10:15 AM, 20th October 2014, About 9 years ago 15
Probably a straightforward question about rent reviews when a property is let under the usual AST:
1. If the tenancy has moved into “periodic” mode after the initial lease period, is it possible to undertake a rent review without instigating a new lease?
2. When writing a new lease, is it possible to write in an annual rent review (say normally + 2%) into the lease, to take effect after the periodic period has started so that an annual review of rent always happens? I guess it’s possible that the review may go downwards as well as upwards. Or does one always need a new lease to change the rent?