When there is a dispute over property – commercial or residential – a client needs to know that their legal advisor will first aim to resolve it and mitigate any risks – and only when this route has been exhausted should they turn to litigation.
With a team of 17, we advise in relation to commercial, residential and mixed use schemes and development disputes. We deal with all landlord and tenant issues including rent arrears, forfeiture, lease renewals, dilapidations claims, and service charge disputes. We also have experience in rent review, insolvency, real estate disputes and property related professional negligence claims.
On the commercial side our clients range from developers to institutional investors and funds - including Aberdeen Standard Investments, F&C REIT Asset Management, Rockspring Property Investment Managers - major office and retail tenants, private estates, charities, and high net worth individuals. Acting for both sides ensures that we are alive to the concerns and priorities of each so that the advice provided is well rounded.
On the residential side our team has significant experience in the Central London marketplace, advising landlords of large mixed use estates (The Crown Estate, The Phillimore Estate and The Corporation of Trinity House) and also residential investors and tenants of high value blocks in London and the suburbs. Our clients include both landlords and tenants covering all aspects of residential estate management, boundary and party wall disputes and also on enfranchisement and right to manage claims.
Commercial rent recovery restrictions extended to 31 March 2021 and review of commercial landlord and tenant legislation to be launched
Further to our update in September, last week the government announced that it will be further extending the forfeiture moratorium deadline, as well as the timeframe on restrictions on a landlord’s right to exercise CRAR and issue winding up petitions.
The devastating impact of UK lockdown on the high street has been put into sharp focus, as the Arcadia Group (which owns brands including Topshop, Burton and Dorothy Perkins) has confirmed that it has filed notice to appoint administrators. Arcadia follows Debenhams, Cath Kidston, Jaeger, TM Lewin and a long list of other household names who have taken similar action since March this year.
The Government has announced that the current legislation which prevent landlords from forfeiting commercial leases, or levying execution on the tenant's goods by way of CRAR to recover outstanding rent, will be extended from 30 September 2020 until 31 December 2020 to provide further protection for tenants who have not paid their rents or other sums due under their leases.
Covid-19 and commercial property rent recovery: new code of practice and restrictions on remedies to be extended
On 19 June 2020, the Government published the Code of Practice for commercial property relationships during the COVID-19 pandemic ("the Code"). The Code was drafted by a Working Party comprising landlord and tenant representative bodies.
With substantial sums still outstanding for the March Quarter, landlords face an even tougher battle collecting rents for the coming June Quarter. This Guide looks at the options likely to be available in light of Government action to date and future likely restrictions.