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A leaseholder is a person who holds a long lease of a flat, or maisonette. You will be the legal owner of the flat, for the full period of the lease.
We still provide services to communal areas and maintain the exterior of the block.
A lease is a legal agreement between you (the leaseholder) and us (the landlord). Every landlord has a responsibility to make sure that the terms and conditions of the lease are met.
Your lease will include a plan of your property. It will detail what was included at the time of the sale (for example, a garden or parking space).
We are responsible for the main structure of the building, common areas and any shared services. These may include:
We will also arrange building insurance. We will contact you before we intend to start any major works.
Your responsibilities will be set out in your lease. They will generally include:
Your lease will also detail what you are not allowed to do, as a leaseholder. Examples include:
Please note that lease agreements will vary from building to building.