Over time demand to rent property can change for a variety of factors, as such market rentals can also change during a lease period.
Long term leases and leases with further option periods, often allow for a review of the existing rent to market.
At Mason’s we specialize in providing current market rental advice to both landlords and tenants who are looking to reset the current rental to market at the beginning of a new lease term.
Comprehensive and independent valuation advice from Mason’s will provide you with the correct and balanced view of current market conditions, so that you are informed and in a position to negotiate a sensible and timely outcome avoiding the potential for a costly and lengthy rental determination.