6 fleurets.com Landlord Do you intend to renew or oppose? Excluded Lease Protected Lease Tenant Do you want to renew your lease? Step one is to establish: Is the lease protected by the Landlord & Tenant Act 1954? If yes - proceed to opposite page No Excludes renewal rights granted under the `54 Act. The tenant has no rights of occupation after expiry. No recourse to court if agreement cannot be reached. Landlord can take back possession for any purpose. The tenant has rights to remain in occupation after expiry. Entitled to a new lease based on the terms of the existing. Landlord must satisfy legal grounds to refuse a new lease. Recourse to court if agreement cannot be reached. Should I stay or should I go? Philip Smith Divisional Director Facing a lease expiry can be a daunting prospect with an uncertain outcome. Philip Smith, specialist in Lease Consultancy, guides both landlord and occupier through the process of renewing or refusing a renewal of a commercial lease, under the Landlord & Tenant Act 1954. As this process map demonstrates, the lease renewal process under the `54 Act is complicated. Involvement of courts, solicitors and surveyors may seem daunting but, nevertheless, with the landlord and tenant aiming to secure the future use of the property, it is a pivotal event in a property’s life cycle and it is vital to be on top of the process. As ever, it pays to take early advice; Fleurets’ nationwide team of Lease Consultancy professionals have the expertise to guide you through the process from start to finish. No Yes Landlord Tenant Tenants with excluded leases need to act sooner rather than later. We advise instructing a surveyor to engage with your landlord well ahead of lease expiry if you wish to renew. If a renewal is refused, instruct a surveyor to source alternative premises. Action 18-24 months before lease expiry instruct a surveyor to advise on the market rent and formulate a strategy.