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.
There is no legal requirement to instruct a property lawyer to undertake the work involved in varying the lease. As a general rule all property transactions should be undertaken by a property lawyer and advice sought. If you have a mortgage you should inform your lender that you intend to undertake a variation of the lease. They may insist that you instruct a solicitor to ensure that their interests are protected and any variations are registered at the Land Registry.
You may require the services of a solicitor.
More information you might find useful:
- Application to the First-tier Tribunal (Property Chamber): Variation of leases
- I am in dispute with my landlord but I do not want to go to Court or Tribunal. Is there an alternative?
- Land Registry (external link)
Still not found the answer?
Contact LEASE to have your enquiry dealt with by one of our experienced advisers