What Is a Lease Option Agreement Contract?

In this Property Education video, Simon Zutshi, author of Property Magic, founder of the property investors network (pin), a successful property investor since 1995, talks in detail about Lease Option Contracts and Lease Option Agreements in the UK.

If you want to know How to Be a Successful Property Investor in 2023, Simon highlights how powerful Lease Options can be as a key Property Investing tool. Whilst many property investors have heard of Lease Option Deals, they don’t really understand how they can use Lease Options to expand their Property Portfolio. If you’d like to learn more about How You Can Do Lease Options in the UK Right, register your place on Simon’s free Options Training session by clicking on the link at the top of this page.

Simon strongly recommends to never to use a ‘Copy and Paste Style Agreement’ for your Lease Option Contracts. It is important to have Specialist Solicitors in place who know how Lease Option Property works so that they can also assist you with your Heads of Terms.

He also stresses the importance of both you and the seller having Independent Legal Advice in place before you begin Structuring Your Lease Option Deal. With the right Lease Option Legal Advice, you are able to protect yourself alongside everyone else involved in the transaction.

Your Lease Option Solicitor should be able to put together 3 essential documentations to successfully carry out your Lease Option Agreement in the UK, this includes a Management Agreement alongside a Power of Attorney for Property, and the Purchase Option.

Simon summarizes how 2023 will become an incredible time to consider a Lease Option as one of your main Property Investing Strategies. With more sellers now needing solutions, Lease Options could be the perfect creative solution for them.

Join the UK’s Leading Property Investment Community

Want to stay ahead in the world of property investing? Get expert insights, tips, and updates delivered straight to your inbox. Be part of a thriving network of investors and take action towards your goals today!




Why Not Taking Action Is Stealing Your Money
Why Not Taking Action Is Stealing Your Money

Are you overthinking instead of doing? You’re not alone. Many aspiring property investors struggle with procrastination, getting stuck in the loop of planning and analysis without taking real steps forward. In this episode of the Property Magic Podcast, Simon Zutshi...

Is There Going to Be a Property Price Crash in 2025?
Is There Going to Be a Property Price Crash in 2025?

As someone who has been investing in property for over 30 years, I often get asked whether a crash is coming in the UK housing market. You might have seen headlines earlier this year reporting a 0.5% drop in property prices in March 2025, according to Halifax. While...

5 Steps to Secure Your Next Property Deal
5 Steps to Secure Your Next Property Deal

Far too many people overcomplicate property investing. They get bogged down in endless research, hesitations, and assumptions, and as a result, they miss out on great opportunities. The truth is, property investing doesn’t have to be complex. In fact, it can be boiled...

Build Wealth with 6 Properties: The Strategy That Pays You for Life
Build Wealth with 6 Properties: The Strategy That Pays You for Life

What if you could earn more from property than you ever could from your job—and keep getting paid, even after the work is done? That’s the concept I want to share with you today: Work once, get paid forever. It’s not a theory. It’s how I built my own property...

Repossessed Properties Are Not the Bargain You Think They Are
Repossessed Properties Are Not the Bargain You Think They Are

When you’re just starting out in property investing, the idea of picking up a repossessed property at a bargain price sounds like a smart move. After all, these are homes where the owner has fallen behind on mortgage payments and the lender is now looking to recover...

Does Property Investing Really Make You Financially Free?
Does Property Investing Really Make You Financially Free?

It's what I call the freedom illusion. Having invested in property for over 30 years, and spent the last 22 years helping people just like you become more successful property investors, I can tell you this: yes, for some people, property absolutely does set them free....

Ethical Property Investing – Are We Helping or Hurting Sellers?
Ethical Property Investing – Are We Helping or Hurting Sellers?

When I first started buying properties at a discount, I felt good about helping people. But I’ll be honest — part of me wondered what others might think. Why would anyone sell their home for less than it’s worth? It didn’t make sense at first. That’s a common...

Should You Buy Property in a Limited Company in 2025?
Should You Buy Property in a Limited Company in 2025?

One of the most common questions property investors ask in 2025 is whether it’s better to buy investment properties in their own name or through a limited company. It’s an important question, and the answer isn’t always straightforward—it depends on your personal...

How Your Network Can Make or Break Your Property Investing
How Your Network Can Make or Break Your Property Investing

I want to share with you how networking has been a key factor in helping me generate tens of millions of pounds in property investments, and more importantly, how you can do the same. Property is fundamentally a people business, and the relationships you build along...