August 2022

Service Charge Caps: Emerging Trends

Across our diverse client base, on average, 1 in 6 leases benefit from a service charge cap & some of our clients are now getting caps on more than 50% of their new sites/renewals. Most of those caps are based on a figure specified at term commencement and increased annually by reference to RPI.

Landlord enhancing building to increase asset value prior to sale

Remedial work can be beneficial to both the Landlord and the occupier of a building. If your Landlord is looking to carry out works, it’s important to understand the reason behind their proposal, and investigate if you are liable to contribute to these costs. Things may not always be as they appear to be…

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