Performance bonds and guarantees

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Performance bonds and guarantees

Needless to say, a construction project depends for its success on the contractor performing its obligations under the construction contract. This guide gives an overview of the methods used by developers to protect themselves against default by a contractor.

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Landlord duties around certification

Landlord duties around certification

When granting a new commercial lease, a landlord is obliged to supply certain certificates and information to its tenant, but what information? Anna Zatouroff, a Senior Associate in our real estate team explains.

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The construction industry scheme

If your company is spending more than £1m annually on construction operations, it is likely that a withholding tax scheme operated by HMRC will apply to the payments you make. Non-compliance can involve severe penalties. This guide provides an overview of the scheme.

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Construction procurement

The different types of contract used in the construction industry are numerous and varied. This guide gives an overview of the available methods of construction procurement.

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Tips on negotiating Heads of Terms on property transactions

Tips on negotiating Heads of Terms on property transactions

Getting a set of heads of terms that fairly describe the terms of a new letting is a balancing act. Too little detail in the heads of terms and you risk encountering unforeseen commercial or practical obstacles in a transaction when you are already well advanced in your legal negotiations. Too much detail at the heads of terms stage and you risk wasting time by ‘rehearsing’ the negotiation of the deal itself.

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Update to the MEES Regulations goes live

Update to the MEES Regulations goes live

An amendment to the Energy Efficiency (Private Rented Property) (England and Wales) Regulations 2015 (known as the MEES Regulations) comes into force on Monday 1 April 2019 which may require action from landlords where a property has an EPC rating below E.

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Anatomy of turnover rents in retail leases

Anatomy of turnover rents in retail leases

A look at turnover rents – when they are used, how they work and what the pitfalls might be.

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Repair –v- compensation for Disrepair (Part 3)

In this final instalment our commercial property partner Michael Higgin explains how dilapidations claims are pursued and whether a tenant might do the required repair works or not. 

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Repair –v- compensation for Disrepair (Part 2)

In this second of three instalments our commercial property partner Michael Higgin explains Schedules of Dilapidations and how forfeiture for disrepair might occur. 

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Repair –v- compensation for Disrepair (Part 1)

In three instalments our commercial property partner Michael Higgin explains a tenant’s duty to repair its premises and looks at what compensation it may need to pay for not doing so.

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Understanding Authorised Guarantee Agreements

Our commercial property partner Michael Higgin explains what an AGA is, and what its enforcement means in practice. 

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Clarity is restored on the status of held-over leases

Michael Higgin, Partner in the commercial property team, comments on the restoration of normality in cases where tenants holdover premises, the Court of Appeal decision in Erimus Housing.

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