Your lease is a contract between you and the freeholder. To make a change or ‘vary’ the terms of the lease, you need to reach an agreement.
You should ask a solicitor to set down any changes you agree – for example, regarding the repair of the building or for the lease’s insurance provisions – in a deed of variation.
If you and your landlord cannot agree, then, in certain circumstances, you can apply to the relevant tribunal to change the lease.
Generally, whoever benefits from the variation will cover the costs. However, this depends on what you negotiate and agree with the landlord.
More information you might find useful;
- In what circumstances can I apply to the First-tier Tribunal (Property Chamber) to vary my lease?: FAQ
- Is the landlord entitled to charge a fee for varying the lease?: FAQ
- Application form for the variation of a lease or leases: download
- More Frequently Asked Questions on Lease Variations
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