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How does a lease extension work?
Before diving into lease extensions, it’s useful to understand the definitions of a lease. A lease is a legally enforceable agreement between a lessor - usually a landlord - and the lessee - the tenant. Leases are different from freehold properties as the interest from a lease is outlined by a specific period of time. This is usually in the form of rental payments or a lump sum payment at the start of a lease.
Everything you need to know about Section 5 notices.
Section 5 notices are designed to make things fairer for tenants of leasehold flats or apartments, should the freehold landlord sell. Understanding what a Section 5 notice is and how it potentially affects you as a leasehold tenant is critical. We're here to help you understand everything you need to know about this matter.
A guide to lease extensions
Whether you're a landlord or tenant, it’s important to know your rights and how the lease on a property could change over the course of a contract. Read more!
Explaining common landlord & property rental terms
A lease extension is a way to extend the years of the lease so that the person leasing the property can stay there for longer. To find out more, read on!