Deadline for Rent Review

Proxima GR Properties Ltd v Spencer (UT) – concerning the premiums payable for three new lease claims, in particular the amount payable in respect of ground rent where a rent review was due in 2005 but the new rent was not determined until 2016 – considers the legal effect of letters sent by the leaseholder in 2010 which set a deadline for the rent review, and whether they had made time of the essence for the rent review.

For more information see the UK Upper Tribunal (Lands Chamber).

Written by James Naylor

Partner, Naylor Solicitors LLP.

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