Landlords Losing Out say Stephensons Solicitors LLP
Commercial landlords could be losing out on the true value of an investment, due to a number of avoidable issues, and a lack of awareness concerning property law.
Commercial landlords could be losing out on the true value of an investment, due to a number of avoidable issues, and a lack of awareness concerning property law.
That is the verdict of Stephensons Solicitors LLP, who explain that simple procedural improvements could boost the value of a commercial property.
When leases are not drafted correctly, or regular rent reviews are not carried out, the value of an investment can suffer. This could also be the case if a tenant carries out work to a property without the landlord’s consent.
But property owners are also losing income because they are not aware of the provisions of their leases and clauses which allow them to charge for a number of services they provide to commercial tenants, including management duties and other outgoings that the landlord typically covers.
In order to maximise the financial return of a commercial property investment, Stephensons Solicitors LLP have launched the Landlord Protect package, a bespoke service designed to protect and improve a long term investment.
The commercial property experts at Stephensons provide a full review of leasehold agreements and highlight areas for improvement in future leases. They will identify missed billing and fee income opportunities, including the ability to claim arrears, and the report provided will even include a diary of key dates to ensure that landlords do not miss rent reviews, landlord break opportunities and even the end of a lease.
Clients can choose between two Landlord Protect packages:
- An individual lease report is available for £175.00 plus VAT and £50.00 per additional documentation, such as a license to assign or authorised guarantee agreement.
- A report package for landlords with five or more tenants, available for a reduced fee of £125.00 plus VAT per lease and £50.00 per additional documentation.
Landlord Protect also entitles clients to a number of additional benefits including:
- Free membership to the Carry on Driving road transport law helpline; available 24 hours a day.
- Free membership to the Constant 24 hour helpline, for legal advice on issues such as buying and selling a home, relationship and childcare matters, accident claims and more.
- Free quarterly newsletter.
- Free invitations to property seminars and events.
- A dedicated relationship manager.
Terms and conditions apply. Find out more about Landlord Protect here and for more information on expert legal services by Stephensons visit www.stephensons.co.uk or call 0333 344 4776.
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property law- Contact Information
- Lianne Tracey
- Public Relations Executive
- Stephensons Solicitors LLP
- Contact via E-mail
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