MEES – Unintended Consequences

As dawn has now broken on a new age of property legislation and energy efficiency in the form of the MEES Regulations (Minimum Energy Efficiency Standards) we have awoken to the issue which is created by the high proportion of commercial properties which are mid-way through a lease term with an energy efficiency rating of…

Read more

£450,000 Saved for Client upon Lease Renewal

Underwoods have recently completed negotiations and documented a lease renewal on behalf of tenant clients saving £450,000 over the term of the new lease. With the current lease not due to expire until March 2016 the occupier can now forecast rental outgoings with certainty over the next 5 years up to the rent review. The…

Read more

Seek Lease Renewal advice to create capital value

A month doesn’t go by without somebody writing about extended permitted development rights. These measure were bought in by the Government primarily to provide impetus to an ailing Town Centre commercial property market slain by contemporary trends towards out of town retailing and modern purpose built office parks. With a buoyant local residential market and…

Read more