Law Commission Consultation on Business Tenancies - London Event

Info

This in-person gathering is part of a public consultation regarding the project titled Business Tenancies: the right to renew.

The consultation focuses on reforming Part 2 of the Landlord and Tenant Act 1954, which grants business tenants a legal entitlement to a new tenancy at the conclusion of their current one—a concept known as "security of tenure".

Attendees will examine the advantages and disadvantages of the existing "contracting-out" framework for security of tenure and explore three alternative models: mandatory security of tenure, elimination of security of tenure, and a "contracting-in" approach. Feedback will be sought on which options are preferred, as well as on whether the types of business tenancies currently benefiting from security of tenure are appropriately defined.

In conjunction with the consultation, a brief survey is being administered to assess the 1954 Act's influence on today's commercial leasehold market, and participants are encouraged to engage with both the consultation and the survey.

This gathering will provide an opportunity to discuss the key inquiries posed by the Consultation Paper regarding potential changes to security of tenure.

The meeting is scheduled to take place at the Ministry of Justice, 102 Petty France, London, SW1H 9AJ.

During this session, Professor Nick Hopkins, the Commissioner for Property, Family and Trust Law, along with his team, will present an overview of the Consultation Paper.

The Consultation Paper and its summary can be accessed on the project's webpage, along with additional project information. Responses to the consultation and the survey can be submitted online. The deadline for submissions for both the consultation and the survey is set for 19 February 2025.