Lease term

JohnBravo

Hi All

      I hope you are all doing well.

I have downloaded the LandRegistry register document and something is not right with the Lease time stated by the landlord and what's in the RICS survey - they say 84 years.

Based on register document what I calculated it is 106-107 years not 84.

125 years from 2003.

Where can I double check this? Is it possible there is an error in the LandRegistry?

Please advise

Best regards

eddddy

The lease itself will give you the definitive answer.

You could ask the landlord (or the tenant/leaseholder) to give you a copy of the first page of the lease.

I think it's more likely to be the landlord that has made a mistake, rather than Land Registry.

Did you definitely find the right title? For example, it's not the title for a head lease. 


The RICS surveyor won't have done any checks on the lease length - they are essentially saying "I've been told that the lease length is 84 years (typically by the person who instructed me), so I've assumed that's correct."

JohnBravo

It says:<br>

<br>

"A: Property Register<br>....

1. The Leasehold land shown edged with red on the plan of the<br>above Title filed at the Registry and being XXX, XXX<br>(XXX).<br>

<br>

2. Short particulars of the lease(s) (or under-lease(s))<br>under which the land is held:<br>Date<br>: 15 June 2003<br>Term<br>: 125 years from 15 June 2003<br>Rent<br>: £10 and further rent<br>Parties<br>: (1) The Mayor And Burgesses of The London Borough of<br>XXX"<br>

eddddy

That doesn't look like the lease. That looks more like Title Register extract downloaded from the Land Registry website. (The lease might be 20 to 50 pages long)

But thinking about it, the original lease might have been extended anyway - so the lease might have been changed.


Looking at your previous thread, I see you are renting the flat. You could send your landlord the register extract you've got and ask them to re-check the lease length.

JohnBravo

yes, that's correct this is a title register document from Land Registry. I haven't seen the lease document.

canaldumidi

See my answer here:

https://forums.moneysavingexpert.com/discussion/6306832/buying-the-lease#latest

JohnBravo

ok, after following your instructions I have got a copy of the lease from Land Registry. It says the same: 125 years from 2003 which is 106 years left on the lease so the landlord is mistaken.