Our commercial property team have extensive experience of dealing with licences and are able to deal with these transactions quickly and efficiently.
Why (or when) someone would need this service?
A landlord or a tenant may need to give or obtain consent under the terms of a lease, for example, to transfer the lease, to grant a sub-lease or to make alterations to the premises.
How does the process work/what are the steps?
Usually it is the tenant who wishes to obtain permission of the landlord and the tenant will have to pay not only their own solicitors’ costs but also the landlord’s solicitors’ costs. The landlord’s solicitor usually provides the first draft documentation.
How long does it take?
Is it expensive? How do the costs work?
We usually work for a fixed fee, although additional charges may apply, if for example, we are asked to take references, deal with a rent deposit deed or to liaise with surveyors. We cannot ordinarily act for both landlord and tenant. Our lawyers will advise you on our fee structure for your particular transaction.
What are the things people should consider before calling?
For licences to assign and to sub-let we would require full details of the assignee and confirmation as to whether any references have been taken up for them. For licences for alterations there should be in the course of preparation a detailed schedule and plans if necessary. We would need details of the other party’s solicitors too.