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ARTICLE · 12 NOVEMBER 2026

The Lease By Reference: An Outdated Renewal Tool?

Russell-Cooke LLP
Russell-Cooke LLP
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Picture the scene: a landlord-client reaches out to his solicitor and explains that renewal terms have been agreed with an existing tenant. The lease has been in place for almost 15 successful years, and in the coming months it will expire.

United KingdomReal Estate and Construction

Picture the scene: a landlord-client reaches out to his solicitor and explains that renewal terms have been agreed with an existing tenant. The lease has been in place for almost 15 successful years, and in the coming months it will expire.

In this briefing, senior associate Christopher Edwards considers whether the lease by reference still has a place in modern lease renewals and argues that advances in legal technology have made more practical alternatives readily available.

With input from the client, the landlord’s solicitor has three options:

  1. utilise the existing form of lease and update it to reflect modernisation and the agreed terms (the ‘updating option’)

  2. use a modern form of lease instead of the existing lease (the ‘modern lease option’)

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