Heads of terms solictor

In need of help

Free Member
Mar 5, 2020
16
2
Just trying to get a bit of advice for family member

family member is still pursuing a small retail unit, this has been delayed due to covid, and the solictor they had appointed has decided to no longer provide there service as nothing has moved on for nearly a yr, due to delay in local authority, yes I know it’s a terrible time to take on a unit but for some reason vacant similar units are getting snapped up straight away, they private landlords

So will be in need of another one as know it’s a minefield, the council are soon going to be replying to queries that they raised in the heads of terms just before covid happened

The landlord is local authority and it is a Full and repairing insuring lease, with the landlord repairing obligations structure, main walls and roof,

tenant directly responsible for all internal repairs and responsible under the service charge the cost of all other repairs, the unit is protected under the 1954 act. The unit is a three yr lease with a break clause at any time but need to give 6months notice.

rent is £7000pa, lease can be made longer but am I right in thinking it needs to be registered with land registerd if over 7 yrs

What concerns me when looking the break clause is for either side, so that means you could do unit out then landlord ask you to leave??? But then it says covered in the 1954 act.

They trying to get them agree that the service charge is no more than 2 months rent is that reasonable, to ask, they trying to negotiate before anything is drafted up. Before they then look for a solictor.

the unit is a on a parade of shops and they would use the ground floor and first floor, the surveyor from council said as property isn’t shared, service charge would only be say if the parade had cctv installed

as they said any changes can be costly each consent costing £400

with it being a council owned unite they have said they have to be as transparent as possibly OHh Yeah,!!!

the council have said that they will only hand unit over once electric and boiler have been passed then it is there responsibility, and handed back with a certificate once it’s over 5 yrs

However they have asked the landlord to replace the boiler as it is over 12 yr old combi and also the system be flushed the unit has been empty coming up 3 yrs now, they where lucky to catch the council electricians testing the electrics in the unit before covid and the guys said they nearly always condemn the electrics,

with regards to finding a new solicitor they preferred local as liked to talk face to face but with this covid situation that’s finding it harder, would a solicitor not local be ok, and is it worth looking for a fixed rate price, how do you know you have a good solicitor

any advice appreciated, the heads of terms from the initial solictor said it was simple, it’s only 2 pages long but it’s the meaning of each clause
 

Latest Articles