If the tenant or its guarantor is an overseas entity, usually yes. Landlords granting English law commercial leases to foreign companies require a process agent so that notices and any proceedings can be served at an address in England and Wales, and the requirement extends to overseas parent guarantees supporting the lease.
Leases live on notices
A commercial lease generates formal notices throughout its life: rent review triggers, break notices, forfeiture warnings, schedules of dilapidations. Each depends on valid delivery, and a landlord facing an overseas tenant without a UK service address has a problem the moment anything contentious starts. Naming a process agent in the lease removes it, which is why agents for overseas tenants appear as standard in institutional lease precedents.
Guarantors are usually caught too
Where an overseas parent guarantees its subsidiary's lease obligations, the guarantee is typically English law and carries its own service of process requirement. One Tremark appointment can cover the lease and the guarantee together, adding £30 for the second document, so both landlord and tenant sides get a clean single letter of appointment at completion.
Matching the term
Leases have defined terms, which suits our fixed term appointments: a ten year lease is covered by a single payment with nothing to renew, and our team writes ahead of expiry if the lease is renewed or held over. Aircraft and equipment leases raise the same issues in specialised form, covered on our aircraft lease page.