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Lease Renewal - VWV Law Firm

Lease Renewal

Lease Renewal Solicitors

There is a lot for both landlords and tenants to consider before the lease expires. Advice should be sought an early stage so that all of the options can be considered fully, and the appropriate notices can be served in good time.

We regularly assist landlords and tenants in both contested and uncontested commercial lease renewals.

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Rights to a New Lease

Where the Landlord and Tenant Act 1954 (the Act) applies, a tenant will have a right to remain in the premises on the expiry of its lease. In addition, the Act gives rights to tenants to apply for a new lease.

A landlord can only oppose a new lease if it can prove one or more of the limited grounds in the Act. If a landlord is opposed to the grant of a new lease, it must have sufficient evidence to establish its ground. This should be considered carefully before any notice is served.


What Happens at the End of the Lease?

A landlord can seek to end a commercial lease by serving a notice under Section 25 of the Act, either offering the tenant a new lease, or stating reasons why a new lease will not be granted. A tenant can begin the renewal process by serving a notice under Section 26 of the Act.

Following service of a lease renewal notice, the parties will negotiate terms for a new lease. Tenants need to make an application to court for a new lease before the expiry date of the notice, or agree a written extension of time with the landlord. The deadlines must be closely monitored, as if the tenant does not take these steps, it will lose its right to a new lease.

If the terms of the new lease cannot be agreed, the landlord or tenant can apply to the court to ask the court to decide the terms of the new lease.


How Can We Help?

Our lease renewal experts can:

  • Advise landlords and tenants on the application of the Act and the options as the end of the lease approaches
  • Serve the relevant notices under the Act
  • Monitor the deadlines and agree any necessary extensions and/ or make an application to court
  • Progress the lease renewal and the court proceedings (if a new lease is not agreed within the relevant time scales)
  • Advise on dilapidations at the end of the lease

If you are a landlord or a tenant and would like legal support with a lease renewal, please contact Michelle Bendall in our Property Litigation team, on 0117 314 5326, or complete the form below. 

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The team's real strength lies in the fact that everyone takes a very commercial approach towards litigation, realising that sometimes a good settlement may be worth more to a client than a judgment from a court.

  • Legal 500 | Property Litigation Team

Meet the Team

Our property litigation solicitors can assist you with the full range of property disputes and are based across our offices in London, Watford, Bristol and Birmingham.

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Michelle Bendall - Partner & Property Litigation Solicitor - VWV Law Firm
Partner

Property Litigation

Landlord & Tenant Matters

Public Sector

 

Laura Seaman - Partner & Property Litigation Solicitor in Watford - VWV Law Firm
Partner
Katie Hickman - Property Litigation & CPO Solicitor in London - VWV Law Firm
Partner