Post by Hill Dickinson LLP
44,977 followers
The ban on upwards-only rent reviews is one of the most talked about real estate reforms in recent years – but how will it work in practice? With the English Devolution and Community Empowerment Act receiving Royal Assent earlier this week, our Real Estate team breaks down: 🗓️ when the ban is likely to take effect ❓ which leases will (and won’t) be caught 🤝 the retrospective impact on renewal arrangements 🔧 what rent review mechanisms remain permissible If you’re a landlord, tenant or asset manager navigating lease strategy over the next few years, this is essential reading. 👉 Read more: https://lnkd.in/eDHRJrYF