Rent review

Rent review guidance:

Agricultural Holdings Act 1986 Under the Agricultural Holdings Act 1986 (AHA 1986), either the landlord or the tenant may ‘demand’ that the ‘rent properly payable’ in...

Practice Note

Expert determination is a form of alternative dispute resolution (ADR). This Practice Note explains expert determination for technical or contract interpretation...

Practice Note

An expert witness is a witness who, by virtue of his skill, is believed to have expertise in a particular area so others can rely on his opinion regarding a specific...

Practice Note

What is a headline rent? In a falling market, landlords frequently offer tenants financial inducements to take a lease in order to maintain the level of rent stated on...

Practice Note

A rent review clause contained in an assured tenancy is superseded by the statutory provisions governing rent increases where the contractual term ends, and a statutory...

Practice Note

The rationale behind an assumption of vacant possession at rent review is to prevent the landlord benefiting from an increase in rent for the premises attributable to the...

Practice Note

Date and frequency The frequency of a rent review is a matter for negotiation. The most common period in practice at the moment is every five years. Usually rent reviews...

Practice Note

What is an improvement? By analogy with cases under section 19 of the Landlord and Tenant Act 1927, an alteration that: • goes beyond repair, and • from the tenant's...

Practice Note

Points scored and gloated over when negotiating a lease can bite back when the rent comes up for review. In a weak market, the presence of onerous provisions in a lease...

Practice Note

The hypothetical demise The starting point in construing a rent review in a commercial lease is an assumption that the rental value is to be that of the whole of the...

Practice Note

Many older forms of rent review clause require service of notices, either from the landlord to trigger the review process or from the tenant to object to the figure...

Practice Note

Side letters are often used: • to make arrangements and grant concessions (eg in relation to the permitted use, the standards of repair or rental concessions), or • to...

Practice Note