UK rent review mechanism that prohibits rent decreases.

  • UK rent review mechanism that prohibits rent decreases.
  • Almost universal in UK Class A.

Upwards-only rent review

Leasing · UK

Short definition

UK rent review mechanism that prohibits rent decreases.

Full definition

Almost universal in UK Class A. At review, the rent rises to market or stays the same — never falls. Tenants negotiate (rarely successfully) for collar-and-cap structures. Major asset-value driver for UK landlords.

Why this matters for Class A leasing

Upwards-only rent review is part of the leasing vocabulary that institutional Class A occupiers, landlords, and advisers use across UK markets. Understanding it correctly affects how you read lease documents, model occupancy economics, and benchmark deal terms across cities. Class A Atlas tracks the UK definition alongside the global standard so cross-border occupiers can translate quickly.