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Lease Extension Letter for the United Kingdom

Lease Extension Letter Template for England and Wales

A Lease Extension Letter is a formal document used in England and Wales to initiate the process of extending a residential lease under the Leasehold Reform, Housing and Urban Development Act 1993. It serves as the initial communication between a leaseholder and freeholder, expressing the leaseholder's intention to exercise their statutory right to extend their lease. The letter typically includes property details, current lease information, and the formal request for extension.

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Lease Extension Letter

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What is a Lease Extension Letter?

The Lease Extension Letter is a crucial document in the leasehold extension process within England and Wales. It is typically used when a residential lease term is diminishing, and the leaseholder wishes to exercise their statutory right to extend the lease by an additional 90 years at a peppercorn rent. The letter must comply with the requirements of the Leasehold Reform, Housing and Urban Development Act 1993 and should be drafted carefully to ensure it effectively triggers the statutory process. This document is particularly important as it forms the basis for subsequent negotiations and legal proceedings.

What sections should be included in a Lease Extension Letter?

1. Sender's Details: Full name, address and contact information of the leaseholder

2. Recipient's Details: Full name and address of the freeholder/landlord

3. Property Details: Full address and description of the leasehold property

4. Current Lease Details: Current lease length, start date, and remaining term

5. Extension Request: Formal request for lease extension under the Act

6. Statutory References: Reference to relevant sections of the 1993 Act

What sections are optional to include in a Lease Extension Letter?

1. Proposed Premium: Initial offer for the lease extension premium - used when making an informal approach before statutory notice

2. Solicitor Details: Contact details of legal representation - included when legal representation has been appointed

3. Valuation Details: Reference to professional valuation - included when a professional valuation has been completed

What schedules should be included in a Lease Extension Letter?

1. Copy of Current Lease: Copy of existing lease document

2. Title Register: Up-to-date copy of the property's title register

3. Valuation Report: Professional valuation report if obtained

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok成人版 | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Jurisdiction

England and Wales

Document Type

Service Agreement

Cost

Free to use
Relevant legal definitions




















Clauses















Industries

Leasehold Reform, Housing and Urban Development Act 1993: Primary legislation governing statutory lease extensions, setting out qualifying criteria, procedures, and defining rights of leaseholders and freeholders

Landlord and Tenant Act 1985: Defines service charges and maintenance obligations, and sets out consultation requirements for lease agreements

Landlord and Tenant (Covenants) Act 1995: Legislation dealing with the enforcement of covenants in leases

Commonhold and Leasehold Reform Act 2002: Updated legislation modifying various aspects of leasehold law including notice requirements

Law of Property Act 1925: Establishes basic property law principles and requirements for legal documents in England and Wales

Land Registration Act 2002: Covers registration requirements and priority of interests in land registration

Limitation Act 1980: Sets out time limits for claims and actions related to property matters

Housing Act 1988: Legislation relevant for residential properties and tenancy matters

Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks, 聽Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination, 聽Severance Pay, Governing Law, Entire Agreemen

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