Lease extension: getting started
Extending your lease can protect the value of your flat and make it easier to sell or remortgage. As your lease gets shorter, the value of your flat usually goes down. Once the remaining term falls below 80 years, extending a lease becomes much more expensive because of an additional payment called marriage value.
There are 2 main ways to extend your lease:
- negotiate directly with your landlord (the informal route)
- use your legal right (the formal route)
You can use the lease length checker tool to find out how many years are left on your lease. You can also use the lease extension calculator to get an estimate of how much a lease extension might cost.
The law on lease extension is changing. Find out more about upcoming reforms and how the upcoming changes could affect the cost and process of extending your lease.
Why extend your lease
Extending your lease adds years to the lease and can:
- increase the value of your flat – buyers usually prefer long leases
- make it easier to sell or remortgage – lenders usually prefer long leases
- help you negotiate new lease terms
- avoid paying marriage value once your lease drops below 80 years
- prevent your lease from becoming too short to sell or remortgage easily
If your lease has less than 85 years remaining, it’s generally a good time to start considering an extension. Acting before it reaches 80 years can save you a considerable amount of money.
The 2 routes to extending your lease
Informal route (negotiate directly with your landlord)
You can ask your landlord if they are willing to extend your lease without using the formal process. This is sometimes faster and may involve lower legal costs. However, your landlord does not have to agree, and the informal route does not offer the same protections as a statutory (formal) lease extension.
If you use this route, make sure you understand:
- the length of the extension
- how much the ground rent will be
- if any other terms in your lease are changing
Read more on the informal route.
If you cannot agree, and you qualify under the Act, you can switch to the formal route.
Formal route (statutory process under the 1993 Act)
To qualify for formal extension, you must hold a long lease (21 years or more when it was first granted) on a flat, and that lease must not be excluded by the Leasehold Reform, Housing and Urban Development Act 1993.
The formal process gives you the right to extend your lease by adding 90 years and reduce the ground rent to zero (known as a “peppercorn rent”).
The formal process to extend a lease starts when you serve a tenant’s notice (known as a Section 42 notice) on your landlord and ends with the grant of a new lease.
This process sets out legal time limits for:
- serve a tenant’s notice (Section 42) on your landlord
- the landlord responds with a counter-notice (Section 45)
- negotiate on the premium and lease terms
- if you cannot agree, apply to the First-tier Tribunal (Property Chamber) in England, or the Leasehold Valuation Tribunal in Wales
The formal route gives you stronger rights and clearer deadlines, but it can take longer and involve additional costs.
How much will it cost (valuation)
The price you pay to extend your lease is called the premium.
Use our lease extension calculator tool to get an estimate. For a precise figure, you should get a professional valuation. Please note, we do not provide written or telephone advice on valuation.
For an overview, read our guide on valuation and costs.
You will also need to pay your own legal and valuation costs and your landlord's reasonable costs.
If your situation is more complex
In some cases, the usual process does not apply, for example:
- if you are selling or buying and want to extend at the same time
- if you have inherited a flat with a short lease
- if your landlord is missing or not responding
- if you own a share of the freehold
These cases follow different procedures.
Read guidance for extending your lease if your situation is more complex.
Getting professional help
Extending a lease is a legal process and you usually need both a solicitor and a valuer (surveyors often call themselves valuation surveyors). You should choose professionals with experience in lease extensions.
Please note, we can explain the process and help you understand your options, but we cannot act for you or provide valuation figures.
- Last updated:
- 16 December 2025
- Next review:
- 6 December 2027
Related content
How the informal lease extension process works and what to consider before agreeing
Advice guideStep-by-step guidance on extending your lease using the formal legal process
Advice guide