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.

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