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Premium Leases in the UK

Premium Leases must be done in precisely the right way.

Premium Lease is a brilliant concept invented by an ex-HM Revenue and Customs (HMRC) Inspector in the early 1970s. It is a residential lease with a one-off upfront payment instead of a monthly rent. Premium leases are usually for one year +, but can be extended if necessary.

Opting to do a "Premium Lease" dramatically reduces the overall cost of leasing UK homes for relocating employees because the Premium Lease is much more tax effective than a tenancy agreement or company let, even after the payment of any Stamp Duty Land Tax.

Saunders 1865 has produced a popular educational paper Premium Leases Made Simple that covers the basics; also a podcast that covers more advanced aspects.

Click here to access our Premium Leases Made Simple report
Click here to access our Advanced Podcast on Premium Leases

All our educational publications on global relocation issues are free to corporate HR professionals.

The key ingredient is the payment of a premium up front for the lease period, instead of monthly rent.

A typical tax cost saving for a home leased for £8,000/month generally exceeds £100,000 over 2 years.

It is imperative that Premium Leases are managed and implemented professionally. The costs of getting a Premium Lease wrong can be very heavy indeed, as a number of Corporate Employers have discovered to their cost! HM Customs and Revenue insist on Leases being drawn up correctly – if not they will be rejected and the tax saving element will be lost costing the corporation thousands! Now, for the first time, there is a way you can be certain your Premium Leases are executed in accordance with Best Practice, whilst at the same time reducing the burden they put on your over-stretched human resources staff.

The One-Stop Shop for Premium Leases:

You can now outsource the whole process of arranging a Premium Lease to one experienced team that will manage all of the aspects, including home search, negotiation, legal and taxation issues. Saunders 1865 have been at the cutting edge of Premium Leases since their invention in the Seventies.

Premium Lease Triangle

Our Total Premium Lease Management Program includes all these elements at affordable cost:

  • A tailor-made Premium Lease for each case
  • Expert Representation
  • Legal Services by Specialist Premium Lease Lawyer
  • Sign-off by major leading, global taxation firm

One Point of ContactOne Great Package!

For more information email us by clicking here.


CONTACT SAUNDERS 1865 PREMIUM LEASE TEAM:

UK Freephone:0800 018 1865
Toll Free in USA/Canada:1 877 295 8905
USA Office:1 239 530 1865
London HQ: +44 (0) 20 7590 2700
EMAILinfo@saunders1865.com