The importance of a Bank Guarantee for your property

Property Law: 18 March 2019

Bank Guarantees are popular and a convenient alternative to holding a security deposit during a lease term for many landlords. However, care must be taken to ensure the Bank Guarantee is effective security and not likely to be challenged. We recommend you read the article published by Chris Drayton of Makinson & d'Apice on what this could mean for you.

Please note: The information in this article is provided for general information purposes only and does not constitute legal advice. It is not intended to be comprehensive or to apply to any specific circumstances. You should seek independent legal advice before acting on any information contained in this article.