My landlord has issued a rent review memorandum requiring a large increase in the rent. What should I do next?
It is important to take professional advice in order to establish whether the nature of the lease, the premises and current market evidence justifies an increase in the rent. We regularly advise both landlords and tenants in relation to rent reviews and undertake negotiations to ensure an appropriate rent is agreed. Should it not be possible to reach agreement the matter will usually be referred to an Independent Surveyor or Arbitrator, depending upon the terms of the lease and where we again offer appropriate representation.
For further advice please contact one of our Landlord & Tenant team.
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