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The agent contacted us immediately made an appointment, kept it and talked us through the whole process. Would happily recommend this service
29th February 2024
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An excellent and informative service which is easy to use for a fraction of the Main Street price.
22nd February 2024
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Brilliant service, I got instant quotes and responses for potential solicitors. They solicitors took time to explain my various options and recommendations. Thank you
05th February 2024
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All four companies suggested contacted me. I have arranged an appointment with one of them to sort everything out. All very straightforward - Thank you.
31st January 2024
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I received two quotes and two telephone calls from your selected companies. The two quotes I received were for less than 60% of the quote I received from a local company. I am very pleased with your recommendations and the ease of using your services.
27th January 2024
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I was contacted almost straight away by 2 companies and a third company contacted me on the next working day. I am pleased so far with my choice.
24th January 2024
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I approached a recommended solicitor and he was very helpful and put my mind at ease regarding the power of attorney process. His prices were lower than I'd been quoted with other solicitors. I would recommend using The Law Superstore to everyone. Thank you.
11th January 2024
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01st January 2024
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Within 18 hours I had been contacted by all four companies either by phone and/or email. My husband and I now feel prepared with all the information we need and will be deciding which to go with. This has been very easy so far and I have recommended The Law Superstore to a family member.
23rd December 2023
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Very simple to use and the prices were much more competitive than the extortionate rates I was being quoted locally. It has all been very easy.
13th December 2023
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Sent a good few solicitors to deal with my problem and had a quick response from all of them. The site is very easy to navigate. Very impressed, highly recommend.
06th December 2023
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Instant response. Home meeting arranged within 24 hours. Advice taken and work started immediately.
23rd November 2023
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I tried a Google search with limited success! But this put me in contact with local solicitors who contacted me almost straight away! Great resource.
23rd October 2023
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19th October 2023
How to create a new leaseholder agreement as a tenant
As a commercial tenant, it’s important that you and the landlord complete the correct documentation so that all terms provided are officially agreed upon.
A leaseholder agreement can be written up and signed with the support of a legal adviser. With their help, what should be included in the leaseholder agreement before signing can be determined. They can also liaise with the landlord’s representatives. If any issues arise regarding the terms of the agreement, such as someone breaching them, your legal advisor will take the necessary action.
If you're renewing a commercial lease, we still suggest speaking to a legal expert, as it can be a lot more complicated than just continuing on with a similar lease. Legal changes in your industry, or with the quality of the property can have an impact on your lease agreements.
New business lease as a landlord
As a landlord, there are things you need to be aware of so that the running of your leasehold goes smoothly. On top of your leaseholder agreement, we would recommend ensuring you have landlord insurance. This will cover legal expenses or emergency assistance cover should there be any unexpected trouble at the property. You'll also need to get an energy performance certificate. As a landlord, you’re legally required to ensure a valid certificate is available to your tenants. Making energy saving changes to the property may also be necessary if your EPC score exceeds a C rating.
New business lease as a tenant
As a tenant, you should be prepared to assess and sign a leasehold agreement with your landlord. This is written up and put in place by a legal expert so that all parties are aware and agree upon a certain set of parameters for the tenancy.
With this leasehold agreement in place, it’s important to stick to the signed stipulations. If you fail to, the landlord and their legal advisor will be able to take action against you. Rules include things like paying your lease on time and maintaining the property. There may also be limits on what you can do in the property.
Frequently asked questions
What is a new leaseholder agreement?
A new leaseholder agreement is a contractual agreement signed by the landlord and the tenant when a property is being leased. Within the agreement are terms and outlines that detail the stipulations of the tenancy so that both parties are aware of the obligations of the exchange. It's important to choose an expert lawyer with lease experience to support you in protecting your property longterm, and ensuring you're getting the best deal. You can also learn more about the cost of agreeing a commercial lease.
Can the terms of a lease be changed?
Yes, lease terms can be changed after the agreement has been signed. Both sides must first agree to any changes that take place before this can be actioned so that no shifts in the regulations are forced upon the other party.
We recommend discussing with your legal advisor if you want to alter your leaseholder agreement.
What is lease renewal?
It's easy to think 'I'm simply renewing, I don't need a solicitor' but there are so many instances where things outside your control could have changed since your initial lease was signed. For example, there might have been changes in the law that will impact your business lease. Works may have been done by either the landlord or tenant. The break clauses may need to be updated, or there are agreements you've made in person but need to be put into the paperwork.
It's also worth being aware that if your new lease is over 7 years, it will need to be registered with the Land Registry. It's important you use a solicitor for a lease renewal.
What legal action can you take for a breach of lease?
Should there be any breach of your leaseholder agreement, with the help of a legal advisor, action can be taken. Legal action can include claims for damages for any loss suffered as a result of the breach, or an injunction to prevent the leaseholder from continuing to commit the breach. A forfeiture of the lease can also be enacted, if necessary.
Speak to your legal advisor to get a stronger understanding of how you can be supported should your leaseholder agreement be breached.
How do I get a leaseholder agreement?
To create a leaseholder agreement, you’ll need to speak with a legal expert who will advise you on what you should include in it. Your leaseholder agreement might outline the property’s pet policy, any restrictions on excessive noise, and the length for which the tenant’s rental period lasts. Legal support in the creation and signing of this document will ensure you as the landlord and your tenant are clear on the expectations around living in the property.
