Updated October 2026 · Fraser Bond
Leasehold
Most lease variations take 4 to 12 weeks, depending on how many parties must agree
| Common reasons | Why it matters |
|---|---|
| Defective lease clauses | Lenders may refuse mortgages on defective leases |
| Ground rent changes | Onerous ground rent can make a flat hard to sell |
| Alterations and use | Permission to change layout or use |
| Adding rights | Parking, bike storage or access rights |
Typical process and timescale
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Frequently asked questions
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How long does a deed of variation take?
Usually 4 to 12 weeks for a lease variation, longer if parties disagree or lenders are slow.
Who pays?
Usually the leaseholder pays both sides' reasonable legal costs, unless agreed otherwise.
Can I sell while it's in progress?
Yes, but buyers and lenders may want it completed before exchange.
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