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Land Registry Fee Increase

HM Land Registry fees for first registration and the registration of transfers, leases, mortgages of property will increase. This will affect both scale 1 and scale 2 fees.   For all electronic applications, the fee will be increased by 11% - most applications are done this way. As it saves time and money for both clients and conveyancers.   For applications done by post, the fee will be increased by 21%.   These changes are coming into force on 31st January 2022.   It is imperative that all…

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The Section 26 Notice and what this means for commercial landlords and tenants

Here we look at the tenant’s section 26 request for a new lease. Before reading on, it is worth checking to make sure that your lease is not excluded from this applying, and that your lease is a tenancy as defined by the 1954 Act (the “Act”). Landlords often exclude leases so that tenants don’t have as much protection. We’ll look at tenancies a little later.   The Section 26 request As long as the tenancy does not exclude the Act, is not…

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The Section 25 Notice and What This Means for Commercial Landlords and Tenants

Here we look at Landlord’s section 25 notice to terminate a commercial lease. Before reading on, it is worth checking to make sure that your lease is not excluded from this applying, and that your lease is a tenancy as defined by the 1954 Act (the “Act”). Landlords often exclude leases from these provisions so that tenants don’t have as much protection. We’ll look at tenancies a little later.   The Section 25 notice   If a landlord wishes to end a commercial lease…

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The Section 25 Notice and what this means for commercial landlords and tenants

Termination of a commercial lease under section 25 Introduction Tiger takes a look at the landlord’s section 25 notice under the Landlord and Tenant Act 1954. Here we look at Landlord’s section 25 notice to terminate a commercial lease. Before reading on, it is worth checking to make sure that your lease is not excluded from this applying, and that your lease is a tenancy as defined by the 1954 Act (the “Act”). Landlords often exclude leases from these provisions so that tenants…

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Property worries during Covid-19 lockdown

If you are a commercial landlord or tenant, what does the Coronavirus Act 2020 mean for you ?   BREAKING NEWS!! Matters are moving so quickly that since preparing this article on 31 March 2020, the following update needed to be added ! Working in retail, hospitality or leisure business? Two reliefs are available for businesses in these sectors: A holiday from business rates for the 2020-2021 tax year. Cash grants up to £25,000 may be given to businesses in…

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