01480 213811

Lease Renewals

Why Brown&Co Barfords?

Experience Expertise and Local Knowledge

We have nearly 40 years’ experience in dealing with rent reviews and lease renewals. Our computerised diary system will identify key dates and we will work with you and your solicitor to ensure that procedures are complied with and notices served to ensure the optimum outcome on your behalf.

The Importance of Local Knowledge

Rental values are primarily assessed by reference to comparable transactions. Our depth of local knowledge and firsthand experience of market conditions is essential to ensure the most favourable outcome. We act for both landlords and tenants in providing advice on lease renewals and rent reviews.

Factors Which Affect Rent on Renewal of Lease

Factors materially affecting rents at review and on renewal include:

  • Correct floor areas - it is essential to be sure that the built floor areas are accurately measured and agreed with the other side in accordance with the RICS Code of Measuring Practice
  • Rent review patterns
  • Repairing and service charge obligations
  • Tenant's improvements
  • Restrictive covenants
  • Other Lease Terms

Our appreciation of complex valuation principles, understanding of the legal aspects of leases and Landlord and Tenant law are vital in achieving the optimum outcome on your behalf.

Independent Expert Determinations, Arbitration, and Court.

Where agreement is not possible by negotiation we are experienced in preparing and conducting cases for Independent Expert determinations, Arbitration, and Court proceedings.

Never Forget

Our computerised diary system will ensure that all key dates for the service of notices in connection with rent reviews, expiry of leases, options to break are picked up. We will work with you and your solicitor to ensure that all relevant and necessary notices are served at the appropriate time.

For more information on lease renewals, please contact Sheila Smyth on 01480 213811 or email Sheila at sheila.smyth@brown-co.com

Request more information »

Royal Institution of Chartered Surveyors

Our Services

Click to go to topTOP