The Code for Leasing Business Premises in England and Wales 2007 is the result of collaboration between commercial property professionals and industry bodies representing both owners (Landlords) and occupiers (Tenants).

The Code aims to promote fairness in commercial leases, and recognises a need to increase awareness of property issues, especially among small businesses, ensuring that occupiers of business premises have the information necessary to negotiate the best deal available to them.

The Code consists of three parts:

• 10 point requirements for landlords in order for their lease to be Code-compliant;
• a guide for occupiers, explaining terms and providing helpful tips; and
• a model Heads of Terms (which can be completed on line and downloaded).

Download the entire code below.

Code for Leasing Business Premises