Proprietary Tribunal Analysis

Lease Extension Cost by Years Remaining

Analysis of 595 First-tier Tribunal decisions shows lease extension premiums increase progressively as lease length falls, with the sharpest changes occurring once the 80-year threshold is crossed.

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Cases Analysed
595
Database Size
6,000+ decisions
Coverage
England & Wales
Period
2005–2025
Key Threshold
80 Years

About This Analysis

Dataset
LeaseIntel Tribunal Database
Dataset Version
2026.06
Database Size
6,000+ leasehold tribunal decisions spanning 20+ years of First-tier Tribunal (Property Chamber) rulings across England & Wales.
Tribunal Decisions Analysed
595 (subset used in this analysis)
Dataset Size
6,000+ decisions in scope
Coverage
England & Wales
Years Covered
2005–2025
Source
First-tier Tribunal (Property Chamber)
Last Updated
June 2026
Confidence
High Confidence
Methodology
LeaseIntel extracts, standardises and analyses tribunal decisions to identify lease extension valuation trends and outcomes. Read the full methodology.
Key insight

The relationship between lease length and premium is not linear. Costs often increase gradually above 80 years, then accelerate sharply once marriage value becomes payable.

Learn more: What Is Marriage Value?

Premium Distribution by Years Remaining

Tribunal decisions containing complete lease-length data have been grouped into unexpired-term bands. The distribution below shows where LeaseIntel currently has the strongest evidence base and highlights areas where sample sizes remain limited.

Sample Size by Lease Length Band

Confidence in each band reflects the number of underlying tribunal cases. Bands with fewer than 20 cases should be interpreted cautiously.

  • Under 60 years64 casesHigh Confidence
  • 60–65 years88 casesHigh Confidence
  • 65–70 years112 casesHigh Confidence
  • 70–75 years134 casesHigh Confidence
  • 75–80 years121 casesHigh Confidence
  • 80–85 years53 casesHigh Confidence
  • 85–90 years7 casesLow Confidence
  • 90–95 years4 casesLow Confidence
  • 95+ years5 casesLow Confidence
Source: LeaseIntel Research — analysis of 6,000+ tribunal decisions
Sample: 595
Period: 2005–2025

How Costs Change Around the 80-Year Threshold

Analysis of tribunal decisions consistently shows a change in valuation dynamics once leases fall below 80 years. At this point marriage value becomes payable, creating an additional component within the premium calculation. For deeper analysis of short-lease outcomes, see our research on premiums below 80 years.

Above 80 years
Marriage value not payable

Premium includes:

  • Loss of ground rent
  • Reversion value

No marriage value is included in the statutory premium.

80-year statutory threshold
Below 80 years
Marriage value payable

Premium includes:

  • Loss of ground rent
  • Reversion value
  • Marriage value

Marriage value is added to the statutory premium.

Tribunal evidence consistently shows that lease extension premiums change once the unexpired term falls below 80 years because marriage value becomes part of the statutory valuation.

Source: LeaseIntel Research — analysis of 6,000+ tribunal decisions
Sample: 595
Period: 2005–2025

Why Lease Length Matters

  • Diminishing lease value. As the unexpired term falls, the value of the leasehold interest reduces — increasing the premium required to extend it.
  • Marriage value. Below 80 years, marriage value becomes payable and is added to the premium. It can be a significant component.
  • Tribunal evidence. Tribunals weigh comparable decisions and surveyor evidence heavily. Outcomes reflect what panels accepted on the evidence, not formula estimates.
  • Comparable but different. Two flats with similar values can produce very different premiums depending on lease term, ground rent and the specific comparables relied on.

What Tribunal Decisions Reveal

LeaseIntel analyses First-tier Tribunal decisions to understand how premiums vary across comparable cases. Each decision is structured into variables — unfettered value, unexpired term, ground rent, deferment and region — so quotes can be benchmarked against the closest outcomes rather than a single formula estimate.

This positions LeaseIntel as a tribunal-data platform rather than a valuation calculator. The aim is to show how comparable disputes have actually been resolved, not to predict a single number.

For the rule that drives much of the change in premium as the term shortens, see our guide to the 80 year lease rule, and for dedicated analysis of short-lease outcomes our research on premiums below 80 years.

Compare Your Quote Against Comparable Tribunal Cases

Tribunal outcomes are driven by lease length, property value, ground rent and the comparable evidence accepted by the tribunal. Benchmark your quote against similar cases from the LeaseIntel database.

Benchmark My Quote Against Tribunal Cases

Frequently asked questions

Methodology

LeaseIntel analyses published First-tier Tribunal (Property Chamber) decisions on lease extension premiums. Each decision is parsed into a structured record covering unexpired term at the valuation date, property value, ground rent profile, deferment and capitalisation rates, marriage value treatment and the final premium determined.

  • Analyses only include decisions containing the specific lease-term and valuation data required for that study.
  • Cases are grouped by unexpired term at the valuation date (not the date of the decision).
  • Sample sizes vary between analyses because not every decision records every variable.
  • Small sample groups are flagged with a confidence indicator and interpreted cautiously.
  • Where decisions span multiple flats or hearings, each lease is treated as a separate observation.

Read the full LeaseIntel methodology for dataset construction, variable definitions and validation checks.

This analysis groups 595 First-tier Tribunal lease extension decisions by unexpired term at the valuation date. Bands with fewer observations are flagged with a confidence indicator and should be interpreted cautiously.

Limitations & Caveats

  • Tribunal decisions represent disputed cases rather than the entire market.
  • Not all decisions contain every data field.
  • Sample sizes vary by analysis.
  • Small sample groups should be interpreted cautiously.

See How Your Quote Compares

Generic calculators provide estimates. LeaseIntel benchmarks lease extension quotes against real tribunal outcomes and comparable cases.

Benchmark My Quote Against Tribunal Cases

LeaseIntel provides information and benchmarking based on tribunal decisions. It does not provide legal advice or valuation advice.

Last updated: June 2026

How to Cite This Research

Publisher
LeaseIntel Research · Geoff Money Ltd
Report title
Cost by Years Remaining
Published
15 January 2026
Last updated
April 2026
URL
https://leaseintel.co.uk/lease-extension-cost-by-years-remaining
LeaseIntel Research (2026). Cost by Years Remaining. Geoff Money Ltd. Updated April 2026. Retrieved from https://leaseintel.co.uk/lease-extension-cost-by-years-remaining
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Prepared by
LeaseIntel Research
Research division of Geoff Money Ltd

Independent analysis of UK First-tier Tribunal (Property Chamber) lease extension decisions, using a proprietary research methodology and a structured dataset of published tribunal rulings.

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Journalists, researchers and industry professionals can contact LeaseIntel Research for commentary, custom data cuts or collaboration on tribunal-driven analysis.

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Informational use only

LeaseIntel provides research and general information based on published tribunal decisions. It does not provide legal, valuation or financial advice. Tribunal decisions depend on their individual facts, and past decisions do not predict the outcome or valuation of another case.