I’ve seen tenants invest tens of thousands of pounds into their properties to create beautiful spaces that align with their brand vision. However, there are 3 critical things to keep in mind before starting any renovations:
🚥 Does your lease allow alterations? Leases can permit full, partial, or no changes without landlord consent. It’s crucial to understand your rights.
⏳️ Is a rent review coming up? Landlords can charge you more rent for upgrades you’ve made if you don’t follow the lease properly.
🔚 What’s your plan when the lease ends? Most leases require you to remove all alterations, or you may face penalties.
Those are just a few key factors before renovating a leased property. Many tenants encounter issues from lacking information and communication. At Olawill, we are trusted leasing advisors who ensure you’re aware of all risks and can negotiate creatively with your landlord on your behalf.
Call today for a consultation.
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