• Join our UK Small business Forum

    Helping business owners with every day advice, tips and discussions with likeminded business owners. Become apart of a community surrounded by level headed business folk from around the UK


    Join us!

Hire lease agreement - unfair termination clauses

S

sarah26

New Member
We have a photocopier on a 5-year lease, which we want to end after 3.5 years to save money. Apparently, to end the lease we have to pay upfront 100% of the money we would have paid for the remainder of the lease (i.e. another 18 months rental) PLUS £195 admin fee for terminating the lease early.

Is that fair? Is it enforceable?
 

Join 6,000 UK business owners

Ask a question, share what you have learned, and get notified when someone replies. Membership is free and takes a minute.

Create a free account
Top