Overriding Interest Summer 2025

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THE LAW COMMISSION CONSULTATION PAPER: BUSINESS TENANCIES AND THE RIGHT TO RENEW -

On 19 November 2024, the Law Commission published its first consultation paper considering whether a tenant’s right to renew a business tenancy (security of tenure) under Part 2 of the Landlord and Tenant Act 1954 (the LTA 1954) is still fit for purpose. This is the first of two consultations, and it looks at the fundamental question of whether business tenants should have security of tenure and, if so, how it should operate. The scope of the second consultation will depend upon the outcome of the first.

Please see full publication below for more information.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations. Attorney Advertising.

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