Example question and answer provided by panel member, Mike Greenwood, Vail Williams – Nov 2012

The key is to engage both your solicitor and surveyor without delay to ascertain whether or not your lease benefits from protection under the Landlord and Tenant Act 1954.  If this is the case you are entitled to a new lease under the 1954 Act and your solicitor will advise on the correct procedures to follow.  Your surveyor can then negotiate the terms of the new lease with the landlord to make sure you get the best available terms reflective of the market conditions.  If your lease is not protected then your surveyor will be able to negotiate with your landlord or find you new suitable premises in good time and negotiate the terms of your new lease.