With vacancy rates in office and retail still high many tenants are able to take advantage of securing additional space or renewals on extremely favourable terms. Faced with Landlord pressure to secure income streams quickly, it is easy to get carried away and press on into legals when points of principal remain outstanding.

Particularly for multi site occupiers - creating a bespoke set of leasehold heads of terms for your business ensures important points are considered up front and saves time and money in the long term as it avoids expensive professionals getting into protracted arguments over the parties intentions.

Download our precedent heads of terms as a useful starting point (DOC, 266KB)