Rent reviews
- When will the rent on my lease be reviewed?
- How will the new rent be determined?
- What is open market rental value?
- What are the main factors which affect open market rental value?
- Will rent reviews take into account any improvements made to the premises?
- What will happen if the premises are being used for a different purpose?
- Will the new rent be affected by any initial discounted rental or rent-free period?
- If the open market rental value has fallen, will the rent be decreased at the rent review?
- Who determines the new rent?
- How much notice will I be given of the new rent?
- What can I do if I disagree with the new rent?
- What factors will help me negotiate a lower rent?
- How should I handle a rent review negotiation?
- Can a rent review include a change to the terms of the lease?
- What happens if the landlord and I cannot agree on the new rent?
- How much is resolving a dispute likely to cost and how long will it take?
- Do I have to pay rent while the level of rent is being disputed?
- What should I do if I can't afford the new level of rent?
- How do rent reviews affect sub-tenants?