Will my lease extension change my ground rent?

If you extend your lease, it will change your ground rent. It doesn’t really matter now what route you extend your lease by. Previously, with an informal lease extension, you could still have a ground rent contained, but the law has now been updated and all lease extensions are granted at peppercorn, which means zero ground rent, and that’s the same for a statutory lease extension. It is one way of getting out of doubling ground rents, which are a huge problem with people that own leases.