A landlord could not get round the requirement to make a “demand for payment of the service charge” within the 18-month time limit specified in law. That was the ruling of the Court of Appeal in a case involving a landlord that held the head lease of the residential parts of a large mixed-use development.
Property Finance & Secured Lending
Gaining access to finance, whether it is for commercial property investment, acquisition, expansion, development or property portfolio diversification is often crucial.
Talk to one of our friendly and experienced team on 01582 514000
There are a number of finance options available – and, through our network of trusted property advisors, we can help our clients gain the advice needed to secure the most appropriate finance option. These options may include:
- Loan facilities secured on a property
- Mezzanine finance (hybrid or debt and equity finance)
- Intergroup charges
- The perfection of security (the additional steps to enforce the security against third parties such as a liquidator).
- Advice on loan applications
- Joint ventures
We are experts in acting for lenders on purchases of commercial property. We pride ourselves on carrying out due diligence effectively which ensures that your security is guaranteed.
We also assist borrowers with their lending. We are on the panels of the majority of the major lenders and are able to guide you through the process and the legal impacts of the loan.
Related Resources (View more resources)
Join Edward Tomlins-Gill and Holly Baker as they discuss the issue and common problems of incorporating standard terms and conditions.
Read our latest article on how Covid-19 has presented an array of challenges for the commercial landlord and tenant sector.
Innovative legal solutions all under one roof.
Machins offer a full range of commercial services and our Property Litigation team are able to advise on any disputed landlord and tenant or property issue – whether Covid-19 related or not!