A lease is typically seen as having fixed terms over the duration of the agreement without any ability to change until the lease ends and terms renegotiated. There are however instances where it’s possible to renegotiate the terms mid-way through a lease in a way that can prove mutually beneficial for both the landlord and the tenant. Removing unwanted breaks, extending the term or altering repair obligations all provide opportunities to renegotiate. We have extensive experience dealing with complex re-gear opportunities that have produced millions of pounds worth of financial benefits as well as loosened lease restrictions and reduced repair obligations. Ultimately no two circumstances are the same and a free lease health check and initial discussion could help release the hidden value in your lease.