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ARTICLE · 30 MARCH 2026

What Goes Up, Might Come Down… Sooner Than Expected

Wrigleys Solicitors LLP
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Since our November 2025 article on the proposed ban on upwards only rent reviews, the English Devolution and Community Empowerment Bill has continued its passage through Parliament and has now reached the Report...

United KingdomReal Estate and Construction
Susannah Hope
Susannah Hope
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Update on the proposed ban on upwards only rent reviews.

Since our November 2025 article on the proposed ban on upwards only rent reviews, the English Devolution and Community Empowerment Bill has continued its passage through Parliament and has now reached the Report Stage in the House of Lords. A recent amendment tabled by Baroness Taylor of Stevenage has shifted expectations about how the ban may operate in practice and could widen its scope in a way that affects transactions completing now.

The proposed amendment – potential retrospective effect

As at the latest version of the Bill, published on 5 March 2026, the ban on upwards only rent reviews is not retrospective, save for a limited exception relating to certain superior lease clauses. However, the newly proposed amendment would broaden the ban so that, for leases granted on or after 17 March 2026, the following would fall within its scope:

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