Landlord and Tenant Act 1954 (part 5 of 11)

https://www.lawworks.org.uk
Rent reviews and lease renewals (20mins)
• Title page (0.23)
• Introduction (1.22)
• Rent review (3.00)
• Practical advice for tenants (1.24)
• Landlord and Tenant Act 1954 (2.36)
• Renewal of a protected lease (1.38)
• Court applications (1.07)
• Court’s powers when terms disputed (6.01)
• Disagreeing with Court’s terms (1.07)
• Practical advice for lease renewals (1.21)
• Summary (0.12)

Gemma Lodge, a lawyer from DLA Piper UK LLP, goes through some common rent review provisions and gives an overview of how to renew a lease.

• Security of tenure – tenant’s legal right to renew its business lease
• Landlord can resist a renewal
• Grounds for this include overdue rent, a breach, or where the landlord plans to
redevelop or occupy the property
• Tenant may receive compensation in some circumstances
• When is a lease excluded from the Act?
• Tenants can agree to give up their rights
• Agreement is recorded in lease and needs to be properly authorised
• These are ‘contracted-out’, ‘non-protected’, or ‘excluded’ leases
• Should be addressed in negotiations