Early termination of commercial lease in Manchester, UK with BlackstoneSolicitorsLtd? Regardless of the complexity of the Deed of Variation, our solicitors have the experience and specialist knowledge to help you achieve an outcome that protects and fully represents you and your loved ones. We will take the time to make sure you fully understand the documentation and its objectives. We are 100% committed to ensuring each and every one of our clients receives the highest quality service and we will go the extra mile to ensure that you are happy with the results gained. We understand it can be particularly difficult to deal with matters relating to death and inheritance, and this is why our friendly and approachable team always take a sympathetic and understanding approach, ensuring that you receive the support you need.
The company’s constitutional documents, the articles of association, will help to some extent, but are unlikely to offer a shareholder full protection. A well drafted and thought through shareholders’ agreement can regulate your relationship in order to protect you and provide assurance to you all that various scenarios have been considered and catered for. Often one partner feels that they have put many more hours in than the other and if you have a shareholders’ agreement, this can usually be easily resolved. It is hoped that even if you do have a shareholders’ agreement drawn up, you won’t need to rely on it but if you haven’t put one in place it would be a shame to be in the position of wishing that you had! It is much easier to agree the terms of the shareholders’ agreement before you start making money than afterwards, as naturally people become more protective and in turn difficult about the terns of the relationship Protect the business and protect your investment in the business.
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.
Why are we better for you? We stand out from the crowd because we care about every case we take on, and doggedly fight to get the result that is fair and right. This is reflected in our ethos of passion and tenacity, which we follow at all times. We understand clients want a law firm to fight their corner every step of the way. We are: Passionate about each and every case, Willing to pursue what we think is right, Highly experienced in getting the right results for our clients, Highly academic – both in our background and our approach, Proud of the work we do. Read additional information at Blackstone Solicitors.
Once we have the necessary information, we will pursue the case on your behalf, getting in touch to update you on developments as much or as little as you’d like us to. How can we help you? We are committed to speedy resolutions, so if you are happy with all the necessary arrangements and fees, our solicitors will get to work on reclaiming your debt right away and aim to get your money back in a matter of weeks. Our solicitors are equipped with the knowledge and expertise needed to support you in your bid to recover unpaid rent from ex tenants. We offer debt recovery services for landlords and letting agents of all sizes. Our North West office is built to support anyone based in the Cheshire and Greater Manchester regions as well as Nationwide.
A break clause is written into the commercial lease from the outset and allows a Tenant (and even a Landlord) to end a lease early by serving a notice on the other party. The lease will set out certain requirements that must be followed to ensure the break is valid, for example, the Tenant may be required to give the Landlord notice that they wish to enact the break clause, and all outstanding monies due must be paid. On the other hand, a Tenant may find that the preconditions set by the Landlord mean that the break clause is, in reality, incapable of being exercised. If both parties opt out of the legislation as part of the lease, there is no automatic right to security of tenure. Under these circumstances, a Tenant can vacate the property without providing notice by informing the other by writing. If a Tenant refuses to vacate the property, the Landlord will usually need to undertake possession proceedings. See more details at https://blackstonesolicitorsltd.co.uk/.