Image from Google Jackets

A new lease of life

By: Contributor(s): Series: Estates Gazette ; (0509) 5 March 2005, 179-180(2)Publication details: 2005Subject(s): Summary: Outlines the findings of "Monitoring the 2002 code of practice for commercial leases : final report" (J128921) commissioned by the ODPM. The report provides an independent view on whether lease structures are becoming more flexible, the extent to which tenants are now being offered a choice of alternative terms, the degree of awareness of property matters shown by small business tenants and whether or not the code is influencing the market. Concludes that flexibility is improving in some areas and that the 2002 code has had a greater effect than its predecessor.

Outlines the findings of "Monitoring the 2002 code of practice for commercial leases : final report" (J128921) commissioned by the ODPM. The report provides an independent view on whether lease structures are becoming more flexible, the extent to which tenants are now being offered a choice of alternative terms, the degree of awareness of property matters shown by small business tenants and whether or not the code is influencing the market. Concludes that flexibility is improving in some areas and that the 2002 code has had a greater effect than its predecessor.