Professional : Lease Renewals and Rent Reviews
The practice can advise on associated Landlord & Tenant Act matters, thus providing a complete service of the highest calibre. The specialist field of rent reviews and lease renewals is handled by an experienced team of chartered surveyors, well versed in the complex case and statute law which surround rent reviews and lease renewals.
Christo & Co. is most active in London and the Home Counties. However, our network of contacts, and a staff of individuals who have had experience throughout the United Kingdom, enables us to deal with properties anywhere in the country.
The rent payable on your property is one of the single largest
cost that faces you and your business. The opportunity to
minimize this cost only occurs every few years. It is therefore
vitally important to act when the time arises. In the past,
you may have negotiated the new terms yourself. You may believe
you have achieved a good result, but have you considered whether
it was the best result?
Clearly the complexity of this process requires a specialist level
of expertise. Christo & Co. can offer this expertise. The Rent
Review and Lease Renewal Department deal with these matters every
day of the week.
A complete understanding of the property involved is essential.
Location, prominence and accessibility have an immediate impact
on rent. An inspection of the property will reveal hidden advantages
and disadvantages. Repairing liability, quality of natural light,
and efficiency of services, will all affect the value of the building.
In addition, accurate measurements and detailed notes on alterations
and improvements will have a major effect on the level or rent payable.
We constantly consider the implications of user clauses, alienation
clauses, and restrictive covenants, as well as all other aspects
of your lease, because all these factors can have an effect on the
final rental payable. Specialist advice is required from the start,
particularly when the strict timetables contained in most leases
need to be adhered to if severe penalties are to be avoided. Changes
in case and statute law occur almost weekly. They must not be ignored,
as these changes can have considerable effect on the rental level.
It is inevitable that in some cases, agreement cannot be reached,
and negotiations deteriorate. Consequently, the matter will be referred
to an Independent Expert or an Arbitrator, or in the case of Lease
Renewals, to County Court. Christo & Co. have considerable experience
in dealing with the complicated procedure surrounding such disputes.
Indeed, members of the firm regularly act as expert witnesses for
The Service On Offer
While you may think that you could negotiate a satisfactory result,
do you have the comparable evidence, legal knowledge and all round
property experience to achieve the best result? Before commencing
negotiations, we discuss with clients the rental levels, lease terms
and the tactics to be employed. We will provide you with regular
and consistent reports to keep you advised of our progress at all
times. At Christo & Co. we have the all round experience and
professional standards (including ISO 9001 registered), so that
whatever the property, our understanding of the factors involved
enables us to achieve the best possible results for you and your