2026 Revaluations - Offices
2026 Revaluations - Offices
The 2026 revaluation is just around the corner — and it could have a big impact on office properties across the UK.
Hover over the map to find out how the 2026 business rates revaluation will impact the office markets in Manchester, Birmingham, London and Leeds
Key Takeaways
- Steady take-up (650,000 sq ft/year)
- Rents up 25–30% since 2021 (£39 psf)
- Prime offices face notable rateable value hikes in 2026
- Flexibility and transport upgrades key drivers
Tenant tip:
Plan for rising costs; leverage flexible space and hybrid work
Landlord tip:
Highlight transport links and flexible workspace
- Prime rents up £5 psf since 2021 (mid-£30s to ~£40)
- Rateable values to rise 10–15% by 2026 (prime offices hit hardest)
- Vacancy low; quality and sustainability in demand
Tenant Tip
Negotiate early; explore flexible workspaces
Landlord Tip
Invest in refurbishments and ESG features
- Education sector fuels growth (250,000+ sq ft in Q3 2024)
- Prime rents £42.50 psf; vacancy 2.7%
- Significant rateable value rise for prime offices in 2026
Tenant tip:
Assess space needs; consider secondary offices to save costs
Landlord tip:
Promote prime location and modern features
- Prime rents up £10 psf since 2021 (mid-£60s to ~£75)
- Tight supply in prime locations; strong demand
- Large rateable value increases expected in 2026
Tenant tip:
Review leases; budget for higher rates; negotiate incentives
Landlord tip:
Maintain quality and flexibility
Whether you’re preparing for the 2026 business rates revaluation, reviewing your office valuation, or planning leasing strategies, Andrea Barnes and the Rerate team provide clear, practical advice to help you stay ahead.
Need expert support with UK office market business rates? Contact Andrea Barnes directly for tailored guidance on navigating the upcoming changes.
Get in contact for tailored support on navigating the 2026 revaluation
