Letting in the UK

Written by admin on March 15th, 2011

Let us help you find your dreamhouse by following our links to some of the top Letting Agencies around the UK.

1st Asset
Prime Location
Net Lettings Right Move
Serviced Apartments Haart
Urban Residential UK Letting Agents Directory

If you are looking to stay in Hotel Accommodation in the UK, take a look at the following booking providers:

Tenerife apartments
247 Apartments
New Forest Hotels
Luxury Hotels Italy
Luxury Hotels Scotland
luxury hotels Spain
Hotel Offers Dubai
Luxury Accommodation Scotland
Blackpool
Serviced Apartments Glasgow
Gibraltar Hotels
 

Commercial leases – a checklist of terms

Written by admin on July 15th, 2014

When leasing business premises, it’s vitally important that both the landlord and tenant understand their obligations before signing a commercial lease. Whilst the tenant is essentially agreeing to rent the property for a fixed term for a specified rent, commercial leases are, in general, lengthy legal documents setting out the obligations of both parties in an effort to try and regulate the relationship as precisely as possible. The tenant in particular must be fully aware of the obligations because these can be onerous. In this article we consider the most important terms of a commercial lease agreement.

Written commercial lease

Whilst it is not a requirement in law to have a written commercial lease agreement, it is not recommended to rent premises without one. The commercial lease should specify clearly:

  • the term of the lease and any break clause
  • the rent and rent review arrangements
  • the deposit
  • the permitted use
  • the right to assign or sublet the property
  • repairing obligations
  • service charges
  • security of tenure
  • prescribed clauses.

Term of the lease and break clause

The length of the lease should be clearly stated together with any break options. A break clause allows either the landlord or tenant to end the lease before the end of the fixed term. This can be useful for a tenant who is finding it difficult to pay the rent due to falling profits, or, on the other hand, for the landlord who wants to redevelop the property. To end the lease early, the conditions set out in the break clause must be met, the most important one being giving the required notice. If notice is given even one day later than specified, the right to end the lease early will be lost.

Rent, rent review and deposit

The lease agreement should clearly state the amount of rent payable, whether VAT is applicable and the frequency of rental payments. Any deposit should also be stated and the terms upon which it will be held and returned. A rent review clause allows the rent to be adjusted to the current market level and must state the date when the rent is to be reviewed, how the rent will be determined and how any disputes should be settled.

Permitted use

The commercial lease sets out the permitted use of the property being let. It is to the tenant’s advantage to make this clause as broad as possible e.g. “for any legal purpose or business”, but if not, the tenant should specify any intended or future uses.

Assignment and subletting

The lease should allow the tenant to transfer or sublet the whole of the property with the landlord’s consent, which must not be withheld unreasonably. Any sublease will be on the terms contained in the original lease agreement. It is common in subletting clauses to get a written guarantee from the transferor that the transferee will perform his obligations under the lease, if so requested by the landlord.

Repairing obligations

The tenant’s repairing obligations will depend on whether the property is part of a building or the whole building. When renting a whole property, the tenant is usually responsible for repairing and maintaining it. Where the property is part of a building, the landlord usually carries out repairs and recovers the cost from the tenant by way of a service charge. In most cases, the landlord insures the property and the tenant repays the premium to the landlord.

Service charges

If the landlord is to provide services such as heating and lighting etc these should be listed in the commercial lease and the tenant should ensure that his liabilities are appropriate to the premises being let.

Security of tenure

At the end of the term, the tenant generally has the right to extend the lease unless both the landlord and tenant have agreed before signing the lease that this right will not apply. This is referred to as “contracting out” and means that the security of tenure provisions contained in the Landlord and Tenant Act 1954 are specifically excluded. The landlord must serve a prescribed notice on the tenant and the tenant must sign a declaration accepting the consequences of contracting out. Tenants should take advice before agreeing to contracting out.

Prescribed clauses

Since 19 June 2006 any lease agreement granted for a term of more than 7 years by an owner of registered land must commence with a set of prescribed clauses known as clauses LR1 to LR14. These clauses set out the basic terms of the lease which can be seen at first glance by the Land Registry or anyone looking at the lease. Landlords should include clauses LR1 to LR14 in all new leases, even those for 7 years or less, since the Land Registry aims to introduce a requirement in the future that all leases for terms of more than 3 years are subject to registration.

Where necessary, seek the advice of one of our preferred lawyers or chartered accountants in the matter of commercial leases.

 

 

 

 

A touch of Fibreglass for home roofing

Written by admin on June 14th, 2013

Often a rental property that  property agents take on are in need of repair before fit fro rental.  Apart from cracked windows or condensation, there’s always the roof to think about. Home buildings  insurance can cover this, but quite often the repair is incumbent on the landlord to foot the bill financially.

 I remember in the mid 80′s how popular fibreglass became for repairing almost any object in need of repair. My Dad used it on his vintage car repair projects, partly because he couldn’t get the hang of arc welding.  The garden wheelbarrow which was over 20 years old and laden with rust morphed into a fibre layered box on wheels  – in fact fibreglass almost became an obsession. So why is fibreglass so suited to repairing the likes of roofs?

Well it won’t stretch or shrink in fact the dimensional stability is on average 5% less than the thermal expansion of E glass. It also boasts excellent thermal properties – glass fabrics will dissipate heat more rapidly than asbestos material or organic fibers. A fibre glass yarn is also twice as strong as steel wire. So all these advantages and it is still more cost effective than other synthetic and natural available materials.

Fibreglass offers a number of benefits as a roofing solution. Before fibreglass came into fashion bitumen and asphalt were the preferred materials for flat roofs, but they can be dangerous because they require heat for effective installation. Bitumen is still used by some companies but it is a higher risk application and does not have all the benefits as fibreglass for flat roofs.

Fibreglass is a liquid resin that can be applied cold for a flawless flat roof that looks good and lasts longer than any other known material. It is so durable it can last for up to 40 years, making it ideal as a long term solution, and ensuring that the roof lasts as long as the rest of the house.

Because the surface and finish of fibreglass is smooth and seamless it does not leak or crack over time, in the same way as slate or roof tiles. It is also watertight and waterproof and impermeable to water, ensuring that leaks do not occur and making damp highly unlikely from your roof. Even if your roof is flat, making use of fibreglass means you do not have to worry about water pooling and leading to leaks and further damage. Because it is so durable it does not require much maintenance, making it a cost-effective alternative.

It is also resistant to leaks because it doesn’t need stone chippings, and moss and lichen cannot grow on its surface, making it a perfect solution for homes that have been built in high rainfall areas. Home owners who make use of fibreglass for their flat roofs will not need to worry about treating the roof with fungicides.

In addition to flat roof solutions, it can also be used to cover balconies and walkways complementing the roof structure. Aesthetically it also looks great. Fibreglass has a smooth finish and makes for clean edges, which means it can work to the advantage of just about any style of home or architecture. Fibreglass is also available in up to 1000 colours, which means that you can find the ideal shade for your home, to complement your existing paint work and colour scheme on your house front.


Anthony Ferns is a seasoned roofing contractor based in Sheffield, South Yorkshire with over 25 years in the roofing industry and installing fibreglass roofing in homes and commercial property. Roof Dry have qualified roofers on hand who are trained in all areas of health and safety aspects of roofing construction.

Alternatively, If you are based in the area of Essex and looking at Fibreglass roofing systems, then take a look at www.cybglassfibre.co.uk who provide premium tough and durable fibreglass roofing. Available in 3 shades of grey, the premium plus option comes with a 20 year guarantee and a fire retardant certification (BS476 part 3 F.A.B).

 

Serving the Landlord Community

Written by admin on November 22nd, 2012

Landlords often face the problem of inadequate knowledge and a lack of training when it comes to dealing with any problems that occur with tenants. Landlord support services offer you a whole host of services that means when it comes to dealing with tenants you will have the appropriate capacity to smoothly negotiate and go along with proceedings. There are several ways in which they can help you:

Sorting out tenant evictionsIf a breach of contact has occurred or the tenant has not complied with the regulations stipulated in the tenancy agreement then as a landlord you are entitled to serve notice. Landlord Lawyers’ services enables you to understand the processes available and the appropriate channels through which to pursue them, as there are several ways of going about tenant evictions. The advice given ensures you take the right channels and sort out as swiftly as possible a reasonable solution to the matter.

Further supporting information can be found on Shelters advice page.Training courses to help you manage affairs

Many landlords often complain about not being given the appropriate training by which to conduct their affairs. As law concerning deposits as well as tenant relationships is a rapidly developing part of legal administration, so it is essential that you and your staff are trained to the correct degree. This makes the whole process of maintaining your property that much easier. With new regulations being put in place concerning the management of deposits as well as the process of serving notice and taking possession, the need to fully understand the situation is now an imperative for all landlords. Professional training courses now gives you comprehensive training with regards to these matters to minimise any problems. These trainers are fully experience ensuring that no stone is left unturned which will make your future dealings that much easier.

Managing Court Proceedings 

Unfortunately the need for court proceedings often occurs when a tenancy agreement is breached or the property vacation date is not met. In these cases the need to go to court to settle the matter becomes apparent. In this instance, expert advice is available that clears all the confusion that normally occurs with a court proceeding and will make your case much stronger, for Section 21 and Section 8 proceedings.  Full documentation is undertaken by us at LandlordsLawyer and we are also able to provide representation in court if necessary to, which means that the appropriate support for your case is at all times provided.

 

University Living: Looking for and Letting a Flat in Islington

Written by admin on June 13th, 2012

Graduating from finishing school is a great accomplishment – you’ve made it through those horrid adolescent years, you’ve grown out of your boring uniforms, and your bicycle has finally found a permanent home in the nearest lake. Now, your adult years have come and it is time to join the ranks of University students. Yes, that means that you are now a responsible and independent person, but that is just the beginning. Now is the time to ring up the local letting agency and begin your search for a flat near your place of study.

A letting agent is more than just a professional with properties to show, they are also experienced men and women who know more about the area of Islington than many other people know. It is their job to know the best districts for University students – if you want a quiet, less busy street, they’ll find you one. If you prefer the hustle and bustle of the active avenue, they will find you the perfect flat to let nearest the center of the action. Finding a flat closest to the grocery, the department store, and transit is easy for the Islington letting agent you choose, but there are a few things you need to do before picking up the telephone to give them a ring. The owner from Hanley Estates advises prospective property searchers to “research the area thoroughly and know what you want  -  look for local amenities, tube stations and cycle path routes if this is what you desire. The more information you tell them, the easier we can find a letting for you.”

First thing’s first, you need to make a list of the things you’re looking for a in an Islington property. How many rooms? How many bathrooms? Full kitchen, or kitchenette? First or second floor?  Available street parking? Roof top garden?  The list can grow as long as you’d like, but keep in mind that the more you want out of your perfect flat, the more it will cost you. Next, you’ll want to decide if you’re willing to share your flat with other students. While living alone may be ideal for some students, there are those that cannot afford the rent on a flat by themselves. If you’d prefer to let a property with others, you need to discuss that with the local letting agent. They will be able to provide you with information on where to look for flatmates and some might even provide you with tips on how to deal with sharing your flat with others – it’s not quite like sharing a room with a sibling.

The next thing you need to do before signing on the line for your Islington flat is make sure that you know how much you can afford. As stated before, if you cannot afford to let on your own, you need to consider rooming with a flatmate. If you are employed before attending University, your chances of finding a quality flat are higher, simply because if you earn more, you can afford a better space.

 

 

How to Sell Your Home: avoid stuck sash windows

Written by admin on March 7th, 2012

When it’s time to sell your home, it’s important to pay attention to detail to ensure you sell your home quickly and take advantage of every sales lead.

There’s plenty of stories of people not being able to sell their home and scratching their head wondering why no one is putting in an offer, and with other houses around you selling straight away.  Presentation and first impressions is everything – it’s a common phrase, maybe over used but it’s so true.  Here’s the worse case scenario when showing someone around your house…I was viewing a home in South London recently and this is what happened…

I was lead the seller through the hall way and immediately noticed a dirty carpet, with a slight pungent smell.  Doors had paintwork chipped and there was a smell of cooking fat coming from the kitchen.  I proceeded to the living room and tried to open a couple of the sash windows but they were stuck and I also noticed some rotting on the outer window sill.  I was then lead upstairs and into the bedroom where the bed was unmade and kids toys left strewn all over the carpet. I had lost interest by this time and due to a poor initial impression it put me off looking further. As well as the poor presentation, overall the house was in a poor state of repair with poorly decorated walls and lights poorly fixed to the ceiling.

To avoid these common mistakes, prepare your house for sale properly – it will be worth it in the end;

So what can you do to increase your chances of getting that quick sale?

- clear the clutter. Relegate all unnecessary objects to obscurity  - in cupboards, filing cabinets, drawers.

- repaint walls to neutral colours to create an airy and spacious feel, allowing natural light to reflect off the walls.

- make sure the external part of the home is well maintained as well – roof tiles, sash windows, garden path, house entrance etc

- buy some flowers or pot pourri and ensure the home has a nice aroma, but not too strong.

If you’re selling a period property, a common problem is stuck sash windows or windows that are in need of repair or maintenance.  For reliable sash window repairs and a favourable quote, get in touch with RepairaSash – the trusted sash window repair and restoration company in London.

 

 

How to choose a good letting agent

Written by admin on July 14th, 2011

The reputation of Letting Agents makes many would-be landlords reticent to put their properties on the market, with concerns about honesty and reliability. Andy Smith of 1st Asset Management (www.1stasset.co.uk) offers his tips on how to navigate the crowded Letting agency markets of Knightsbridge, Belgravia and lettings Chelsea.

“The key thing that will make an agency successful in selling your property is their experience in the market as a whole, and their enthusiasm to sell your property in particular.”

“Choose an established local letting agency with good industry accreditations – such as membership of NALS, and make sure they’re using all the big property portals to market. Go with your instinct – if they’re slow to return calls to you – or seem generally uninterested in you as a client, then imagine how dismissive they’ll be to prospective tenants!”

1st Asset is a Property Lettings and Sales company with a difference. Our focus on customer service and professional excellence extends to every part of the company. Whatever your property lettings, sales or management needs, our experienced property professionals will be happy to help 24/7.’