Giving A Lease In The Uk

So, youre leasing a property. Why pay for commercial property services when youve done it all before? After all, a lease is a lease is a lease isnt it?

Well, sadly not. No two leases are the same, so you must protect your commercial interests and nail down the rights and responsibilities for both parties. The landlords responsibilities are likely to include:


Maintenance and repairs of the building
Management of common areas such as grounds, staircases and hallways
Insurance of the building

While the leaseholders obligations may include:

Keeping the inside of the property in good order
Behaving in a neighbourly manner
Payment for services, eg maintenance and repairs, building insurance etc
Payment of ground rent
Payments into a reserve fund for any scheduled major works, eg external decoration
Restrictions on certain activities without the landlords consent

As a guiding principle, the landlord is not obliged to provide any service that is not specified in the lease, and the leaseholder is not obliged to pay for anything that is not specified in the lease.

How confident are you that your property lease really covers all these angles? If you leave room for doubt, you may well regret it further down the line!

By: Sam Hawking

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Sam Hawking runs Sam Hawking & Co, a dynamic company specialising in conveyancing and UK property law for residential, commercial and agricultural clients. Licensed Conveyancer Sam established the company in Port Talbot in September 2006, and has quickly achieved a strong reputation as a conveyancing solicitor in South Wales. Join Sam's website at: www.propertysolicitorconveyancing.co.uk