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Legal Blog

Keep up with news, updates, and expert legal insights from the team at Templecorporate.


How long does a lease extension take?

08 Mar 2023

A lease extension is a contract between parties (the freeholder and leaseholder) that adds a continuation period to a long lease and replaces the current lease with a new one. Mortgage brokers are unlikely to lend money on a property with a short lease, therefore, people tend to extend their lease when they are about to sell their property, to ensure that it is more valuable to future owners.

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Top Tips for Signing a Commercial Lease

21 Dec 2022

Occupying a commercial property is typically one of the most significant investments a business will make. Commercial leases are notoriously complex, so it is essential to be cautious and assess all relevant information, preferably with the assistance of a trusted solicitor, before signing the lease.

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What is a fixed-rate mortgage?

15 Nov 2022

When buying a house, especially for the first time, you will be faced with a variety of challenges, including selecting a mortgage broker and mortgage deal, before facing the conveyancing process with the support of a trusted solicitor.

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What is a zero-hour contract?

05 Oct 2022

A zero-hour contract is an employment agreement between an employer and an individual. The term ‘zero-hour contract’ is a non-legal term.

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Stamp Duty Land Tax Update

26 Sep 2022

Following Chancellor Kwasi Kwarteng’s mini budget on 23 September 2022, the Government is cutting Stamp Duty Land Tax (SDLT) with the aim of driving economic growth. It has since published a Factsheet outlining how the changes will affect homebuyers.

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Commercial Property: Unresolved Covid Rent Arrears

08 Sep 2022

For those commercial tenants of viable businesses who have made as yet unresolved written proposals to landlords in respect of pandemic related rent debt pursuant to the Commercial rent code of practice following the COVID-19 pandemic - GOV.UK (www.gov.uk), a timely reminder that if you are entitled to make an application for arbitration in respect of protected rent debt which potentially covers arrears for the period 20 March 2020 to 18 July 2021, the deadline to submit applications to an authorised arbitrator is before 23 September 2022.

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