Text for Report on Title
ROT: Lease Extensions and Negotiating with Landlords
- Change date
- 20/10/2025
- Word count
- 332
- Deployment measure
- 9/10
This draft advice sets out concerns about informally negotiating a lease extension directly with the landlord, as this could result in a lease that fails to meet lender requirements. It explains that extending the lease under the formal statutory process removes the ground rent (reducing it to a peppercorn), ensuring the lease aligns with the Leasehold and Freehold Reform Act 2024 and remains mortgageable with major lenders.
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