Daniel Levy, Head of Property Litigation at Mishcon de Reya, has been quoted in a Property Week feature looking at the Law Commission's review of the Landlord and Tenant Act 1954.
Daniel says: "There are two key defects with the Act. The first defect is practical: a contested renewal can take years to resolve. The court system was much quicker in 1954, whereas nowadays the Act is unworkable because the court process takes too long.
"The second defect relates to the market. The 1954 Act was originally brought in because there was a shortage of business premises after the Second World War due to bomb damage. There is no shortage now. In fact, the Government is currently legislating to force landlords to rent out empty shop units. So the Act no longer makes commercial sense either. The market has completely changed in 70 years."
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