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Upward only rent reviews the way forward

By: Contributor(s): Series: RICS Public Affairs Policy SubmissionPublication details: 2004Subject(s): Online resources: Summary: RICS response to the government consultation on commercial property leases. Suggests there is evidence of recent market reform in recent years and that the government proposals may not achieve the desired outcome of greater flexibility and choice. Argues that legislation on upward only rent reviews would only offer a partial solution to concerns over flexibility by tenants and calls for a more holistic approach. View at www.rics.org

RICS response to the government consultation on commercial property leases. Suggests there is evidence of recent market reform in recent years and that the government proposals may not achieve the desired outcome of greater flexibility and choice. Argues that legislation on upward only rent reviews would only offer a partial solution to concerns over flexibility by tenants and calls for a more holistic approach. View at www.rics.org