In this series of articles, we summarise the lease extension process and link you through to our full explanations for each stage of this complex process.
- Decide between a statutory versus non-statutory lease extension
- Work out if you are eligible for a statutory lease extension
- Appoint a valuer and obtain a valuation
- Instruct a solicitor to send offer notice
- Landlord inspects property and obtains valuation
- Landlord sends counter notice
- Surveyors commence premium negotiations
- If no agreement is reached, apply to the tribunal
- If a new lease has not been entered into, apply to the county court
- New lease begins after the completion process
