Lease Extension – Legal Guide

The Right to Extend the lease of your flat or apartment permits you to allows a tenant to ‘purchase’ a longer lease term from the landlord at market price, provided certain conditions are met, as deatiled in our Guide. 

The right permits the new lease to be extended 90 years after the date on which the exisitng lease expires. The Right to Extend includes a right to reduce the ground rent to zero.

If possible, it is important to consider extending your lease before the lease term falls below 82 years. This is because the cost of extending your lease can increase significantly if the term falls below 80 years and it is wise to allow time to deal with the extension claim.

Disclaimer: This guide contains general information only and does not constitute legal advice.  You need to consult a suitably qualified lawyer from the firm on any specific legal issue. 

Companies & Businesses

Legal support to owner-managed and corporate businesses in East Anglia

Personal Wealth

Make or Review Your Will

Create Power of Attorney

Arrange Court of Protection Deputyship

Arrange Probate

Property Development

Barr Ellison has built a solid reputation over the years for working with our clients to achieve enhanced value for their land through property development.