Being a Leaseholder and the Lease
A leaseholder is a person that holds a long lease of a flat or maisonette from us (usually 125 years). This means that they are the legal owner of the flat for the period of the lease.
We still provide common services and maintain the exterior of the block and common areas.
About the lease
This is a legal agreement between you and us. Every leaseholder has a responsibility for making sure that terms and conditions are met.
Your lease includes a plan showing your property. It will show what was included in the sale, such as:
- parking space
We are responsible for the main structure of the building, common areas and any shared services. This may include:
- window frames
- door entry systems
- care taking
- grounds maintenance
- estate lighting
- block lighting
We will also:
- arrange insurance
- consult you before commencing any major work
Your responsibilities will be set out in your lease.
You are responsible for:
- looking after everything inside your home
- insuring the contents of your home
- paying all charges due for services, repairs, improvements, insurance and ground rent
- keeping your home in good repair
- the behaviour of other members of your household and any visitors
- ensuring that no-one causes any form of nuisance or harassment to neighbours or others
- telling us if you sublet your property
- arranging for your gas appliances to be serviced at least once a year
You must not:
- make any structural changes or additions to your home without our written permission.