Insights

The Government has unveiled an ambitious agenda designed to bring about substantial change to the Private Rented Sector (PRS), shifting the balance between landlords and tenants.

I recently took part in an RICS dilapidations conference where it was very encouraging to see that the agenda was dominated by considerations of green dilapidations and a commitment to sustainability.

Prior to the pandemic, cases on lease renewal terms were few and far between. As I’ve commented before, that’s all changed and the amount of new rent payable on lease renewal has now become a very hot topic.

In the current climate, lease assignments are a hot topic as many business occupiers might be deciding to leave their current premises to relocate to bigger premises - or perhaps they want to wind down their business altogether.

Can a landlord of a residential property come back and ask for additional service charges long after a financial year has ended?