Barclays Bank Plc v Savile Estates Ltd [2002] EWCA Civ 589 (19 April 2002)
A term should be implied into the lease requiring the landlord to apply for a rent review within a reasonable time to give business efficacy to the agreement. The tenant's notice of 1st September 2000 was effective to make time of the essence, and the period given was reasonable. The landlord's failure to act within that period entitled the tenant to the declaration sought.
- Citation
- [2002] EWCA Civ 589
- Parties
- Claimant/appellant: Barclays Bank Plc; Defendant/respondent: Savile Estates Limited
- Jurisdiction
- England and Wales
- Judgment Date
- 19 April 2002
- Procedural Posture
- Appeal From High Court (chancery Division) / Court of Appeal Judgment
- Outcome
- Appeal allowed
- Legal Topics
- Implied Terms, Rent Review, Time of the Essence, Lease Construction
Case Brief
Summary, issues, holding and outcome
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Parties
Barclays Bank Plc
Claimant/appellant
Savile Estates Limited
Defendant/respondent
Procedural Posture
Appeal From High Court (chancery Division) / Court of Appeal Judgment
Legal Issues
- 1 Whether a term should be implied into the lease requiring the landlord to apply for rent review within a reasonable time
- 2 Whether the tenant could make time of the essence by notice
- 3 Whether the notice given by the tenant was effective to make time of the essence
Ratio Decidendi
A term should be implied into the lease requiring the landlord to apply for a rent review within a reasonable time to give business efficacy to the agreement. The tenant's notice of 1st September 2000 was effective to make time of the essence, and the period given was reasonable. The landlord's failure to act within that period entitled the tenant to the declaration sought.
Court Disposition
Appeal allowed
Orders
- Orders of the judge and Master set aside
- Declaration made as set out on page 35 of the appeal bundle
Full Case Text
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