Deed of variation in UK? The Wills and Probate team at Blackstone Solicitors is here to help you and we can assist with every aspect of advising upon a Deed of Variation. This is the process whereby it is possible to vary a testator’s will We have considerable experience in this area of law and can advise you throughout the process. We can also help with all the documentation to ensure you achieve everything you are hoping to through a Deed of Variation. Contact us today and we can talk you through our services and how we can help you and your family. Simply call us on 0161 929 0121 or complete our online enquiry form and a member of the team will give you a call back as soon as possible.
When to put in place a Shareholders’ Agreement? We would recommend that you enter into a shareholders’ agreement when you set up your company and issue the first shares. You will also be putting in place the company’s constitution at that time (the articles). It is a good time to have a discussion about how the business should be run and what the expectations of the shareholders are with relation to the investment they are putting into the business. If it is straightforward to put together a shareholders’ agreement that should bode well for the future. If you can’t agree on what to include that should set alarm bells ringing! If you leave it until the business is more established, it could be even trickier to reach agreement.
Are there any restrictions on transferring the ownership of a property with a mortgage? In addition to passing your lender’s eligibility checks, there are other factors that could prohibit you from transferring the ownership of the property with the existing mortgage. These include: If the property is buy-to-let and one of the ‘new owners’ intends to live in the property, If a person being removed from a mortgage will still be living in the property – at the very least they will need to waive any rights to occupation. Conditions vary from lender to lender and so it is important to get in touch with them as soon as possible in order to find out if there is anything that could affect your ability to transfer ownership.
Unafraid to stand up for what we believe in, we pursue claims thoroughly and are never deterred when hurdles arise. We like to be the ones to steer the case in the direction we want, and we keep our clients informed at every twist and turn. Our extensive understanding of the law is coupled with a wealth of business experience that stretches across all levels. This is a feature that runs through our entire team, arming us with the tools to take on cases of every complexity. See more details on https://blackstonesolicitorsltd.co.uk/commercial-property-services/terminating-a-commercial-lease/.
What will I need to do during the rent recovery process? Blackstone Solicitors will perform the vast majority of work during the rent recovery process. We understand that chasing money can be exhausting and stressful, which is why we take appropriate steps to alleviate the burden. All we need from you are copies of: Property ownership documents, Details about the tenant, The tenancy contract, Evidence that you did not receive the money you are attempting to claim back, Evidence that the tenant left your property within the last six years.
If a Landlord wishes to end a fixed-term commercial lease early due to a Tenant breaching the lease, then they may be able to do so if there is a forfeiture clause in the lease. The procedure for forfeiture will depend on how the Tenant has breached the lease. For example, if the Tenant has not paid rent, then there is generally no need for the Landlord to serve notice on the Tenant. If the breach is of a different nature, then the landlord will have to serve a section 146 notice. Ending a commercial lease on or after the expiration of its term depends on the security of tenure. Security of tenure is the right for the Tenant to occupy business property after the lease comes to an end. Read more information on here.