Landlord & Tenant Matters
Abercorn Surveyors Ltd can give advice or act on your behalf in the following Landlord and Tenant matters:-
- Rent reviews
- Lease renewals and assignments
- Leasehold valuations
- Landlord and Tenant disputes
- Repairing obligations
- Schedules of dilapidation
Valuations of properties with sitting tenants or subject to life interests
These valuations take into account the effect a sitting tenant has on the value of the property under the terms and conditions of the current lease.
A ‘life interest’ describes the situation where a tenant has the right to rent the property for the remainder of their life, with the property reverting to the landlord on the death of the tenant. This arrangement can occur for a number of reasons and value is dependent on the terms agreed at the creation of the tenancy as well as current factors.