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These housing pages provide information on
council leases and being a council leaseholder.
As a leaseholder, you have bought the right to
live in your property for a fixed number of years - initially up to
125 - called the 'term'. Although the term is fixed at the start,
it decreases every year until it expires and the ownership of the
property returns to us, unless you apply to extend the lease.
As a leaseholder, you will normally own and be
responsible for everything within the four walls of your property,
with the exception of pipes and drains that also serve other
properties. As your landlord (or 'freeholder' or 'lessor'), we
remain the owner of the overall building and the land it stands on
and remain responsible for the maintenance and repair of the
structure and exterior of the building.
There are two ways you can become the leaseholder of a flat
where the council is the freeholder:
1. through the right to buy. This gives most existing council
tenants the right to buy the property they live in at a discounted
price which is based on how long you have been a tenant in the
public sector (local authority, housing associations etc); or
2. by buying the lease from the current leaseholder, who may or
may not have originally bought the flat from us.
In both cases, you should get a solicitor or other suitably
qualified person to act for you.
As the lease agreement is legally binding on you, it is
important to understand its requirements and the charges you will
be expected to pay. If you are buying the lease from existing
leaseholders, your solicitor or adviser should make sure they have
paid all the amounts due from them before the sale. If not, you may
have to pay some of the charges they owed.
If you buy the flat from an existing leaseholder, you should
tell us straightaway, as we have a right to know who is responsible
for the property. We will then register your interest in the
property. If you are the new owner, you will have to pay us a fee
to register the transfer of the property to you and to record any
interest that the bank or building society granting you a mortgage
has in your property.
To see the service you can expect to receive from us, please see
our
Service Standard for Leaseholders.
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