RENT REVIEW SOLICITORS

Rent review clauses are a common feature of commercial leases, allowing the rent to be adjusted at set intervals. Whether you’re a landlord seeking to increase rent or a tenant aiming to challenge it, we can guide you through the rent review process and ensure your position is protected.

There are various mechanisms for rent review, including increases linked to the Retail Prices Index (RPI), open market rent assessments, or fixed percentage increases. Many leases also include an upwards-only rent review clause, meaning the rent can increase but not decrease. Understanding these mechanisms is crucial for ensuring a fair outcome.

Landlords can typically trigger a rent review by serving formal notice to the tenant. Rent reviews may also be backdated if not carried out at the specified time, leading to a claim for any rent increase due, along with interest, from the rent review date.

For tenants, challenging a rent review may be possible if the proposed increase in not in accordance with the lease, does not reflect market conditions or if there are technical grounds to dispute the landlord’s notice.

We assist with every aspect of the process, from triggering and challenging rent reviews to negotiating favourable outcomes.

Once an agreement is reached, it’s essential to document the outcome correctly to avoid future disputes. Our expert team ensures that your rent review is legally binding and accurately recorded in line with the lease.