Outlawing the use of upward-only rent reviews in property leases would have a negative impact on pro...
Outlawing the use of upward-only rent reviews in property leases would have a negative impact on property investment values, according to the NAPF. The claim is part of a NAPF response to a consultation paper issued by the Office of the Deputy Prime Minister (ODPM) in May, which is considering prohibiting the use of upward only rent review clauses on all commercial properties. Not only would this affect property values, Christine Farnish, chief executive of the NAPF, said it would create uncertainty, have a potentially inflationary and an adverse impact individual's long-term savings. F...
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