Jurisdiction(s):
United Kingdom

Key definition

Renewal definition

What does Renewal mean? Renewal describes, in insurance practice, the continuation of cover for a further period (often 12 months) at the renewal date or policy anniversary, usually by agreeing to pay the renewal premium on the terms set out in the renewal invitation or policy conditions. It is a descriptive contractual concept rather than a term defined uniformly by statute or case law, and usage is broadly consistent across England & Wales, Scotland, Northern Ireland and Ireland. In life assurance, renewal commonly refers to the annual policy anniversary at which renewal premiums fall due and, depending on the policy wording, the policyholder may vary...

Business tenancy renewals: Landlord and Tenant Act 1954 court-determined lease terms (ss 32–35)—premises, term, rent, breaks, reviews, repairs, alienation, service charges and MEES (England and Wales)

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Practice notes

This Practice Note addresses how the court settles the provisions of a renewal lease under sections 32–34 of the Landlord and Tenant Act 1954 (LTA 1954) where the parties fail to agree, covering the identity of the premises, the duration of the term, the rent due, and clauses including improvements, rent review and break rights, guarantors, repairing obligations, reinstatement and alterations, service charges, and rent deposits in dispute by either side.

Court determination

Where a landlord and tenant remain unable to agree the provisions of a renewal lease, either party may apply to the court to determine the terms pursuant to LTA 1954, s 24(1)...

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Charlotte Coleman

Winckworth Sherwood

Charlotte trained at Rosling King LLP and qualified in October 2008. She then worked at Osborne Clarke for four years, before joining the Property Litigation team at Winckworth Sherwood in October 2012. She regularly advises on contentious commercial landlord and tenant issues, including all aspects of estate and asset management, and has significant experience advising on vacant possession strategies, rights of light issues, party wall issues, restrictive covenants, easements, access rights and trespass....

Web page updated on 22/05/2026

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Date [ date ] Parties [ name of Landlord ] [ of OR incorporated in England and Wales (company registration number [ number ]) with its registered office at ] [ address ] (Landlord) [ name of Tenant ] [ of OR incorporated in England and Wales (company registration number [ number ]) with its registered office at ] [ address ] (Tenant) [ [ name of Guarantor ] [ of OR incorporated in England and Wales (company registration number [ number ]) with its registered office at ] [ address ] (Guarantor) ] [ [ name of Mortgagee ] [ of OR incorporated in England and Wales (company registration number [ number ]) with its registered office at ] [ address ] (Mortgagee) ] Definitions Within this Deed, the terms below shall be interpreted as follows: [ Annual Rent • the annual sum reserved under the Lease; ] [ Insurance Rent • the Tenant’s share of the Landlord’s costs of insuring the Property (as set out in the Lease); ] Lease • the lease of the Property dated [ date ], entered into between (1) [ the Landlord OR [ name ...

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