This is a critical stage of the property cycle, as the Tenant can negotiate more favourable revised lease terms including break options, a lower rent and a rent free period. For Landlords, it is an opportunity to secure a longer lease at a higher rent and thus maintaining rental income and increasing the property’s investment value.
Our surveyors have excellent knowledge and understanding of the Landlord & Tenant Act 1954, which governs the majority of lease renewals. This expertise ensures that your lease renewal will be dealt with professionally and promptly.
As established surveyors with unrivalled local market knowledge with an extensive transactional database, we can provide considered, expert and accurate advice.
Our aim is to reach an amicable, negotiated settlement but where this is not possible we will recommend the best way forward whether through Mediation, Professional Arbitration on Court Terms or Court. We will also work closely with you to limit your exposure to costs.
If you would like to discuss this service further, please do not hesitate to contact us.