--- title: Lorenz Consultancy Blog | Lease Renewal description: Lease Renewal | --- - [Services](https://www.lorenzconsultancy.com/services/) - [All Services](https://www.lorenzconsultancy.com/services/) - [Lettings/Sales](https://www.lorenzconsultancy.com/services/agency-disposal/) - [Property Acquisitions](https://www.lorenzconsultancy.com/services/office-lettings/) - [Rent Review](https://www.lorenzconsultancy.com/services/rent-review/) - [Lease Renewal](https://www.lorenzconsultancy.com/services/lease-renewal/) - [Dilapidations](https://www.lorenzconsultancy.com/services/dilapidations/) - [Serviced Offices](https://www.lorenzconsultancy.com/services/serviced-offices/) - [Property Search](https://www.lorenzconsultancy.com/property-search/) - [Commercial Property](https://www.lorenzconsultancy.com/property-search/) - [London Villages](https://www.lorenzconsultancy.com/about/london-villages/) - [Clients](https://www.lorenzconsultancy.com/clients/) - [About](https://www.lorenzconsultancy.com/about/) - [Company](https://www.lorenzconsultancy.com/about/) - [Our Team](https://www.lorenzconsultancy.com/about/our-team/) - [Resources](https://www.lorenzconsultancy.com/resources/) - [Downloads](https://www.lorenzconsultancy.com/resources/) - [Space Calculator](https://www.lorenzconsultancy.com/space-calculator/) - [News](https://blog.lorenzconsultancy.com/) - [Contact](https://www.lorenzconsultancy.com/contact/) # Latest News Find out what's been happening at Lorenz Consultancy. [All](https://blog.lorenzconsultancy.com/topic/lease-renewal#cat--all) [Advice](https://blog.lorenzconsultancy.com/topic/lease-renewal#cat--advice) [Blog](https://blog.lorenzconsultancy.com/topic/lease-renewal#cat--blog) [Deals](https://blog.lorenzconsultancy.com/topic/lease-renewal#cat--deals) [News](https://blog.lorenzconsultancy.com/topic/lease-renewal#cat--news) ### [![](https://blog.lorenzconsultancy.com/hubfs/helloquence-OQMZwNd3ThU-unsplash.jpg) When is an Outside The Act Lease "Inside The Act"? The 1954 Landlord and Tenant Act gave Tenants the rights, whose Leases Expire, the ability to renew at market rental terms. Read article](https://blog.lorenzconsultancy.com/when-outside-the-act-is-inside-the-act-1) ### [![Market Rent Guide 2019](https://blog.lorenzconsultancy.com/hubfs/Market%20Rent%20Guide%202019.png) TLC Market Rent Guide Looking for offices? Download our Market Rent Guide to see the approximate minimum to maximum rent that you should be budgeting for in each area of London. Read article](https://blog.lorenzconsultancy.com/tlc-market-rent-guide) ### [![Annual Review News Page Square](https://blog.lorenzconsultancy.com/hubfs/Annual%20Review%20News%20Page%20Square.png) Looking Back on 2018 - the Lorenz Consultancy's Year in Review Despite Brexit, the Commercial Property market in Central London held up unbelievably in 2018, and proved a very successful and transformative year for The Lorenz Consultancy. Our Agency Department were involved in acquisitions and disposals, on a rent roll of £7.5 million per year, and our Professional Department were involved in £13 million worth of rental transactions, on a total area of some 175,000 sq ft. Read article](https://blog.lorenzconsultancy.com/looking-back-on-2018-the-lorenz-consultancys-year-in-review) ### [![Ruskin Hotel](https://blog.lorenzconsultancy.com/hubfs/Ruskin.png) A BONUS DEAL FOR THE RUSKIN HOTEL We were appointed by The Ruskin Hotel to handle a lease renewal, after which, the Estate decided to redevelop the property, forcing an early exit for the Tenant, under the Landlord and Tenant Act. With timing and co-operation, our Clients were paid a substantive bonus, over and above statutory compensation, and we also managed to minimise the Dilapidations claim. Read article](https://blog.lorenzconsultancy.com/a-bonus-deal-for-the-ruskin-hotel) ### [![55 bishopsgate2](https://blog.lorenzconsultancy.com/hubfs/55%20bishopsgate2.jpg) 1,500 SQ FT CITY PENTHOUSE OFFICE LET TO FINANCE COMPANY The Lorenz Consultancy were instructed to market part of the floor, comprising 1,500 sq ft fitted accommodation, and after a relatively short marketing campaign, a subtenant was secured for a term of 2 years. Read article](https://blog.lorenzconsultancy.com/1500-sq-ft-city-penthouse-office-let-to-finance-company) ### [![shutterstock_293583077 (1).jpg](https://blog.lorenzconsultancy.com/hubfs/shutterstock_293583077%20(1).jpg) How can a lease end? The appropriate method of termination depends on whether the lease has the protection of the Landlord and Tenant Act 1954, which party wants to bring it to an end, whether the lease is coming to its contractual end or one party wants to get out of it early, and whether the tenant is in breach of any of the lease terms. Read article](https://blog.lorenzconsultancy.com/how-can-a-lease-end) ### [![shutterstock_153875747 (2).jpg](https://blog.lorenzconsultancy.com/hubfs/shutterstock_153875747%20(2).jpg) What to do when there is no Schedule of Condition In Dem-Master Demolition Ltd v Healthcare environmental services Ltd \[2017\] CSOH 14 the Outer House of the Court of Session considered the interpretation of the repairing clause in a commercial lease which referred to a photographic schedule of condition but the schedule of condition had never been prepared. Read article](https://blog.lorenzconsultancy.com/what-to-do-when-there-is-no-schedule-of-condition) ### [![image (45).png](https://blog.lorenzconsultancy.com/hubfs/image%20(45).png) 2,321 SQ FT OFFICE ACQUIRED FOR ESTABLISHED MARITIME LAW FIRM We were retained by Jackson Parton Solicitors, to source suitable office space for relocation, driven by lease expiry. Read article](https://blog.lorenzconsultancy.com/2321-sq-ft-office-acquired-for-established-maritime-law-firm) ### [![Golden-Nuggett](https://blog.lorenzconsultancy.com/hubfs/Golden-Nuggett.jpg) THE HOUSE WINS! THE GOLDEN NUGGET SEPTEMBER 2015 RENT REVIEW SETTLED AT NO INCREASE THE HOUSE WINS! THE GOLDEN NUGGET SEPTEMBER 2015 RENT REVIEW SETTLED AT NO INCREASE Read article](https://blog.lorenzconsultancy.com/the-house-wins-the-golden-nugget-september-2015-rent-review-settled-at-no-increase) ### [![Screenshot-2017-11-23-16.21.39.png](https://blog.lorenzconsultancy.com/hubfs/Screenshot-2017-11-23-16.21.39.png) LONDON COMMERCIAL PROPERTY SECTOR SET TO SEE RECORD INVESTMENT DESPITE BREXIT Latest figures show that the uncertainty surrounding Brexit negotiations is not having impact on the London’s Commercial Property sector Read article](https://blog.lorenzconsultancy.com/london-commercial-property-sector-set-to-see-record-investment-despite-brexit) ### [![shutterstock_747938875-2-300x300.png](https://blog.lorenzconsultancy.com/hubfs/shutterstock_747938875-2-300x300.png) London has been named the top European economic city, making the UK the most attractive country for employers The UK has been dubbed the most attractive country for employers and staff, with London retaining its crown as the top European economic city, according to a new report. Read article](https://blog.lorenzconsultancy.com/london-has-been-named-the-top-european-economic-city-making-the-uk-the-most-attractive-country-for-employers) ### [![7-8.jpg](https://blog.lorenzconsultancy.com/hubfs/7-8.jpg) 1,504 SQ FT MAYFAIR OFFICE LET TO PROPERTY CONSULTANTS Fawcett Mead instructed us to handle the renewal negotiations at their offices in Great Portland Street, whilst simultaneously searching for suitable premises to relocate. Read article](https://blog.lorenzconsultancy.com/1504-sq-ft-mayfair-office-let-to-property-consultants) ### [![River Brent Business Park.jpg](https://blog.lorenzconsultancy.com/hubfs/River%20Brent%20Business%20Park.jpg) 40,000 SQ FT INDUSTRIAL PREMISES ACQUIRED FOR INTERIOR DESIGN / FURNITURE COMPANY A friend of the firm asked us to handle the negotiations of 3 industrial units, comprising 40,000 sq ft in West London. Read article](https://blog.lorenzconsultancy.com/40000-sq-ft-industrial-premises-acquired-for-interior-design-/-furniture-company) ### [![shutterstock_648384589.jpg](https://blog.lorenzconsultancy.com/hubfs/shutterstock_648384589.jpg) Rent Review Checklist Over 10% of Rent Reviews will have to go all the way to Expert or Arbitrated Determination by the end of 2018, so it's important that Tenants are prepared. Read article](https://blog.lorenzconsultancy.com/rent-review-checklist) ### [![Regus (1).png](https://blog.lorenzconsultancy.com/hubfs/Regus%20(1).png) Both investor and occupier demand in the UK’s commercial property market edged up during the third quarter of 2017 Both investor and occupier demand in the UK’s commercial property market edged up during the third quarter of 2017 but there is more caution around the central London market, the latest analysis report shows. Read article](https://blog.lorenzconsultancy.com/both-investor-and-occupier-demand-in-the-uks-commercial-property-market-edged-up-during-the-third-quarter-of-2017) ### [![179 Tottenham Court Road.png](https://blog.lorenzconsultancy.com/hubfs/179%20Tottenham%20Court%20Road.png) 1,076 SQ FT FITZROVIA OFFICE FLOOR LET TO FIRM OF ACCOUNTANTS The Lorenz Consultancy have managed the parade of offices on Tottenham Court Road on behalf of Lazari Investments Ltd for many years. Read article](https://blog.lorenzconsultancy.com/1458-sq-ft-top-quality-showroom-office-space-let-to-design-company-0) ### [1,458 SQ FT TOP QUALITY SHOWROOM / OFFICE SPACE LET TO DESIGN COMPANY Jo Cowen Architects instructed us to source and secure a new premises, to accommodate urgent expansion requirements. Read article](https://blog.lorenzconsultancy.com/1458-sq-ft-top-quality-showroom-office-space-let-to-design-company) ### [![old union yard arches.jpg](https://blog.lorenzconsultancy.com/hubfs/old%20union%20yard%20arches.jpg) Creative marketing co complete new lease on 2,209 sq ft self-contained ground and mezzanine office arches Creative marketing co complete new lease on 2,209 sq ft self-contained ground and mezzanine office arches Read article](https://blog.lorenzconsultancy.com/creative-marketing-co-complete-new-lease-on-2209-sq-ft-self-contained-ground-and-mezzanine-office-arches) ### [![Rent Review Guide Square2.png](https://blog.lorenzconsultancy.com/hubfs/Rent%20Review%20Guide%20Square2.png) TLC GUIDE TO COMMERCIAL RENT REVIEWS Download our Commercial Guide to Rent Reviews. Get informed, get expert help, and get ready for the toughest market ever. What to do and how to get expert help. Read article](https://blog.lorenzconsultancy.com/tlc-guide-to-commercial-rent-reviews) ### [![40 George Street high res (4).jpg](https://blog.lorenzconsultancy.com/hubfs/40%20George%20Street%20high%20res%20(4).jpg) Third floor George Street office space let to reputable hospitality group Lease completed and third floor office space on George Street now successfully let to a reputable hospitality group. Read article](https://blog.lorenzconsultancy.com/third-floor-george-street-office-space-let-to-reputable-hospitality-company) ### [![exterior.jpeg](https://blog.lorenzconsultancy.com/hubfs/exterior.jpeg) Fantastic 1st floor office let to independent Finance Company ANOTHER SUCCESSFUL LETTING! 8 Headfort Place - Fantastic 1st floor fully serviced office let to independent Finance Company Read article](https://blog.lorenzconsultancy.com/fantastic-office-let-to-independent-finance-company) ### [![ousode.png](https://blog.lorenzconsultancy.com/hubfs/ousode.png) Read this before signing a lease outside The Act Landlords no longer need to contract outside the 1954 Landlord and Tenant Act to preserve the value of their assets. Read article](https://blog.lorenzconsultancy.com/commercial-property-read-this-before-signing-a-lease-outside-the-act) ### [![boing-367488-edited.png](https://blog.lorenzconsultancy.com/hubfs/boing-367488-edited.png) The Toughest Market Ever Having represented Landlords and Tenants for over 40+ years on Commercial Property Rent Reviews and Lease Renewals, we have rarely had to resort to Arbitration or the Courts respectively, but has 2017 proven to be the toughest year ever? Here's how to strategise for success... Read article](https://blog.lorenzconsultancy.com/the-toughest-market-ever) ### [![](https://www.lorenzconsultancy.com/images/news/2017/recruitment-for-renew-office-lease-in-fleet-street.jpg) Recruitment for Renew Office Lease in Fleet Street Recruitment for Renew Office Lease in Fleet Street Read article](https://blog.lorenzconsultancy.com/recruitment-for-renew-office-lease-in-fleet-street) ## 'We consulted with The Lorenz Consultancy Agency Team when searching for warehouse premises and a London showroom for our expanding furniture business. The team sent us a great selection of properties, we settled on one we liked with good transport access (as we have lots of deliveries in and out) and the Lorenz team negotiated a superb deal for us. A charismatic team with unrivalled experience and skill, and it shows!' - Ben Hall Loft Interiors ## [Need further help and advice?](https://www.lorenzconsultancy.com/contact/) [Contact us now](https://lorenz.prelive.review/contact) [![Lorenz Consultancy](https://cdn2.hubspot.net/hubfs/6850714/lorenz.svg)](https://blog.lorenzconsultancy.com/) #### Quick Links - [Home Page](https://www.lorenzconsultancy.com/) - [About](https://www.lorenzconsultancy.com/about/) - [Services](https://www.lorenzconsultancy.com/services/) - [News](https://www.lorenzconsultancy.com/news/) - [Property Search](https://www.lorenzconsultancy.com/property-search/) - [Contact](https://www.lorenzconsultancy.com/contact/) - [Clients](https://www.lorenzconsultancy.com/clients/) - [Resources](https://www.lorenzconsultancy.com/resources/) #### Contact 24 Hanover Square London W1S 1JD [Find us on Google Maps](https://www.google.co.uk/maps/place/The+Lorenz+Consultancy/@51.5132579,-0.1460761,17z/data=!3m1!4b1!4m5!3m4!1s0x4876052b21f9646d:0xfd7daa9cf9e80209!8m2!3d51.5132579!4d-0.1438874) [+44 (0) 207 629 9898](tel:+442076299898) #### Stay updated - Facebook - Twitter - Instagram © 2020 The Lorenz Consultancy, all rights reserved. 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