Updated October 2026 · Fraser Bond
Leasehold · Reversionary leases
Reversionary leases
Futurestart date
21 yearsrule
RegistrationLand Registry
Usesextensions
In short: A reversionary lease is a lease granted now that starts at a future date, often when an existing lease ends. In England, a lease can't start more than 21 years after it's granted. They're used in commercial property to secure a tenant's renewal in advance, and in residential leasehold, for example where a landlord grants a new lease to take effect after the current one. Reversionary leases of over seven years must be registered at HM Land Registry, and those taking effect more than three months after grant usually need registration too. Take legal advice.
Frequently asked questions
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Is a reversionary lease the same as an agreement for lease?
No; an agreement is a contract to grant a lease later.
Must it be registered?
Often, depending on length and start date.
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