes to lease renewals.
In the article titled ‘Terminations and Renewals: The Commercial Lease Process’, Charlie introduces the Landlord and Tenant Act 1954 and outlines why it is important for both landlords and tenants to understand their rights, and discusses the process involved:
- Understanding the Act
- Landlord’s notice
- Tenant’s notice
- When court applications may be required
- Why time is of the essence in lease renewals
Commenting on lease renewals, Charlie said: “At Sweeney Miller Law, our Property Litigation team regularly helps both landlords and tenants as leases come to an end. We are also best placed to robustly assist with any litigation issues that arise when renewals become contested and dispute resolution becomes necessary, including assistance with any court applications.
Each lease is different, and we aim to ensure that our clients get the best possible outcome during the negotiations based on their circumstances and existing lease conditions. The team works with large established commercial clients, through to fledgling businesses that may have never dealt with a renewal before.”
Expert help at the start of the process is key to securing the best terms for the future.
While negotiations can take place informally directly between parties, getting early advice from an experienced litigation team removes the guesswork from the process and ensures that the right measures are in place for the future.
If you are a landlord or tenant coming towards the end of your commercial lease term and want advice from a team of experienced and pragmatic commercial litigators, get in touch today, call 0345 900 5401, or email enquiries@sweeneymiller.co.uk.
Read Charlie’s article in full here.
