REALWorld Law

Residential leases

Reimbursement of expenses

Are there any limits on the landlord’s right to request reimbursement of expenses (such as property taxes, insurance costs, etc.) from the tenant? Can the concept of “triple net rent” be achieved?

UK - England and Wales UK - England and Wales

UK - England and Wales

It is more usual for the rent to be all inclusive and reflect any insurance, taxes etc which the landlord is liable for as owner of the reversion. With modern build to rent, it is often used as a selling point that all utility bills, such as broadband and heating, are also included in the monthly figure. This is felt to be one of the advantages of renting.