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

A complete and practical legal guide to residential lease extensions to assist practitioners who are negotiating and drafting lease extension agreements. Freeholders and tenant clients can be guided through the entire process.

The commentary has been prepared by experienced legal practitioners with significant knowledge of lease extension laws, and discusses issues such as qualifying criteria, valuations, costs, timetables, assignment, conveyancing processes, withdrawal, and termination.

Precedents provided with this publication include:

  • To do lists with timetables;
  • Enclosures for clients explaining the process;
  • All required statutory forms and notices;
  • Deed of assignment of s 42 notice;
  • Deed of surrender and regrant of lease.

The comprehensive Retainer Instructions ensures nothing is missed and the client is properly advised.

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1 Matter Plan Included


  • Bylawyers
    ALERT - From 1 October 2024, the Land Registry will not accept first registration applications made by conveyancers with certified copy deeds and documents. Original deeds and documents will be required, where available. See paragraph 4.4.4. of Practice Guide 1.
    “From 1 October 2024, the Land Registry will not accept first registration applications made by conveyancers with certified copy deeds and documents. Original deeds and documents will be required, where available. See paragraph 4.4.4. of Practice Guide 1.”

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  • Bylawyers
    Full Commentary - Lease Extension
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  • Bylawyers
    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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  • Bylawyers
    Summary of the process
    “The usual steps in acting for the tenant on a lease extension are:”

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  • Bylawyers
    Further information
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  • Bylawyers
    Comments and suggestions for By Lawyers
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Our Authors

More than 50 legal professionals have contributed to By Lawyers' publications, all helping to ensure content is updated regularly to reflect changes in legislation, practice and procedure.

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