To be able to claim a lease extension under the 1993 Act, you must own a “long lease”, and have owned it for the past two years and not be a business or commercial tenant.

In the case of a Buy-To-Let owner holding the property in a business name, as long as the lease is a residential lease, the owner will still be eligible for a lease extension.

You do not need to have lived in the property for this period, merely owned the lease for two years or more.