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What is happening with Lease Renewals?

Now more than ever, it is vital to maintain stable, secure and safe tenancies, which is achieved by renewing fixed-term leases. Tenants are encouraged to sign their lease renewals several weeks prior to the end of the lease.

Fortunately, last year we introduced electronic signing of leases, so lease renewals are processed efficiently and safely without the need for face-to-face meetings or exchange of paperwork.

More recently (April 2020) we introduced state-of-the art technology called ONE TOUCH EXECUTION which doesn’t even require a digital signature. Tenants are finding this process so easy, turnaround times for leases has been reduced to just a few days.

We recommend to owners to consider carefully any rent raises as many tenants’ financial situation will be unsettled and the goodwill an owner shows in these circumstances will benefit you in the long run.

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