Can Security for Expenses Ltd. hold security under licences for access or alterations?

Yes. It is increasingly common for security to be required by someone who grants a licence to another party for access over their land to carry out building works or erect scaffolding or by a landlord to a tenant wanting to carry out alterations to a building.

We hold security under licences in the same way as we do under the Party Wall Act. The only distinction is that licences are made under common law and do not have statutory authority.