Concurrent leases in residential flat schemes: management company model, liabilities, tenants’ right of first refusal, and Leasehold Reform (Ground Rent) Act 2022 (England and Wales)

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Practice notes

Concurrent lease

In the setting of residential block arrangements, a concurrent lease is a lease of the reversion granted by a developer, typically to a management company, after it has already granted the separate flat leases to the respective purchasers of those flats. It is, in effect, an intermediate lease that stands between the developer (as freeholder, or as holder of a superior leasehold interest) and the flat tenants. For additional guidance, see Practice Note: Concurrent leases. This type of lease is sometimes also described as an ‘overriding lease’. That usage, however, risks confusion with the lease available to a former tenant or guarantor under section 19 of the Landlord and Tenant (Covenants) Act 1995 (LT(C)A 1995). For that reason, it is preferable to use the term ‘concurrent lease’ in this residential flats context...

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Russell Hewitson

Northumbria University

Russell Hewitson is a solicitor and associate professor of law at Northumbria University. He is Law Society Council member for commercial property and a member of the Law Society’s Conveyancing and Land Law Committee. Russell is the Consultant Editor of Halsbury’s Laws of England Volume 23 - Conveyancing. He is general editor of Precedents for the Conveyancer, Practical Lease Precedents, and Practical Conveyancing Precedents, consultant editor of the Law Society’s Conveyancing Handbook and has written a number of other books including Conveyancing Searches and Enquiries, Licensing Law Handbook, Residential Conveyancing Practice and Business Tenancies. He is also the Practice and Precedents Editor of The Conveyancer and Property Lawyer. ...

Web page updated on 21/05/2026

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