A lease extension is in effect a new lease and can be agreed either voluntarily by the landlord and leaseholder or unilaterally on application by the leaseholder under statute and on statutory terms.

Decisions about lease extensions are ones for the landlord/ freeholder not managing agents. 

Covering Topics

  • Overview
  • Why are Lease Extensions Desirable?
  • Who Can Seek a Lease Extension by Statute?
  • Procedure for a Lease Extension Under Statute
  • Leasehold Reform (Ground Rent) Act 2022
  • Can the Extension be Withheld if the Leaseholder Applies?
  • The Legal Effects on Other Parties
  • Sources of Advice for Leaseholders

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