Letting or selling your leasehold property
Letting your property
As the leaseholder, you are free to let out your property as a landlord, subject to certain conditions:
- Please let us know that you are renting out your property
- Do give us your new address and phone numbers
- Do provide contact details for your tenants, any key holders and your managing agent if you are using one, as we need to be able to contact them if there are any problems with the flat, such as a burst water pipe
- Do make sure that your tenants keep to the terms of the lease, as you are responsible for their actions.
For further guidance on letting your property and your landlord responsibilities, please read the following document: Letting your leasehold property (PDF 197KB).
Selling your leasehold property
Solicitors please note: All correspondence regarding the sale of a leasehold flat, or remortgaging a leasehold flat is handled by Customer Accounts. Call 01442 228315 or email email@example.com.
If you're selling your leasehold property, you (or your solicitor) can request and pay for an information pack (also known as a seller's pack) online. The pack costs £309.60 (£258.00 + VAT) and contains all the details you need to sell your property, including information about the freehold management, ground rent and service charges.
All service charges, including repairs and maintenance are property-based, so when a leasehold property is sold, the purchaser becomes responsible for any charges from date of completion, even if they relate to the sellers period of ownership. It is expected that the sellers and buyers solicitors will agree on how any future invoices are to be settled with potentially having a ‘retention’ held by the sellers solicitors until the final accounts have been raised if applicable.
The Council does not get involved in any negotiations with regards to retentions and apportionments for future bills. It is expected, however, that any invoices that have been raised on the account are paid on completion by the seller.
If there are any outstanding charges on completion of the assignment, then the new Leaseholder will be charged, upon receipt of the Notice of Assignment.
Request a leasehold information pack