Quarter days explained
Many leases provide for annual rent to be paid in four equal instalments “on the usual quarter days” and clients are often surprised to learn that these are 25th March, 24th June, 29th September and 25th December. What are the usual quarter days? These days are not, as one might expect, the first days of […]
Building Safety Act and Fire Safety Act 2022: Implications for landlords
The Building Safety Act 2022 introduced a considerable amount of new legislation focused on the remediation of building safety defects in existing buildings. The Regulations have been introduced following the Grenfell disaster and have been designed to shift responsibility for the payment of remediation costs from leaseholders to developers and landlords. In doing so the […]
Is subletting an option for unwanted office space?
With multiple economic pressures facing businesses, many are looking at their expenses to see where money can be saved. After salaries, rent is often a business’s largest expense. Post-COVID, many companies have already made investments and adaptations to make working from home possible, and some may well be questioning whether they can save funds on […]
