Richard Snape

speaker
890 appearances 8 recordings 1 series first heard May 2026 last heard 22 Jul

Richard Snape’s voice in public audio — every appearance, attributed to the second.

Trend

recordings per month · last 12 months
5 · Jul OctJan 26AprJulnow

Recordings per month over the last 12 months — 8 in all, peaking in Jul 2026 with 5.

Appearances

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It's actually a lot easier to deal with than than sort of
you know, open market rent review and having independent experts and the likes and arbitration to decide it.
But uh
Yeah, it depends on market forces, but yeah.
No, once the legislation comes in it'll have to be subject to upward and downward no matter what you've said.
And if you've had pre agreed that would be
No.
It's still gonna be subject if the lease itself or the agreement for lease was entered into from whenever the legislation comes into force.
It'll have to have an upward and downward rent review.
It's still in existence.
It's just that it must be subject to upward and downward rent review.
It doesn't suddenly render the whole of the rent review clause void.
My pleasure Liza but that will be returning to the subject of upward and downward rent reviews over the next couple of years, if not longer.
I think the other thing that people haven't particularly asked about is that
one way of avoiding upward and downward rent reviews is have short leases that don't have rent reviews in them, which is what the majority of high street retail has anyway.
And I suspect they're gonna have even more so.
And tenants want shorter leases.
They don't want to be stuck as they find out during the financial crisis.
Two thousand eight, nine and lockdowns.
So I think that's the other possibility.
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