Websters Accountants - Property Accounting & Property Auditors

Thursday, July 16th, 2009

Service charge provisions within leases

A nice article in the Liverpool Daily Post about the lease contract between landlord and tenant in mixed-use properties affecting service charge claims.

The question is whether tenants are able to rely on their lease provisions to force landlords into giving the best value for the services they are obliged to provide?

Best value is an ambiguous concept, particularly where the price paid for shared services may be negotiated several years at a time and may not rise and fall rapidly as market conditions vary.  But we like the suggestion that the best Landlords will always be BPF Lease Code compliant.

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