Page summary: How to extend the term of a lease and register the transaction (practice guide 28)
Agreements for the extension of leases are common. However, a lease cannot simply be extended by deed. A new lease needs to be granted.
Aimed at conveyancers, this guide explains how:
- these transactions may be best effected
- to lodge the necessary applications for registration
Change made: Section 2.5 has been updated to confirm that where the borrower is a company, we will add a note to the register entry if evidence of registration at Companies House is not provided with the application. This brings our practice in line with company charges generally.
