Welcome to Lease Option Lawyers, your premier legal experts specialising in lease options and providing comprehensive lease option-related services. Our team, led by our managing and founding partner Julie Condliffe, is dedicated to offering client-centred legal solutions to meet all your needs.

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Our Managing Partner

Julie Condliffe

Julie Condliffe is the managing and founding partner of Lease Option Lawyers. A distinguished solicitor with over 20 years of experience, Julie is a four-time bestselling author and a successful property investor.

Her expertise and dedication have earned her numerous awards, and she is known for her client-centred approach, ensuring that each client’s unique needs are met with precision and care. Julie’s extensive knowledge and commitment to excellence make her a trusted leader in the field of lease options.

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Let’s solve Problems

How We Help You With Lease Options…

Lease Option Agreements

Expert legal guidance on creating and reviewing lease option agreements.

Lease Negotiation

Skilled negotiation services to secure the best terms for your lease options.

Dispute Resolution

Professional assistance in resolving any lease option disputes.

LEase Option Lawyers

Why Choose Us?

  • Expertise: With over 20 years of experience, we bring unparalleled knowledge and skill to every case.
  • Client-Centred Approach: We focus on understanding and meeting our clients’ needs.
  • Proven Track Record: Our managing partner, Julie Condliffe, is an award-winning solicitor and a trusted authority in the field.
  • Comprehensive Services: We cover all aspects of lease options, ensuring you have the support you need from start to finish.

Happy CLIENT Testimonials

Don’t Just Take Our Word For It

Lease Option Lawyers provided exceptional service and expertise. Julie’s guidance was invaluable in navigating our lease options.
Lia Campbell
Milton Keynes
The team at Lease Option Lawyers is highly professional and knowledgeable. They made the entire process seamless and stress-free.
Jamie Hudson
Rushden

FAQs

FAQs on Lease Options

A lease option is a legal agreement that allows a tenant to rent a property with the option to purchase it at a later date. This arrangement typically includes a predetermined purchase price and a specified time frame within which the tenant can exercise the option to buy.

In a lease option agreement, the tenant pays an option fee to the landlord for the right to purchase the property in the future. The tenant also pays regular rent, and a portion of this rent may be credited towards the purchase price. The tenant can choose to exercise the option to buy the property at any time within the agreed period.

Lease options provide tenants with the opportunity to secure a property and lock in a purchase price while living in the home. This can be beneficial if property prices are expected to rise. It also gives tenants time to improve their financial situation or obtain a mortgage.

For landlords, lease options can provide a steady rental income with the potential for a future sale. They also attract committed tenants who are interested in eventually owning the property, which can reduce vacancy rates and maintenance issues.

A lease option agreement should include the option fee, rent amount, portion of rent credited towards the purchase price, purchase price, duration of the option period, and any specific terms and conditions related to the property’s purchase.

Typically, the option fee is non-refundable. If the tenant decides not to exercise the option to purchase the property, the landlord usually retains the option fee as compensation for keeping the property off the market during the option period.

If the tenant is unable to secure financing and cannot exercise the option to buy within the agreed period, the lease option agreement typically expires, and the tenant may lose any option fee and rent credits paid towards the purchase price. The tenant may then need to renegotiate the terms or find alternative housing arrangements.

Yes, lease options are legally binding agreements in the UK. Both parties must comply with the terms outlined in the agreement. It is advisable for both tenants and landlords to seek legal advice before entering into a lease option to ensure that the agreement is fair and legally sound.

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Whether you’re looking to draft a lease option agreement, need advice on an existing contract, or are facing a dispute, Lease Option Lawyers is here to help. Contact us today to schedule a consultation.