Failed to register a commercial lease
I failed to register my lease and I discovered this after 2 years I also informed my landlords, so they were aware.
Unfortunately the previous owners of the lease had gone into liquidation and I tried to register the lease but was unsuccessful.
My landlord was very unhelpful but aventualy after another two years and several letters they agreed to offer me a new lease at a cost of £25,000.
I feel after the way the landlords have acted over the last 2 years to ask for a premium is unreasonable, now they have giving one week to pay the money or they withdraw there agreement.
My question is: if I don't agree there terms can the terminate my original agreement and make me vacate the property
Asked 7 years ago in Property Law
Religion: Other
Can someone answer my question please
Asked 7 years ago
The lease was a 10 year lease and has 4 year to run,
What has happen. When I discovered it was not registered and I informed landlords they didn't seem too concerned and said they would work with me to help. After a year nothing happened accept the landlords put my rent up and they allowed me to build an extension on to the property therefore increasing the rent again.
My question: can they increase the rent considering there was no lease, just a contract and would the extension be illegal as there was no lease in force.
Asked 7 years ago
So just to be clear, I am talking about a commercial lease and location is London UK.
I have checked and they say a landlord can serve section 146 notice and the tenant has 28 days to to act. Though, common reasons a landlord wants to forfeit a lease is normally because of nonpayment of rent, in my case I have paid the rent on time. My issue was I failed to registered the lease.
After making my landlord aware that the lease was not registered and we could not, because we needed a new lease to registered, the landlords were unhelpful and delayed the process, in the mean time they increased the rent, (is that allowed considering we had no lease,? Now after 2 years they have agreed that I should register the lease and have offered a new lease at a cost of £25,000.
My question. If they serve a section 146 notice on me will they win and get me out. Or should I just pay them the £25,000
Asked 7 years ago