How Changes Proposed by the Government to Banning Upward Only Rent Reviews will Affect both Landlords and Tenants
Commercial Property Upward Only Rent Review (UORR) ‘Ban’ – The Law of Unintended Consequences The Government is proposing under the English Devolution and Community Empowerment Bill to “ban” upwards-only rent review (UORR) clauses in new commercial leases in England and Wales. The stated policy aims are to “make commercial leasing fairer for tenants, ensure high…