On 16 June 2021, the government announced that the restrictions on commercial forfeiture for unpaid rent arrears has been extended until 25 March 2022. The restrictions, which have been in place since 26 March 2020, were due to be lifted on 30 June 2021....
Our commercial property solicitors work with landlords, tenants, investors and owner occupiers in the management of their property portfolios. As the range of properties extends both in terms of geographic location, industry sector and type of premises the complexities of managing a portfolio also becomes more time consuming and challenging. We can help you manage your portfolio by advising on the legalities at every stage from acquisition or lease through to termination and disposal.
Managing properties is commonly based around the framework of The Landlord and Tenant Act. When dealing with mixed property portfolios at different stages of their lifecycle, you need to be sure you are fully aware of your responsibilities. Timings and deadlines are critical in effective management to make sure key dates are not missed, which could result in extensive costs and a lack of continuity for your business. In addition to this, poor asset management will lead to reduced financial returns and profitability.
We understand that our client’s portfolios are unique, so our team is focused on creating straightforward and effective reporting systems that meet our client’s needs so that key milestones are anticipated and streamlined. Call our highly experienced commercial property team on 01616 966 229 for a free, no obligation initial chat with one of our legal advisors.