Lease Extension Letter Template for England and Wales

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Key Requirements PROMPT example:

Lease Extension Letter

"I need a Lease Extension Letter for my flat at 45 Wellington Road, London, where the lease expires in March 2025, and I want to request a 90-year extension under the statutory procedure with my freeholder, Landmark Properties Ltd."

Document background
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.
Suggested Sections

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

Optional Sections

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

Suggested Schedules

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) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant Industries
Relevant Teams
Relevant Roles
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,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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