With 2016 now firmly in the past, early 2017 is a time to consider how the many monumental votes and decisions of the last year are going to impact businesses going forward.
Article 50 is still to be triggered, the Supreme Court is still out on their judgment and in 16 days Donald Trump will take the reins in the USA.
With so many large changes, it may be reassuring to know that for the time being at least English Property Law is unlikely to be affected by such changes in tides.
That said, commercially, businesses may very well look to do business differently. A shorter lease for new premises or upgrading existing facilities rather than moving are likely to be favourable options for the next few years, but getting these strategic choices correct from the outset is vital to protect business interests.
To discuss property options for your business please speak with William Warnock in our Poole Office (01202 052042)
Property law, being domestic in nature, will be largely unscathed by the decision to leave the EU. So the key impact will be commercial rather than legal. The fact that the post-EU landscape has yet to be mapped out has caused market uncertainty. This has filtered into legal documents and will continue to do so as, for example, tenants seek shorter leases, more incentives and more frequent break rights to future-proof their occupational arrangements.