Lease Renewal

If you wish to stay in your rented property when the lease ends you will need to establish fresh terms with your landlord. Not only will a new rent need to be agreed but so will other terms such as the length of the new lease and the rent review pattern.Landlords often see a lease renewal as an opportunity to secure a substantial increase in the annual rent payable. They can be reluctant to grant new terms that are more favourable for the tenant – for example a shorter lease with a break clause in the tenant’s favour. They have a range of tactics to pressurise the occupier into accepting a lease renewal on unfavourable terms. Tenants may be too busy building their own businesses to deal effectively with the landlord.

Phil Sani has been negotiating new leases for clients for over ten years. We only act for tenants at lease renewal and rent review so there are no conflicts of interest. We have a thorough understanding of the relevant statutes and case law.

We are keen to listen to our clients and understand their needs, only then can we negotiate effectively with the landlord to secure the best terms. Our service includes a full inspection of the property, a thorough examination of your existing lease, meticulous market research for your area, analysis of the comparable rental evidence and negotiating with the landlord. Following an initial consultation our fees are normally performance related and on a no win/no fee basis.

We take a robust approach with landlords. We bring our well honed negotiation skills and tenacity to the table on your behalf to ensure you get a good deal at lease renewal.

If you have a lease renewal due in the next year then you should be proactive. Start planning your strategy now in order to secure the best possible deal.