The Landlord and Tenant Act 1985, Section 20, says that where costs are passed onto tenants – for example through a service charge – landlords cannot enter into long term agreements without consulting those tenants who ultimately pay for the service. This is an equitable approach to procurement and for many services, like maintenance, the process works well. But what happens in a market like energy, where prices change every day and the only way to manage costs through procurement is to take a long-run view?
In this webinar, we will talk through the benefits of dispensation from Section 20, why dispensation drives social value for your tenants, and how securing a successful application is not as difficult as it may at first appear.