You will need to login as a member to access this page. This resource is available for members of:
Propertymark membership gives you the credibility of being part of a respected association along with access to a whole host of resources.
Use the button below to find out more about becoming a member and the full value of membership.
As many towns and cities embark on substantial regeneration projects, there is huge potential in the medium and long term in delivering prolonged growth across many commercial channels and as time progresses, we expect to see a substantial keenness from many investors.
The Act is a cornerstone of commercial property law, offering security of tenure to business tenants while balancing landlords’ rights. However, Propertymark believes it is time to modernise the Act to reflect today’s challenges, including Minimum Energy Efficiency Standards (MEES) and fairer lease agreements.
Although we see key aspects of the economy stabilise, the commercial property sector continues to face challenges, as many business sectors evolve to keep pace with ever-progressing trends and shifts in demand.
Under Part 2 of the Landlord and Tenant Act 1954, most business tenants in England and Wales have the right to renew their tenancy when the current lease ends, with limited grounds for landlords to refuse. With 55% of UK commercial property rented, the Law Commission is consulting on whether this system remains effective for today’s commercial lease market.