Unexpired Lease Term
The unexpired lease term is the number of years left on the lease of a leasehold property expires.
To find your unexpired lease term, you will need to obtain a copy of your lease or any subsequent extension thereof.
The ‘Term’ section can usually be found at the beginning of the document and will say something like:
Term: 125 years from 10 September 1999.
Calculate your unexpired lease term
To calculate how long the lease has run so far, deduct the date the lease was granted from today’s date. To calculate the unexpired lease term, deduct this from the lease term.
If you cannot find a copy of your lease, contact your conveyancing solicitor. Alternatively, you can download a copy from HM Land Registry for a fee of £4.
Chris Salmon, Director
About the author
Chris Salmon is a co-founder and Director of Quittance Legal Services. Chris has played key roles in the shaping and scaling of a number of legal services brands and is a regular commentator in the legal press.