The following Property guidance note provides comprehensive and up to date legal information covering:
A ‘building lease’ is a lease granted in consideration for the tenant erecting a building or carrying out works to existing buildings. When a building lease falls within the scope of the Landlord and Tenant Act 1927, s 19(1)(b) (LTA 1927), in certain circumstances, the LTA 1927 may intervene to override the express alienation provisions in the lease.
LTA 1927, s 19(1)(b) applies to leases granted:
for more than 40 years
in consideration wholly or partially for the erection, or the substantial improvement, addition or alteration of buildings
where the landlord is not a government department, a local or public authority or a statutory or public utility company, and
the lease is not of an agricultural holding, a farm business tenancy or a mining lease
**Trials are provided to all LexisPSL and LexisLibrary content, excluding Practice Compliance, Practice Management and Risk and Compliance, subscription packages are tailored to your specific needs. To discuss trialling these LexisPSL services please email customer service via our online form. Free trials are only available to individuals based in the UK. We may terminate this trial at any time or decide not to give a trial, for any reason. Trial includes one question to LexisAsk during the length of the trial.
To view the latest version of this document and thousands of others like it, sign-in to LexisPSL or register for a free trial.
Existing user? Sign-in
Take a free trial
0330 161 1234
To view our latest legal guidance content,sign-in to Lexis®PSL or register for a free trial.