|
Solution
Your landlord has the right to bring your tenancy to an end at the end of the lease or agreement. He does this by giving you a notice under section 25 of the Landlord and Tenant Act 1954.
Although the notice is designed to terminate your lease and bring your occupation to an end, in most cases the landlord will say that he would not object to you applying for a new tenancy (assuming you have not breached the terms of the lease or that he does not wish to redevelop the property or occupy it for his own purposes).
If the landlord is prepared to grant a new lease, he must specify the terms of the proposed new agreement, such as the length of the lease and the rent.
Since 1st June 2004, the law relating to the renewal of business tenancies has chaged, and the requirement to respond to the landlord's notice is not as strict as it used to be, but it is wise to obtain the appropriate advice as soon as you receive a notice.
Lawrence Tattersall Chartered Surveyors can advise you on these matters, take up negotiations on your behalf and bring the issue to a successful conclusion. Telephone Paul Taylor, Andy Hart or Edward Wright for advice.
|