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Ending a commercial lease early in Manchester, UK

Posted by Beatrice

Shareholder disputes in Manchester, UK by blackstonesolicitorsltd.co.uk? The Wills and Probate team at Blackstone Solicitors is here to help you and we can assist with every aspect of advising upon a Deed of Variation. This is the process whereby it is possible to vary a testator’s will We have considerable experience in this area of law and can advise you throughout the process. We can also help with all the documentation to ensure you achieve everything you are hoping to through a Deed of Variation. Contact us today and we can talk you through our services and how we can help you and your family. Simply call us on 0161 929 0121 or complete our online enquiry form and a member of the team will give you a call back as soon as possible.

Our expert team is highly experienced in helping with the creation of bespoke shareholder agreements that meet the needs of all involved. We can provide pragmatic advice to ensure any such agreement correlates with your objectives and expectations, and has your best interests at its core. Find out more about how our shareholder agreement solicitors can help you by getting in touch today. Simply call us on 0161 929 0121 or complete our online enquiry form and a member of the team will be in contact to discuss matters further.

What is an eligibility check? If you wish to transfer the ownership of a house with a mortgage to a new owner, then your lender will first need to perform an eligibility check. This enables the lender to assess whether the proposed new owner(s) of the property will be able to continue with the same mortgage. This will include whether the new owners or joint owners: Can pass a credit check, Have sufficient income to be eligible for the existing mortgage, Meet the appropriate age requirements, Have residency in the UK. What happens if the new owner fails the eligibility check? If you do not meet the requirements set out by the mortgage company, then an alternative will be to either find some way to remortgage the property or pay off the existing mortgage in order to transfer ownership.

Blackstone Solicitors has flourished since it was started by Emma Nawaz on 6th October 2010. Such was the demand for Emma’s services, that the firm has since expanded dramatically and now boasts a team of highly academic solicitors who share Emma’s passion for doing all they can to help clients get the outcome they deserve. Speaking to a member of our expert team today could not be easier. Simply pick up the phone and call us on 0161 929 0121. Alternatively, fill in our online contact form and allow us to explain why our unique approach can help you. Find extra info on Blackstone Solicitors.

What will I need to do during the rent recovery process? Blackstone Solicitors will perform the vast majority of work during the rent recovery process. We understand that chasing money can be exhausting and stressful, which is why we take appropriate steps to alleviate the burden. All we need from you are copies of: Property ownership documents, Details about the tenant, The tenancy contract, Evidence that you did not receive the money you are attempting to claim back, Evidence that the tenant left your property within the last six years.

If the lease grants security of tenure, the lease will continue after the expiry date if the Tenant remains in occupation of the property for business purposes. In this scenario the Landlord or Tenant must serve one of the following notices to terminate the lease: Section 25 notice – if the Landlord wishes to determine the lease and can satisfy one of the grounds in section 30 of the Landlord and Tenant Act 1954, serving a hostile section 25 notice will prevent the Tenant from taking a new lease. Examples of grounds under the Act include breaching repairing obligations, persistent delays in paying rent or the Landlord redeveloping the property. Section 26 notice – if the Tenant wants to terminate the lease, a section 26 notice can be served. Find additional info on https://blackstonesolicitorsltd.co.uk/.