What does being a leaseholder mean?
When you buy your flat or maisonette under a long lease, you buy the right to live in your property for a fixed number of years. As your landlord, we (the council) keep the freehold interest and have a legal duty to enforce your obligations in the lease. We also have to maintain and repair the building that your home is in and all shared areas, grounds and services.
Your lease states that you must contribute towards the costs of managing and maintaining your block, estate and grounds, these costs are called service charges.
As a leaseholder you’re responsible for looking after your home by keeping it in good repair and condition internally. You should also maintain any garden area that’s included in your lease. Your boundary plan will show the extent of garden land, if any, included in your lease.
You’re also required to keep to the management rules and terms of your lease. You’ll need our permission before you can make any alterations, additions or improvements to your property or if you wish to sub-let the property.