Landlords will breathe a sigh of relief following the recent reversal of the decision in the much-reported case of Scottish and Newcastle v Raguz. It dealt with the requirement on landlords to serve notices on each outstanding payment date during the rent review process in order to have the right to collect the increased rent payable.
The decision that this is not required not only reduces the administrative burden on landlords, but also removes the risk that they may suffer loss through a relatively trivial administrative oversight.
Partner Note
Scottish & Newcastle v Raguz. Reported in the Times, 30 October 2008.