just bought your leasehold flat? here’s what you need to know
what you’ll learn here:
what it really means to be a leaseholder
who does what: your freeholder, managing agent, and you
what to look for in your lease
how service charges are supposed to work
understand what leasehold means and how to protect your rights from day one.
buying your flat was a big step - now let’s make sure you feel confident about what comes next.
leasehold ownership can be confusing, especially when you start seeing service charge bills and don’t know what’s fair or how decisions get made.
We’ve got your back. Start learning the basics in simple, jargon-free language
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a flat you own for a set number of years, but not the land it’s built on.
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usually a managing agent appointed by the freeholder - but you can change this dynamic with Right to Manage.
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there are 2!
#1 - become very familiar with your lease, because this can protect you against charges that aren’t included.
#2 - check out your rights and use them to question your managing agent/freeholder when necessary. (see our ‘your rights’ page)