LTA 1954—terms of the renewal lease
Produced in partnership with Charlotte Coleman of Winckworth Sherwood LLP
LTA 1954—terms of the renewal lease

The following Property guidance note Produced in partnership with Charlotte Coleman of Winckworth Sherwood LLP provides comprehensive and up to date legal information covering:

  • LTA 1954—terms of the renewal lease
  • Court determination
  • Demise
  • Duration and commencement of the new lease
  • Rent payable under the new lease
  • Other terms of the renewal lease
  • Break options
  • Alienation
  • Use
  • Guarantors
  • more

STOP PRESS: A 12-month pilot scheme where unopposed lease renewals issued in the Central London County Court (CLCC) are transferred to the First-tier Tribunal (FTT) commenced on 1 January 2018. The 12-month period came to an end on 31 December 2018. However, it was confirmed in a user group meeting on 23 January 2019 that the pilot scheme is continuing. The positive feedback and letters of support received by the FTT would indicate that the pilot has been a success, with users appreciating the efficiency and approachability of the FTT. Consideration will now be given as to whether the pilot should be expanded to other FTT regions. For more information in respect of the pilot, see Practice Note: LTA 1954 business lease renewal—proceedings—First-tier tribunal unopposed lease renewals pilot.

This Practice Note deals with the determination of the terms of a new business lease by the court, in the event that the parties cannot reach agreement, under sections 32–34 of the Landlord and Tenant Act 1954 (LTA 1954), in respect of the premises comprised in the renewal lease, the commencement and duration of, and the rent payable under, the renewal lease, including in respect of improvements, service charges, rent review and the evidence required in that regard, rent deposits, the determination of the other terms of a new lease by the court