When it comes to lease extensions, there are 2 ways in which you can extend your lease. At Right Conveyancing we excel at helping our clients with both:
a) the law gives tenants who have owned a leasehold property for 2 years the right to demand that their landlord extends their lease by 90 years and reduce the rent to nothing. This is called a statutory lease extension.
b) by negotiating with the landlord. There are no rules and no obligations when it comes to this option.
Please ask and we will provide you with some helpful notes.