Commercial

Rent Review

Project rent at review under open market, fixed uplift or index-linked terms.

Intermediate

Introduction

Who this is for: Landlords and tenants preparing for a rent review.

Why it matters: Review basis matters enormously. An RPI-linked review with a collar and cap behaves very differently from an open market review, and most UK commercial reviews are upward-only.

Typical scenario: A five-yearly RPI-linked review with a 1% collar and 4% cap, on a lease with three years since the last review.

Common mistakes:
  • Forgetting the upward-only provision — rent cannot fall at review under most UK leases.
  • Applying the headline index rate without checking collar and cap.
  • Ignoring compounding across multiple review periods.

Inputs

Current Position

£

years

Review Terms

£
%
%
%

Analysis

On a index-linked basis over 5 years, rent moves from £75,000 to £87,793 — an uplift of 17.1%, equivalent to 3.20% a year.

This analysis provides context, not financial advice. Consult a qualified adviser before making investment decisions.

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Sensitivity Analysis

Sensitivity

Adjust the variables below to stress-test this scenario. Results update instantly.

£75,000
£0£150,000
£88,000
£0£176,000
3.2%
-520

Export

Live Results

Rent at Review

£87,793

Uplift

£12,793

Total Uplift

17.06%

Effective Annual Rate

3.20%

Rate Applied3.20%
Monthly Increase£1,066