How JustAnswer Works:
  • Ask an Expert
    Experts are full of valuable knowledge and are ready to help with any question. Credentials confirmed by a Fortune 500 verification firm.
  • Get a Professional Answer
    Via email, text message, or notification as you wait on our site.
    Ask follow up questions if you need to.
  • 100% Satisfaction Guarantee
    Rate the answer you receive.
Ask wingrovebuyer Your Own Question
wingrovebuyer
wingrovebuyer, Senior Solicitor
Category: Property Law
Satisfied Customers: 737
Experience:  Bachelor of Laws (Honours); PG Diploma in Law; Member of ALA; 9 years' experience
22732369
Type Your Property Law Question Here...
wingrovebuyer is online now

WE CURRENTLY HAVE COME TO THE END OF OUR COMMERCIAL LEASE.

Customer Question

WE CURRENTLY HAVE COME TO THE END OF OUR COMMERCIAL LEASE. WE ARE CURRENTLY HOLDING OVER AS OUR PREVIOUS LANDLORD HAS GONE INTO RECIEVERSHIP AND THE NEW BUYER HAS NOT YET COMPLETED. OUR DIRECT DEBIT HAS NOT BEEN TAKEN AND THERE ARE NO PROVISIONS IN THE LEASE ABOUT RENT LIABLE OR HOLDING OVER. I AM CONCERNED ABOUT THE RENT DUE. WE HAVE PROPOSED SIGNING A NEW LEASE AT A REDUCED RENT BUT HAVE HAD NO REPLY.
I WOULD LIKE TO KNOW OUR LEGAL POSITION PLEASE
Submitted: 3 years ago.
Category: Property Law
Expert:  wingrovebuyer replied 3 years ago.
wingrovebuyer : Hello. Is your lease excluded from Part II of the Landlord and Tenant Act 1954 (ie did you receive and countersign a notice before completing the lease)?