As a specialist in lease renewals you will be responsible for negotiating between both parties in a review of the rent and lease terms. A thorough knowledge of the Landlord & Tenant Act 1954 is required, as is a working understanding of the traditional rent disputes that occur during the negotiation process.
Where there is no automatic renewal there needs to be adherence to the timetable prescribed by the law, in the serving of a Section 25, or section 26, notice.
Resolving the terms of a lease renewal mutually is the best scenario, but sometimes you will be required to send cases for arbitration, so it will help to have experience of this also. This is engaging and rewarding work for the professional with a background in negotiating lease renewals.
Traditionally this role will fall under estate management and not be an isolated position, although there will of course always be opportunities for specialist lease renewal negotiators.