Can you rely on a guarantee? - update

Posted: Monday, 3 November 2008 @ 13:02

The House of Lords has just overturned the case I referred to in my blog last week meaning that a landlord only needs to serve the guarantor with notice within six months of a rent review being decided.  The same rule would also apply to a service charge where the final figure for payment is only decided after the service charge payment date.

It's good to see that the Law Lords had regard to "some remarkably silly consequences" of the decisions of the lower courts.

Steven Petty, Commercial Property Lawyer

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This blog is not intended to constitute legal advice, nor is it intended to be a complete and authoritative statement of the law, and what we say might be out of date by the time you read it. You should always seek legal advice to confirm whether or how any information in this article applies to your particular situation. We offer a free telephone consultation to discuss your particular circumstances.

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Thank you. Your response is great, very straight to the point! Hopefully this will bring an end to the matter. I will certainly be recommending your services as I am very impressed with the prompt dealing of this matter.
Janet Burbidge

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