Article Tag: Statutory lease extension process

Changes to the Statutory Lease Extension Process for Residential Flats

Signing of a lease extension agreement

On the 7th January 2021, the Housing Secretary, Robert Jenrick, announced that under proposed Government reforms, leaseholders (tenants) will be given the right to extend their lease by a maximum term of 990 years at zero ground rent. These proposals come off the back of a Law Commission report in July 2020, which set out… Read more »