Rent Review - increase

[alis]

My landlord has just completed a rent review on the building i rent and is intending to increase the. I always thought the rent should reflect the rateable value of the property.

My rent is 25000 per annum agreed in the lease.
Rateable value 19300 per annum @ 0.41 = 7913

Landlord wants to increase it by 10000

i personally think i am paying too much in the first place - what can i do. Is there an argument to stop the increase.

Can he by law increase it in anyway i.e. through the courts

Thanks

[Paul_f]

You're not giving much information about your lease but the landlord can try and obtain as much rent as he thinks it's worth. Tell is much more such as term, period of reviews etc. and how long you ahve been there.

Use similar properties nearby to argue your case of you can.

Take advice from an independent Chartered Surveyor.

[Editor]

In fact rateble value if a function of rent, not the other way round.
Rent reviews are a process of negotiation and you will see more on this in other posts and on the web site.
As Paul says, you need to put together your own case against that of your landlord based on comparable rents in your area. You need to establish - what is the current market rent for your type of property in that locality?
A chartered surveyor dealing with commercial property in your area is the best person to help. This person will handle the whole process for you and, given the values you are talking of here, this service will more that pay for itself.