Rent Reviews and lease renewals
For landlords, rent reviews are an opportunity to ensure that the rental income from investment properties is maximised and kept in line with market levels. Conversely, the tenant will seek to keep this significant outgoing to a manageable figure.
It is imperative that both sides obtain appropriate professional advice from a Chartered Surveyor who has a detailed knowledge of the local market.
In the event of lease renewals, when the tenancy comes to an end, there are various matters to consider and the opportunity to address all elements of the lease.
There are occasions when the parties cannot agreed and the matter has to be referred to a third party and Andrew Granger & Co Ltd have significant experience in preparing submissions to independent experts, arbitrators or courts.
For more information please contact the Commercial team: