Real Estate and Litigation Solicitors – Naylor Solicitors LLP

Lease Extension Conveyancing

Once you and the landlord have agreed all the terms of acquisition for the new lease, the next stage is the conveyancing process which is also known as ‘completion’.

The completion process can be broken down into the following steps:

Many of these stages are governed by Schedule 2 of The Leasehold Reform (Collective Enfranchisement and Lease Renewal) Regulations 1993. These regulations stipulate the time frames within which many of these processes must take place.

While the regulations do not specify specific sanctions for non-adherence, it has been recognised that they are enforceable through civil remedies such as injunctions and orders for specific performance.