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Leases (Commercial and Retail) Act 2001
101Refusal to consent to mortgage of lease
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101 Refusal to consent to mortgage of lease
The lessor may refuse to consent to the mortgage of a lease requested
under section 95 (Request for consent to assignment, sublease or
mortgage) only if the lessor has reasonable grounds for believing that
the tenant—
(a) is not financially sound; or
(b) does not have the capacity to service the proposed loan; or
(c) cannot otherwise meet the tenant’s obligations under the
mortgage.