Lease ExtensionENG
A complete and practical legal guide to residential lease extensions to assist practitioners who are negotiating and drafting lease extension agreements.
1 Matter Plan
Overview
This important publication enables practitioners to guide freeholders and tenant clients through the lease extension process.
The commentary, prepared by lawyers with significant knowledge of lease extension laws, discusses issues such as qualifying criteria, valuations, costs, timetables, assignment, conveyancing processes, withdrawal and termination.
Just some of the precedents included in this publication are:
- To Do lists with timetables
- Enclosures for clients explaining the process
- All the statutory forms and notices
- Deed of assignment of s42 notice
- Deed of surrender and regrant of lease
Ready To Use Resources
Choose from ready-to-use legal documents within this Publication.
1 Matter Plan Included
- ALERT - 1. Lessees no longer need to have owned properties for 2 years before starting enfranchisement processes.2. From 3 March 2025, the non-residential limit on right to manage claims rises to 50%: Leasehold and Freehold Reform Act 2024.“1. Lessees no longer need to have owned properties for 2 years before starting enfranchisement processes.2. From 3 March 2025, the non-residential limit on right to manage claims rises to 50%: Leasehold and Freehold Reform Act 2024.”
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- Full Commentary - Lease Extension“null”
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- Reference materials
- Overview“A lease is granted for a fixed number of years, and once those years have expired the property reverts to the landlord. Therefore, by the nature of the beast, a lease is a depreciating asset as it starts to lose value as the lease term diminishes. The statutory rights discussed in this ...”
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- Summary of the process“The usual steps in acting for the tenant on a lease extension are:”
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- Acting for the landlord
- Acting for the tenant
- Further information“”
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- Comments and suggestions for By Lawyers“null”
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Our Authors
More than 45 legal professionals have contributed to By Lawyers' UK publications, all helping to ensure content is updated regularly to reflect changes in legislation, practice and procedure.
Meet Our Authors