• 0161 696 6170
  • Request a callback
Stephensons Solicitors LLP Banner Image

Landlord waivers

What is a landlord waiver? This is a document between a landlord and a lender who provides a loan to a tenant for which the tenant gives security over their assets contained in the property. The landlord’s waiver allows the lender to enter the premises to enforce security over the tenant’s assets if the tenant defaults on their loan repayments. Without a landlord waiver, the lender would first have to obtain permission from the landlord to enter the property. 

Landlord waivers are applicable to the majority of business loans, involving assets taken as security and most lenders will request a landlord waiver before agreeing to the loan, in order to prevent additional complications in the event of a default. 

Excellent4.6 score on Trustpilot
Rated 4.6 / 5 Based on 2177 reviews
Read all reviews

Obtaining a landlord waiver

Not all financial arrangements taken up by the tenant will require a landlord waiver, but some lenders will not sign off on a transaction without one. 

A landlord knows that, if a company they lease property to starts to struggle, that company will be in danger of going out of business if they cannot reimburse their lenders, which means the landlord will lose a paying customer in terms of rent. 

Stephensons are the experts when it comes to business and landlord and tenant law, and if you are having issues concerning landlord waivers relating to your business loans, our team of leading business law solicitors can advise you on your options, and the best steps to take for your business. 

To find out more about Landlord Waivers in relation to business loans, and how Stephensons can advise your business on the best practices for obtaining and handling landlord waivers, get in touch with us today on 01616 966 229.

loading staff

Update on the Renters' Rights Bill

Following the bill’s report stage in the House of Commons on 14 January 2025, the Second Reading took place in the House of Lords on 4 February 2025. This session provided the members with an opportunity to debate the main principles and...

Read more

How we draft tailored shareholders' agreements

A well-drafted shareholders’ agreement is the cornerstone of a successful business partnership. It not only defines the rights and responsibilities of shareholders but also provides clarity in areas like decision-making, dispute resolution, and future...

Read more

Business recovery team reorder

  • Louise Hebborn
  • Julie Hunter
  • Andrew Whitehead
  • Sophie Chilstone
  • Jade Fairhurst
  • Neil Marshall
  • Georgia Gaffney
  • Aaron O'Brien
  • Matthew Smith