What happens when my landlords leasehold runs out?

G_M

If the property reverts to the freeholder, that freeholder becomes yur landlord. Your tenancy agreement is otherwise unaffected.


Provided they serve you the proper notice of the assignment to the new owner, and the new owner gives ou instruction on rent, you simply strt paying rent as directed.


Of course, the new owner, now your landlord, may evict you by following the correct procedure (which will depend on your tenancy type). They may or may not.


You say 20 years.Is that an estimate or an exact period? Wht exact date did your tenancy start? If 20 year I assume you have a standard AST (unless itis an 'agricultural tenancy' or the like).


Do you have a fixed term tenancy, or has that lapsed (if ever)?
If fixed term, is there a Break Clause?

angelin

I dont really understand the land registry its cost me £9 and im no further on Im sure it just used to be a case of typing the address and it told you the basics. From what the documents the flat was sold in 1936 for 96 years. Two of the shops have been given an extra 10 years from 2017 and the mayor of london owns the land

G_M

Land Registry Title online costs

£3 for the lease Title
£3 for the lease Plan
£3 for the freehold Title
£3 for the freehold Plan

Are those what you bought? Or did you pay a commercial site for the exact same info but just for the freehold Title?

But you also need the lease itself -as leaseholder, I assume you have this. If not, the land Registry may have on file. Or is that what you are looking at when you say
" From what the documents the flat was sold in 1936 for 96 years."?


If so, I don't see what it is you don't understand. Seems pretty clear. The lease runs out in 2032, and Mayor of London (se below) becomes your new landlord as explained above.


"the mayor of london owns the land" Do you mean the freehold or something else?

angelin

I havent got the lease as I dont own the flat.yes thats what I paid £3 apop for pages of documents I can make head no tail of and Ive lost now as they dont make it easy. Im sure it just used to be A small table you could check the dates

bouicca21

I don’t think there was a mayor of London (as in the post currently held by Sadiq Khan) in 1936. Do you mean the Lord Mayor (of the City of London)?

Leases do indicate the original purchaser and date of first purchase but that doesn’t mean that the original purchaser is still the owner of the lease. It may have passed through several other owners since 1936 - indeed it would be surprising if it hadn’t.

And have you looked to see if there is a variation - in other words that the lease has been extended?

angelin

I cant see it on there its talking about a butchers shop and allsorts�� it says the land is owned by the Mayor and Burgesses of the Borough. It feels strange looking at it really as its not mine if that makes sense

G_M

angelin wrote: »

I cant see it on there its talking about a butchers shop and allsorts�� it says the land is owned by the Mayor and Burgesses of the Borough. It feels strange looking at it really as its not mine if that makes sense

What is "it"?


If you don't have the lease, what are you reading? The Title document is unlikely to refer to a butchers shop......


Referring to "it" and 'documents' is not helpful.

bouicca21

Ok back to square one. Mayor and burgesses means the council of whatever borough it was in 1936, which presumably will now be subsumed into a London borough.

angelin

“It” refers to the documents that came up when I paid my £3 the flats are above shops so its talking about a Butchers which I assume was underneath in the 1930’s

dimbo61

Do you know how to contact your Landlord ?
Maybe in 4 years time if there is only 5 years left on the Lease you could sign a New long term tenancy agreement the government and Shelter keep talking about.
3 or even 5 year contract at your current rent !