header-logo header-logo

Upward-only rent reviews: A real battle?

17 October 2025 / James Naylor
Issue: 8135 / Categories: Features , Landlord&tenant , Property
printer mail-detail
232362
The prohibition of upward-only rent reviews represents a significant shift in the balance of power between landlords & tenants: but are they at war to begin with? James Naylor reports
  • The English Devolution and Community Empowerment Bill proposes banning upward-only rent reviews in new commercial leases, aiming to rebalance power between landlords and tenants and support high street revitalisation.

Is the relationship between landlord and tenant inevitably adversarial, with each party seeking to maximise their own advantage at the expense of the other? Or is this a reductive view of what is, in reality, a more nuanced commercial partnership—one in which the interests of both parties may, at times, be aligned?

These questions are particularly pertinent in the context of government intervention: should the state restrict the freedom of landlords and tenants to agree rent review mechanisms? And, more fundamentally, can regulating rent review alone address the persistent issue of vacant high streets and the potential associated rise in anti-social behaviour?

Legislative & policy context

Answers may

If you are not a subscriber, subscribe now to read this content
If you are already a subscriber sign in
...or Register for two weeks' free access to subscriber content

MOVERS & SHAKERS

NLJ Career Profile: Kate Gaskell, Flex Legal

NLJ Career Profile: Kate Gaskell, Flex Legal

Kate Gaskell, CEO of Flex Legal, reflects on chasing her childhood dreams underscores the importance of welcoming those from all backgrounds into the profession

Dorsey & Whitney—Jonathan Christy

Dorsey & Whitney—Jonathan Christy

Dispute resolution team welcomes associate in London

Winckworth Sherwood—Kevin McManamon

Winckworth Sherwood—Kevin McManamon

Special education needs and mental capacity expert joins as partner

NEWS
Overcrowded prisons, mental health hospitals and immigration centres are failing to meet international and domestic human rights standards, the National Preventive Mechanism (NPM) has warned
Two speedier and more streamlined qualification routes have been launched for probate and conveyancing professionals
Workplace stress was a contributing factor in almost one in eight cases before the employment tribunal last year, indicating its endemic grip on the UK workplace
In NLJ this week, Ian Smith, emeritus professor at UEA, explores major developments in employment law from the Supreme Court and appellate courts
Writing in NLJ this week, Kamran Rehman and Harriet Campbell of Penningtons Manches Cooper examine Operafund Eco-Invest SICAV plc v Spain, where the Commercial Court held that ICSID and Energy Charter Treaty awards cannot be assigned
back-to-top-scroll