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Heads of Terms Review

Stretton Solicitors > Commercial Leases > Heads of Terms Review

Heads of Terms are a crucial first step in many commercial transactions — whether you’re negotiating a commercial lease, a business sale, or entering into a joint venture. While often described as “non-binding,” these documents set out the key terms of the agreement and form the basis for the final legal contract. Mistakes or omissions at this early stage can lead to misunderstandings, weakened negotiating positions, or costly disputes down the line. At Stretton Solicitors, we offer comprehensive Heads of Terms reviews to ensure your interests are protected and your agreement starts on strong legal ground.

Over 40% of commercial property disputes in the UK arise from poorly drafted or misunderstood Heads of Terms.

Though not legally binding in their entirety, Heads of Terms carry significant legal and commercial weight. They signal intent, outline key responsibilities, and shape expectations — and in certain situations, some clauses (such as exclusivity, confidentiality, or costs) may become enforceable. A poorly drafted document can lead to ambiguity, delays, and unnecessary legal exposure. Having a solicitor review or assist in drafting your Heads of Terms ensures clarity, mitigates risk, and helps avoid disputes that could jeopardise your transaction.

At Stretton Solicitors, our review service focuses on identifying common risks that can be easily overlooked in early-stage negotiations. These include vague or inconsistent terminology, unbalanced obligations, missing key terms (like rent review mechanisms or break clauses), or implied commitments that may create legal pressure later. We ensure all relevant commercial and legal issues are properly addressed — giving you confidence that nothing important has been missed before proceeding to final contract drafting.

Our approach is thorough, efficient, and tailored to your specific needs. We begin by understanding the nature of your transaction and the commercial goals behind it. Then we review your draft Heads of Terms line-by-line, identifying legal risks, unclear language, and any provisions that may disadvantage you in the final agreement. We provide clear, practical advice and recommendations — all delivered in plain English — so you can move forward with full awareness and control over the terms.

We regularly assist landlords, tenants, business buyers and sellers, property developers, and joint venture partners in reviewing and negotiating Heads of Terms. Whether you’re dealing with a multimillion-pound commercial lease or a small business acquisition, our legal insight ensures you’re not exposed to unexpected obligations or missed protections. Even in fast-moving deals, taking time to review these preliminary documents can make the difference between a smooth transaction and costly legal complications.

A legally-informed Heads of Terms can reduce the time and cost of finalising contracts by up to 30%.

Before you sign or agree to anything, make sure your Heads of Terms truly reflect your intentions and protect your interests. At Stretton Solicitors, we bring legal clarity to early-stage negotiations, helping you avoid unnecessary risks and move forward with confidence. Contact us today to arrange a professional review of your Heads of Terms — and safeguard the success of your transaction from the start.

Whether you’re leasing your first premises or renegotiating terms, our expert solicitors ensure your interests are protected from start to finish.