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Proposal to Outlaw Upwards Only Rent Reviews
On 10 July 2025, the Government introduced the English Devolution and Community Empowerment Bill (the Bill). The purpose of the Bill is to deliver devolution across England and ‘tool up’ communities to shape their local areas. There are some unexpected proposals in the draft legislation, including in the commercial property context – in particular, a proposed ban on all upwards only rent reviews for new (commercial) leases in England and Wales (referred to as ‘U-ORB’ in this article). Why?
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