Commercial Property
Abolition of the two-year rule for leaseholders
This change has come into force as a result of the Leasehold and Reform Act 2024 (LRA2024), which abolished this requirement. The LRA 2024, with
This change has come into force as a result of the Leasehold and Reform Act 2024 (LRA2024), which abolished this requirement. The LRA 2024, with
Designed to promote environmental sustainability and energy efficiency, they aim to reduce carbon footprints and enhance building efficiency. These agreements include clauses requiring landlords and
Significant restrictions which applied to landlords’ ability to recover commercial rent arrears from tenants have now come to an end.However, it is important to note that the Act only affects a limited number of specific rent debts.
In an effort to revive and reenergise the declining footfall throughout high streets and town centres, the government has introduced new use classes and permitted development rights (‘PDRs’) as part of an initiative titled ‘Project Speed’.
On 9 January 2020, the Law Commission, published their report on options to reduce premiums payable by flat owners (“tenants”) to their landlords to extend the term of their lease or buy their freehold interest.
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