Jurisdiction(s):
United Kingdom

Pro-tenant Commercial Lease Guarantee Playbook (Guarantor’s Covenants) under LT(C)A 1995: Preferred and Fallback Drafting (England and Wales)

Published by a LexisNexis Property expert

Practice notes

Introduction

This playbook sets out guidance on negotiating the terms of a guarantee clause for a lease of part of a larger building, such as an office block or a shopping centre (or another comparable retail setting), with the aim of making them more advantageous for a tenant (‘tenant-friendly’ or ‘pro-tenant’). It contains preferred provisions, fallback wording, and drafting commentary that supports the prospective tenant. Lawyers acting for would-be tenants and in-house counsel can use this playbook, adapting it as needed to address client-specific issues and to ensure the client’s interests are fully safeguarded. The degree of risk referenced in the playbook may differ depending on the client. Note that this playbook does not include drafting for circumstances where the tenant benefits from a substantial negotiating advantage (eg where the tenant is an anchor tenant). This document forms part of a broader collection of pro-tenant playbooks. For a list of the other playbooks in the collection, together with other material concerning commercial tenancies, see the Commercial tenancies subtopic...

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Web page updated on 21/05/2026

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