Quiz - how well do you understand your lease?
Understand the key things you should know about your lease. If you are a purchaser, this can help make sure your solicitor has covered all of these points and explained them clearly to you.
You don’t have to use the law when negotiating a lease extension with your landlord. You can either negotiate formally or informally your lease extension with your landlord.
If you use the formal process, you are using the law to negotiate.
Otherwise, you can negotiate informally with your landlord to extend your lease, either on the same terms as under the Act or on different terms. If you cannot agree the terms you will not be able to go to the First-tier Tribunal (Property Chamber) unless you have applied to extend your lease under the Act.
Download a template informal letter enquiring about lease extension of a flat, or to purchase the freehold of a house or flat
Lease extension can be a difficult process. We recommend you get professional help from a solicitor and surveyor with experience in this area.
More information you might find useful:
- Lease Extension – Getting Started
- Application to the First-tier Tribunal (Property Chamber)
- I am in dispute with my landlord but I do not want to go to Court or Tribunal. Is there an alternative?
- More Frequently Asked Questions on Lease Extension
- Lease Extension Calculator
Still not found the answer?
Contact LEASE to have your enquiry dealt with by one of our experienced advisers