Renegotiating a commercial lease
Is your lease due for renewal, or has your landlord proposed new terms? We compare your lease with the market and identify alternatives, so you know where you stand before speaking to the landlord.
- Suitable for
- Leases due for renewal or for which notice has been given
- You get
- Information about the market and your alternatives
- Get in touch
- In good time before the extension
- Cost
- Quoted separately and agreed before the start Read more
You know where you stand
We prepare the comparison well before your next lease is due to be signed. You use it in your discussions with the landlord, and we act as a sounding board beforehand.
How the lease compares
The terms of your lease compared with what is available on the market.
Which alternatives exist
Premises that could suit you if you would rather move.
Get in touch in good time
Ideally before the lease is due for renewal or before notice must be given, so that the comparison is ready when you need it. If you have already received notice from the landlord, get in touch straight away. You have two months to turn to the Regional Rent Tribunal (Hyresnämnden).
What does it cost?
Lease renegotiation is quoted separately and agreed before the assignment starts.
In short
Before a lease renegotiation, Locality compares your lease with the market and identifies the alternatives available. You handle the discussions with the landlord, and we act as a sounding board beforehand. We provide a separate quote and agree the fee before the work begins.
Good to know
- No right to an extension, but sometimes to compensation. If the landlord does not want to extend, or you do not accept the landlord’s new terms, you may be entitled to compensation of at least one year’s rent. There are exceptions, for example if the landlord’s terms are reasonable or if the right has been waived by agreement. A rent above the market rent is never considered reasonable.
- Two months after the landlord’s notice. If you do not want to move without compensation, you must turn to the Regional Rent Tribunal within two months of the notice. Otherwise you lose the right to compensation. The notice must state the landlord’s terms, or why the lease is not being extended, and inform you of the deadline. Otherwise it is not valid.
- You can ask for new terms yourselves. You then give notice on the lease in writing and state which changes you want, for example a lower rent. If you cannot agree, you must turn to the Regional Rent Tribunal within two months of the notice, otherwise the notice is not valid.
- The Regional Rent Tribunal mediates but does not set the new rent. The tribunal tries to bring you to an agreement and must give its opinion on the market rent if either of you asks for it. If you do not reach an agreement, the case is closed.
Read more about giving notice on a commercial lease.
If you need legal help, we work with the most experienced lawyers in the industry, who have expertise in your particular issue.
Frequently asked questions
- When should we get in touch?
- In good time before the lease is due for renewal or before notice must be given, so that the comparison is ready when you need it. If you have already received notice from the landlord, get in touch straight away. You have two months from the notice to turn to the Regional Rent Tribunal (Hyresnämnden).
- What if we would rather move?
- Then we can help you find new premises. The information about other premises on the market will also be useful if you decide to move.