A very fast and efficient service. Was able to make an appointment with one of the organisations that Law Superstore sent through. Am very pleased with the service and would very much recommend Law Superstore.
13th July 2024
Instant contacts made from four companies after we requested contacts for LPA advice via The Law Superstore.
12th July 2024
Absolutely fabulous. Contact by 3 fabulous firms. Highly recommended.
07th July 2024
Easy to use website. Was contacted by a company very quickly and gave me the information I required.
06th July 2024
I was struggling to find a local solicitor who could help me, so went onto this site and was really surprised when after a few minutes I had a call from a law firm not too far away who will be able to help me.
28th June 2024
Within 30 minutes of my enquiry I had three calls from relevant people. One of which we will be instructing with our needs. Thank you.
26th June 2024
Very easy to use your website and a quick follow up from three companies giving me a quote. I will be using one of the quotes in due course once I'm in a position to proceed. Many thanks.
26th June 2024
The next day all of the solicitors got in touch. I was taken through what would be done and the charges, they all reassured me if I was at all worried.
19th June 2024
Straightforward process. Good, timely communication. Comfort of being introduced to companies who have undertaken a preselection process. Ease of working with selected company. Value for money.
13th June 2024
Very friendly and detailed experience very understanding regarding the family loss and the cost details explanation was easy understanding great service.
12th June 2024
They did everything I asked, couldn't ask for more.......Excellent.
10th June 2024
Straightforward service, 4 lawyers firms got my details after I filled some information with my query. Then I selected 1 of my choice to deal with. Thanks.
23rd May 2024
After the initial enquiry we received a good response and competitive quotes.
21st May 2024
Received information quickly and easily. Followed up with contact from the recommendations and will proceed with my choice.
07th May 2024
Thank you for your assistance I needed to make power of attorney and required a home visit. I had no idea who to contact or costings involved but your service provided both within minutes. All lawyers have been in touch and I can now progress.
26th April 2024
I was impressed with the speed and courtesy with which my enquiry was handled. Thank you.
10th April 2024
The meaning of assignment of a lease is when a freeholder/landlord transfers the existing lease on a commercial property over to a new leaseholder/tenant.
If, rather than assigning a new tenant, your existing tenant has begun proceedings to extend/renew their lease, a property solicitor can help you liaise with them and agree to the terms.
If you are becoming a new tenant/leaseholder in a freehold property, a property solicitor can help you get in contact with the landlord and agree the terms.
If you and your new tenant agree on the terms of the lease then the process will only take 2-3 weeks to put together all the documentation. If you dispute what they are asking for it can delay things up to 6-8 weeks until you have come to an agreement.
It is usual during the assignment of a lease that the new tenant entering into the lease will pay for the landlord’s legal costs as well as their own.
Assignment and Transfer of Lease are essentially the same and are often used interchangeably. Generally, transfer implies more significant changes to the lease. Your solicitor can help make sure you are following the right process.
It is possible to fragment a lease between multiple parties, however this is uncommon and unpopular, as it will make it harder for you to enforce your covenants and collect rent.
It’s important to have a property solicitor on board with your assignment of lease, as they can help you liaise with your prospective tenant’s legal representatives as well as review the terms of the lease.