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Session 1: Heads of Terms, length of leases and the Leases Code
- Ensuring the Heads of Terms are in enough detail, relevant and right for the current market
- What should be added to the Heads of Terms that can make all the difference to lease negotiation – issues to consider earlier in the process
- Update to the Lease Code
- Length of leases and security of tenure – minimising the potential problems down the line when it might be too late to do anything about them
- Impact of shorter lease terms on both parties
Session 2: Break clauses and Rent Review
- Break clauses – what’s realistic and what’s not? What’s achievable and what’s not?
- Conditionality in Break Clauses
- Impact of the Lease Code
- Rent review – a comparative study of the different types of rent review
- Ways to vary rent and emerging trends
- Impact of COVID-19
Session 3: Alienation & Energy efficiency standards
Alienation:
- Rights to assign
- Rights to underlet
- Occupation sharing provisions
- Restrictions in the current market and likely trends
Energy efficiency standards:
- Minimum Energy Efficiency Standards (MEES) clauses
- Important compliance in commercial property
- What further legislation is in the pipeline?
Session 4: Uninsured damage & Service Charges
Uninsured damage:
- The impact of agreeing or not agreeing to Uninsured Damage Provisions
- Negotiation between parties and getting the balance right between tenant and landlord
Service Charges:
- A review of the Service Charge Code
- Service Charge Caps