What Is The Criteria For A Tenant To Have A Statutory Right To Renew A Lease Under The Landlord & Tenant Act 1954?

Under security of tenure, the tenant does not have to leave at the end of the period of the original lease and can request a new lease. If the landlord and tenant cannot agree upon the terms of the new lease between themselves, the tenant can ask the court to grant a new lease.

To have a statutory right to lease renewal under the Act, tenants must satisfy certain criteria:

• Existence of a Tenancy
  There needs to be a genuine tenancy related to the premises in question.

• Business Occupation
  The premises must be occupied for the purpose of a business carried on by the tenant.

However, not all tenancies are covered. Some are specifically excluded from the protection of the Act, meaning they do not automatically qualify for renewal rights. This framework aims to balance the interests of both landlords and tenants, ensuring that tenants can maintain continuity in their business operations while allowing landlords to adjust terms in line with current market conditions.

For further information contact our legal professionals at Heald Solicitors on 01908 662277