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.
This depends on whether you are going through the process formally or informally.
If you extending your lease formally, the landlord is permitted to make certain changes (variations) to the terms of the lease so long as they are in accordance with the provisions of the law.
If you are extending a lease informally there are no rules because you are acting outside of the provisions of the Act. You can try to negotiate with the landlord and if they insist on varying the lease you can either accept their offer or proceed using the Act if applicable.
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
- Lease Extension Calculator
- More Frequently Asked Questions on Lease Extension
- Information on the 1993 Act on legislation.gov.uk (external link)
Still not found the answer?
Contact LEASE to have your enquiry dealt with by one of our experienced advisers