From: john boyle 
Newsgroups: uk.finance
Subject: Re: Commercial Lease
Date: Tue, 18 Oct 2005 19:07:49 +0100

In message , Peter Saxton 
 writes

>>Which IIRC cannot be unreasonably withheld.
>>
>Wouldn't it be reasonable to refuse a lease that would reduce the
>value of the property being used as security?

Hey Peter, your slipping again!  But assuming Fergus has also got his 
mortgag ors and ees confused then you are right. The  Mortgagee would 
have every right to refuse the granting of a lease on the grounds you 
describe.
-- 
John Boyle