Varying leases: avoiding the pitfalls


In a series of video insights on issues affecting real estate, Philip Collis and Alexandra Holsgrove Jones look at varying leases. 

  • If the alterations clause in a lease is too restrictive, could the tenant get it varied?
  • What could the impact be on other lease provisions?
  • What do you need to think about if you agree an extension to the term?
  • Should you use a side letter?
  • Will it bind successors?
  • What can happen if a guarantor doesn’t consent to a lease variation? 

Varying leases: avoiding the pitfalls

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