An extensive knowledge of Landlord and Tenant law is essential in advising both landlords and tenants on rent review and lease renewal matters.
Many factors have an effect on the rental value of any particular demise and our experience dealing with past rent reviews, interpretation of lease provisions, tenants’ improvements, repairing obligations and service charge matters all assist in the formulation of a compelling argument on behalf of the client.
The advice starts with the wording or establishing the validity of notices and extends through the valuation process and subsequent negotiations.
The principle behind the rent review is simple; the landlord wishes to ensure that he receives the maximum rent as at the effective date whereas the tenant wishes to ensure that he is not over-paying.