Almost all flats in England and Wales are leasehold, as are many houses. As a Leaseholder you have purchased the right to live in your home for a fixed number of years.
The term, initially up to 125 years, starts to decrease every year until it expires and the ownership of the property returns to us, unless you apply to extend the lease.
The lease is the legal agreement or contract between the leaseholder/lessee (you) and the freeholder (Circle Anglia).
The lease sets out the rights and responsibilities of both parties, including the terms of the lease, the rental amount, and service charges. A copy of the lease should have been given to you by your solicitor when you purchased your property. Your solicitor should also have explained the main provisions of the lease to you.
Rights and Responsibilities:
The following information aims to summarise your rights and obligations as well as ours. It is not intended as an exhaustive list and where there is any discrepancy, it is the lease which is the superior document.
The Lease:
Your lease lays down the framework for the use and ownership of your home and details your obligations and rights as a lessee. It also details the services you can expect to receive as well as the restrictions placed upon your use of the property.
Please take time to read your lease to ensure that you are aware of its full content.
Your responsibilities:
By signing the lease, you have agreed to do the following:
Our responsibilities:
Read full details of our Customer Service Standards for Leaseholders.
If you would like more information on your rights and responsibilities, service charges or our responsibilities to you, please contact your Portfolio Manager.