Lease Extensions
How can we help?
Informal Lease Extension
When a tenant has agreed the terms of a new lease informally with their landlord we can help ensure that the new terms of the lease are acceptable to both the tenant and lender (if applicable) and assist with registering the new lease at the land registry.
We are equally happy drafting the new lease if instructed by a landlord who has agreed the terms of the lease with their tenant.
Statutory Lease Extension
Our team of lawyers are experienced at dealing with statutory notices and are fully aware of the pitfalls that can beset a statutory lease extension. If instructed by a tenant we will ensure that they, the building and the landlord all qualify for the statutory extension before ensuring that the notice is correctly drafted and served. We can receive the landlord’s response and will ensure that the strict time table set out in the statute is complied with.
When acting for a landlord, we can advise on whether a notice served by a tenant is valid and draft the necessary counter notice.. We can draft the new lease and account for the premium paid for by the tenant.
Should an agreement on the premium not be reached, we can provide advice regarding applying to the First Tier Tribunal.
You can therefore rest assured that you are in safe hands when you instruct us.
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