The level that the rent is set at rent review and in a lease renewal is largely determined by the research that is done and so at Johnson Waud this is seen as fundamentally important.
In terms of rent reviews the wording of the review clause can have an impact on the final outcome of the review. We deal with many rent reviews every year and so are experienced in the consequences of different wording.
With regard lease renewals, it is important to be aware of the legal rights of both parties as failure to take appropriate action can result in loss of income or a weakening of your negotiating position.
Take proper advice from Johnson Waud.