Newsletter - Links - Advertise - Contact Us - Privacy
 

RICS reports increase in rental disputes

June 19 2009

RICS have claimed a 30% increase in the number of rent reviews taking place as part of its Dispute Resolution Service in the last year as a result of the economic downturn.

They said the most significant increase in disputes has been for small shops with an annual rent of under £15,000.

“Because of the recession, some landlords are looking for higher rents from their tenants, however, for the same reasons those tenants simply cannot afford the increases," said Jasmine Sneddon, Head of RICS Scotland Dispute Resolution Service.

 

Post your comments

 

All comments are pre-moderated and
must obey our house rules.

 

Back to June 2009

Search News
Subscribe to Urban Realm Magazine
Features & Reports
For more information from the industry visit our Features & Reports section.