Leaseholders

What is a leasehold property?

A leasehold property gives you the right to occupy and use a property for the term specified within the lease.

Your rights and responsibilities are set out within the lease document.

How are service charges calculated?

Service charges cover the cost of managing, maintaining and operating the building and communal areas.

The method of calculation will be detailed within your lease.

What do service charges cover?

This varies by development but may include:

    • Building insurance
    • Cleaning and maintenance
    • Repairs
    • Lift servicing
    • Grounds maintenance
    • Facilities management

What is a Section 20 consultation?

A Section 20 consultation is a legal process used when certain major works or long-term contracts are proposed.

Where required, we manage this process in accordance with legislation.

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