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Commercial Lease Heads of Terms

Commercial Lease Heads of Terms

Commercial lease heads of terms, often referred to simply as “heads of terms” or “deal memorandum,” are a crucial initial document that outlines the key commercial and legal terms agreed upon between the landlord and tenant before the formal...
Title Checking

Title Checking

Title checking is a crucial step in the process of buying real estate, ensuring that the property’s title is clear and free of any legal encumbrances. When dealing with a registered title, the process involves examining the official records kept by the land...
Anti Money Laundering

Anti Money Laundering

Anti-Money Laundering (AML) regulations play a crucial role in preventing the illicit flow of funds through various financial transactions, including property purchases. These regulations are designed to detect and deter money laundering activities by establishing a...
Restrictive Covenants

Restrictive Covenants

Restrictive covenants on property are legally binding agreements that impose limitations or obligations on the use and development of a specific piece of land. These covenants are typically included in the property’s deed and serve various purposes, such as...
Personal Guarantees

Personal Guarantees

When a company takes out a mortgage for purchasing or refinancing a property, the lender will usually ask the company directors to give a personal guarantee.  This is an additional layer of security for the lender – a “second bite of the cherry” should the company...
HMO Properties: What You Need to Know

HMO Properties: What You Need to Know

HMOs are popular investments for landlords and offer many benefits. However, they are more complex than standard buy-to-lets, with strict compliance rules. What does HMO mean in property? HMO stands for House in Multiple Occupation. HMOs are properties with multiple...