3 ms·
> But they have no obligation to actually renew if the leaseholder doesn’t make them. I don't understand your point. My understanding is that if there is more
by easytiger 6y ago
> But they have no obligation to actually renew if the leaseholder doesn’t make them.
I don't understand your point. My understanding is that if there is more than 21 years left on the lease the landlord has zero recourse to not give you a renewal of, I think,50 years, and if you apply for it and they fail to respond it renews automatically.
Most people facing this will engage long before 21 years as well
- avianlyric 6y agoYour original comment suggested that renewal was in some way automatic. It isn’t, the leaseholder has to request it. We’re not actually disagreeing here, I just found your original comment ambiguous. > give you a renewal of, I think,50 years Based on what my solicitor told me, I think you get a 999 year lease with peppercorn rent. But I could never find source for that.