All new leases with terms of 7 or more years or assigned leases with at least 7 years remaining must be registered with Land Registry and to do that a lease plan is required.
A Lease Plan is an appropriately scaled metric drawing depicting the land or part of a building over which the lessee has exclusive or shared access.
For a Lease Plan to be compliant with the requirements of the Land Registry it must include the following:
Why good quality plans are important:
Some of the situations where a Land Registry compliant Lease plan will be required are:
Should a lease plan be required on one of the transactions that you are handling please feel free to contact us by email for a quote or by phone on 020 7183 2578.