Lease Renewal (tenant)

Lease renewal and extension procedures are typically started by the party leasing the property. If you are a tenant wishing to extend your lease, you will require a legal service provider to handle proceedings in conjunction with the landlord’s legal representative.

You may request a lease extension at any time during the leasehold period. The maximum extension that can be applied for by a tenant is 90 years on a flat and 50 years on a house. There is no minimum leasehold extension period.

A legal service provider appointed as mediator will liaise with both parties in order to try and ensure that the extension of a lease is completed swiftly and efficiently. They will present terms to both the tenant and landlord, as well as drafting and amending documentation.

Choosing a legal expert to handle the extension of a lease is an important decision. You may wish to consider a range of factors including the size, cost, reputation and location of a firm when making a decision.

Answer a few short questions now and start comparing legal service providers based on the criteria most important to you.

The extension of a lease is a relatively straightforward process. Legal service providers may charge you on a fixed fee or hourly rate basis, depending on the complexity of your matter and whether there is a need for mediation.