Recovery of rent arrears from ex tenants in UK with blackstonesolicitorsltd.co.uk? Some individuals review their Wills regularly ensuring that they amend them to take account of a change in family or personal circumstances. However, those that don’t may find that on their death their Wills may not reflect their own last wishes or the expectations of those they have left behind. There are a number of reasons one might wish to make a Deed of Variation, for example, to make provision for someone who was excluded from the Will, to take account of differences in the financial position of beneficiaries, or to simply pass assets on to the next generation. There may well be other financial reasons to consider. At Blackstone, we can help to ensure a Deed of Variation achieves the outcome you are looking for. It is imperative that you seek expert legal help as once a variation has been made it cannot be undone.
Why Have Shareholders’ Agreements? When setting up a company with family, friends, or other professionals you have known for a long time, it is very easy to assume that nothing can go wrong in the future. You trust one another and therefore you probably assume that you don’t need to think about putting any protections in place in case things do go wrong. You also might feel a little uncomfortable suggesting that your new business partners enter into something akin to a pre-nuptial agreement. Hopefully nothing will go wrong BUT friends, family and business partners do fall out. If you do not seek to protect yourself, you could lose out. Or your friendship could suffer irredeemably. Or you could end up involved in costly litigation.
What is an eligibility check? If you wish to transfer the ownership of a house with a mortgage to a new owner, then your lender will first need to perform an eligibility check. This enables the lender to assess whether the proposed new owner(s) of the property will be able to continue with the same mortgage. This will include whether the new owners or joint owners: Can pass a credit check, Have sufficient income to be eligible for the existing mortgage, Meet the appropriate age requirements, Have residency in the UK. What happens if the new owner fails the eligibility check? If you do not meet the requirements set out by the mortgage company, then an alternative will be to either find some way to remortgage the property or pay off the existing mortgage in order to transfer ownership.
Blackstone Solicitors has flourished since it was started by Emma Nawaz on 6th October 2010. Such was the demand for Emma’s services, that the firm has since expanded dramatically and now boasts a team of highly academic solicitors who share Emma’s passion for doing all they can to help clients get the outcome they deserve. Speaking to a member of our expert team today could not be easier. Simply pick up the phone and call us on 0161 929 0121. Alternatively, fill in our online contact form and allow us to explain why our unique approach can help you. Find extra details at Blackstone Solicitors.
Rent arrears recovery doesn’t have to be complicated, especially when you have debt recovery solicitors to help. We have won cases both inside and outside of court for landlords – even where it repossessing a property to recover the rent owed. In many instances, a tenant can simply change their contact details, hoping the landlord gives up chasing payments. Collecting unpaid rent therefore often involves discovering where the former tenant is now situated. Our solicitors are adept at locating and communicating with ex tenants who owe rent.
If a Landlord wishes to end a fixed-term commercial lease early due to a Tenant breaching the lease, then they may be able to do so if there is a forfeiture clause in the lease. The procedure for forfeiture will depend on how the Tenant has breached the lease. For example, if the Tenant has not paid rent, then there is generally no need for the Landlord to serve notice on the Tenant. If the breach is of a different nature, then the landlord will have to serve a section 146 notice. Ending a commercial lease on or after the expiration of its term depends on the security of tenure. Security of tenure is the right for the Tenant to occupy business property after the lease comes to an end. Read additional information at https://blackstonesolicitorsltd.co.uk/.