Occurring every three or five years, if conducted professionally, it can be an equitable and beneficial exercise for both parties as the focus is on agreeing a rate which is a fair reflection of current market rates.

The process is defined in the contract and is usually based on either the:

• Retail Price Index (RPI): the rate is adjusted to reflect current inflation rates
• Rental Market: indexed against similar local properties

Every Review is usually triggered by a written notification from the landlord – then the negotiations begin and continue until agreement is reached.

If agreement cannot be reached, the Dispute Resolution clauses in the contract are evoked – the matter is usually referred to a third party or, on very rare occasions, it is settled in court.

Successfully negotiating rent reviews is what we do.