Share this page
Rent Reviews and Lease Renewals with O'Connor Murphy
Naturally, rents rise and fall in response to market forces and in most commercial leases there is a mechanism for changes to rent every five years. There is also legislation that allows tenants to renew their lease if certain criteria are met, in which case landlords and tenants need to negotiate new positions. If you’re a landlord or a tenant, we will help with your next rent review, lease renewal or support your position in court.
Of course, as the market leaders, our team of chartered surveyors has vast experience in all property matters, unique market knowledge and superior technical ability. We can act for either party in negotiating rent reviews and lease renewals.
If it’s a straightforward negotiation, then great. But, if needed, we can represent you at arbitration or at an independent expert process. With either of these options, one of our chartered surveyors can act as an expert witness for you.
If you’re trying to deal with a long leasehold, we also provide advice and representation and, if you need it, we’ll present evidence to the County Registrar.
We’ve found that lease restructuring is a growing area of landlord and tenant work and have huge experience in re-gearing leases and negotiation surrenders.