It's that simple.
Dealing with the management of a property portfolio can involve a multitude of activities. From agreeing new leases and dealing with tenant requests, to resolving service charge queries and collecting outstanding rent – the list of things to do can be extensive.
Our property lawyers can help to make the process of portfolio management easier by dealing with tenancy related matters on your behalf, and by providing legal advice and support in relation to property related issues such as permitted use or charitable status.
We will work closely with you to understand your aims and objectives, help you to make informed decisions that are aligned with what you want to achieve and support you to devise a management strategy that protects your asset base while also generating a good return.
To find out more, please call 01908 689314 and ask to speak to a member of the property team.
We can deal with:
- the grant of new leases and lease renewals;
- tenant applications and licenses;
- rent negotiation and rent reviews;
- lease termination;
- tenancy related disputes;
- property-related regulatory matters;
- portfolio development; and
- portfolio sales and acquisitions.
While attracting good quality tenants is an important part of making your portfolio earn its keep, it is also important to ensure that those who occupy your property keep it in good order, that they pay their rent and that they comply with any other obligations imposed on them.
The easiest way to ensure this happens is to get a well-drafted lease in place – the terms of which can be readily and easily enforced in the event that a problem arises.
We can support you to create leases that protect your interests, both on initial grant and where a lease needs to be renewed or regeared. We can also ensure that an appropriate rent deposit is taken and where required a personal or company performance guarantee is put in place.
And where there are sector specific regulations that apply to a specific type of property, like licensed premises or a house in multiple occupation, then we can also help you to ensure that appropriate permits are in place.
It is not unusual for occupiers to make permission requests throughout the duration of their lease and dealing with these can be time consuming.
We will advise on requests to assign, sublet or make alterations, and can deal with the issuing of lease related licenses on your behalf, for example to enable a tenant to make use of a shared carpark or a storage area.
While most tenants pay their rent on time, and discharge other payment obligations without any problem, there are occasions where monies due are not received or where payment is late. In these circumstances it is important that swift action is taken to recover what is owed and to deal with any queries which may be causing a payment delay.
We advise on service charge and rent queries, and our debt recovery team will send chasing letters and can escalate matters for further action where this is deemed appropriate.
We can also help to support you through rent reviews to ensure the income you receive from your portfolio is in line with markets rates.
Resolving property disputes
If a serious dispute arises over property issues, we have a dedicated property litigation and dispute resolution department who can help resolve disputes over dilapidations, the exercise of break clauses, the consequences of tenant insolvency, and lease termination options – including rights of forfeiture via peaceable re-entry.
Property sales, acquisitions and portfolio development
To ensure your portfolio delivers what you need, it is important for it to be regularly reviewed and occasionally restructured.
We advise on legal issues during the decision making process and support you with acquisitions, disposing of property that no longer meets your needs, or developing properties you already own to improve their appeal or to enable them to be repurposed. This extends to helping you secure any planning permissions that you may require and managing the development process, including any construction contracts.
Why choose Geoffrey Leaver Solicitors?
Our property team has an excellent reputation for dealing with the legal aspects of portfolio management and provides a fast and efficient service that offers great value for money.
We are listed as a top tier firm in both the Legal 500 and Chambers directories and have experience in managing properties for both individual and corporate portfolio owners across a range of sectors, including retail, construction, social housing and charities.
What our clients say:
“Geoffrey Leaver delivered a timely, high quality, professional service on a range of complex construction related projects.’’
Ian Potter, Head of Estates Hertfordshire Police Authority
For more information about how we can help, you can read testimonials from our commercial property clients
The Legal 500: “Geoffrey Leaver Solicitors LLP’s commercial property team is well versed in the areas of construction, property investments, planning and property disputes. Its clients include housing associations and occupiers (landlords and tenants). The practice is headed up by Darren Millis and Richard Willis.”
The Commercial Property Team
Richard Willis Consultant Solicitor
Commercial Property 01908 689315Richard specialises in Property Law, representing clients from small family businesses to large PLC’s’ He also acts for local Councils, Parish Councils, landowners, investors, developers, lenders, Housing Associations and Charities.
David Barton Consultant
Commercial Property 01908 689395David Barton joined Geoffrey Leaver Solicitors in 2014 along with his planning and property development team from Williams & Company in Ampthill. David is widely known for his expertise in helping farmers, landowners and property developers grow houses on their land. David now assists the team as a Consultant.
Georgina Page Solicitor
Commercial Property 01908 689361Georgina joined Geoffrey Leaver Solicitors in October 2014 from Williams & Company in Ampthill. Georgina completed the Legal Practice Course at Sheffield University after graduating from Sheffield Hallam University with a 2:1 in Law (LLB) and qualified as a Fellow of the Chartered Institute of Legal Executives in 2020.