Rent reviews are critical components of a lease. Often, a lease will stipulate that a landlord and tenant will have to appoint their own respective chartered surveyor to act for them when the time comes to negotiating a new rent level. We can help understand the often-complicated rent review clause and negotiate on a landlord or tenant’s behalf.
Business tenancies are now mostly protected by the Landlord & Tenant Act 1954, which provides tenants with security of tenure and therefore the right to renew their lease once the lease term concludes. Landlords are however permitted to oppose the renewal application under various circumstances. With good experience acting on both sides, Laskowski & Co protects our client’s interests by utilising in-depth market knowledge and providing dynamic solutions.
There are various reasons why a landlord or tenant would want to renegotiate the terms of an existing lease. A mutually beneficial lease will ensure a long, secure income for the landlord, at a sustainable cost to the tenant. At Laskowski & Co, we are well placed to review and advise on a current lease, and negotiate a better restructure.