Lease extension valuation
If you and your landlord cannot agree on the price
If negotiations fail, either you or your landlord can apply to a tribunal for an independent determination: the First-tier Tribunal (Property Chamber) in England, or the Leasehold Valuation Tribunal in Wales.
The tribunal will consider expert valuation evidence from both sides and decide the correct premium and terms.
You can apply to the tribunal no sooner than 2 months after, and no later than 6 months after, the landlord’s counter-notice under Section 45 of the Leasehold Reform, Housing and Urban Development Act 1993.
There are fees for applying and for the hearing. The tribunal’s decision becomes final after 28 days unless you appeal to the Upper Tribunal (Lands Chamber) with permission.
The tribunal has full power to determine by whom and to what extent costs relating to the proceedings are payable.
Find out more about applying to the tribunal.
- Last updated:
- 16 December 2025
- Next review:
- 16 December 2027
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