Article Tag: property lease

Selling Leasehold Property: Points to Consider

When selling leasehold property, you should be aware of additional costs imposed by your managing agent or freeholder. Here are some important factors to be mindful of: Your lease: This document will contain all provisions that you should abide by and will confirm what additional fees could be charged. Examples of fees include: Contingency Fees… Read more »

Not a great break clause for Marks and Spencer

The Supreme Court has recently released its judgment in relation to the dispute between Marks and Spencer PLC (M&S) v BNP Paribas Securities Services Trust Company (Jersey) Limited (Paribas). This case related to M&S exercising a break clause in a lease. For those of you not familiar with leases, this is where a tenant can… Read more »