Rent Reviews
Rent Reviews
Professional rent review advice combining technical property knowledge, market evidence, lease expertise and experienced negotiation.
Experienced Rent Review Advice
Our Professional Services Department comprises a dedicated team of experienced and highly qualified property professionals, including members and associates of the RICS / SCSI.
Rent review work can involve a significant degree of complexity. Our approach combines detailed property knowledge with familiarity with the code of measuring practice, the gathering and analysis of comparable evidence, and research into specialist reports covering market trends and economic factors.
This evidence-led approach allows us to provide clear and professional advice throughout the rent review process, from initial assessment and analysis through to negotiation and, where necessary, third-party determination.
Rent Review Expertise
Our work brings together valuation expertise, market research, lease interpretation and specialist dispute resolution experience.
RICS / SCSI
Advice delivered by experienced property professionals, including members and associates of the RICS and SCSI.
Code of Measuring Practice
Familiarity with the code of measuring practice and its application when assessing property and rental evidence.
Comparable Evidence
Gathering, reviewing and analysing relevant comparable evidence to support a clear assessment of rental value.
Market Trends & Economic Factors
Research into market trends, previous results, specialist reports and wider economic factors affecting rental values.
Lease Structures
Experience in lease structures and understanding their implications when approaching a rent review.
Rent Review Case Law
Consideration of relevant rent review case law where it may affect interpretation, methodology or the review process.
Negotiation
Experienced negotiation supported by market knowledge, evidence and a clear understanding of the lease.
Independent Expert
Technical knowledge and familiarity with third-party procedures where a matter is determined by an Independent Expert.
Precis of Evidence / Counter Submission
Preparation of an effective Precis of Evidence / Counter Submission where required as part of the determination process.
Arbitration
Experience of Arbitration procedures, including the presentation and challenge of evidence where an oral hearing is required.
Combining Evidence With Lease Expertise
Effective rent review advice requires more than an assessment of current rental evidence. Our team considers the structure and wording of the lease, relevant comparable evidence, prevailing market conditions and the wider factors that may influence rental value.
We have experience of different lease structures and their implications at rent review, together with relevant rent review case law. Where appropriate, alternative methodologies may also be considered in developing and supporting a position.
Negotiation & Third-Party Determination
Strong negotiation skills and the ability to present a well-supported position are central to the rent review process. Where an agreement cannot be reached, our technical experience extends to third-party procedures.
This includes matters referred to an Independent Expert, the preparation of a Precis of Evidence / Counter Submission, and Arbitration. Where an Arbitration is held orally, the process may require clear and competent argument together with the ability to challenge the content or relevance of opposing evidence.
Need Advice on a Rent Review?
Speak with the Power Property team about your property, lease or upcoming rent review.