Lease Renewals

Lease Renewals - Office - Industrial - Retail. The Landlord & Tenant Acts set out the guidelines for safe progress and includes timetables which must be met otherwise your statutory rights can be lost.

The procedures changed on 1st June 2004 so even if you have been through a lease renewal before, we can tell you what the changes are.

On receipt of a Section 25 Notice or a Section 26 Notice act immediately and contact our Lease Renewal surveyors.

The better course of action is to approach us 12 to 18 months before the Lease Expiry Date, in order to map out your preferred route through the Lease Renewal minefield.

Issues to consider include:

• Do you wish to renew the tenancy or not?
• When should Statutory Notices be served?
• How will you protect your statutory rights?
• What should be the new rental level?
• When can lease terms be changed?
• Are Dilapidations an issue?

We will know the answers to these and more.