Rent reviews
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Rent reviews
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for expert advice on this topic, contact:
Nick Abell
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Commercial Property
Rent reviews
1. When will the rent on my lease be reviewed?
2. How will the new rent be determined?
3. What is open market rental value?
4. What are the main factors which affect open market rental value?
5. Will rent reviews take into account any improvements made to the premises?
6. What will happen if the premises are being used for a different purpose?
7. Will the new rent be affected by any initial discounted rental or rent-free period?
8. If the open market rental value has fallen, will the rent be decreased at the rent review?
9. Who determines the new rent?
10. How much notice will I be given of the new rent?
11. What can I do if I disagree with the new rent?
12. What factors will help me negotiate a lower rent?
13. How should I handle a rent review negotiation?
14. Can a rent review include a change to the terms of the lease?
15. What happens if the landlord and I cannot agree on the new rent?
16. How much is resolving a dispute likely to cost and how long will it take?
17. Do I have to pay rent while the level of rent is being disputed?
18. What should I do if I can't afford the new level of rent?
19. How do rent reviews affect sub-tenants?