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Leasehold property

This content applies to England & Wales

The position of a person who owns her/his home on a long lease, and the basic principles relating to leases.

For information on service charges see the section Service charges. For information on extending a lease and buying the freehold, see the sections Extend lease or buy freehold: leaseholders of houses and Extend lease or buy freehold: leaseholders of flats.

What is leasehold?

An explanation of leasehold tenure. The basic rights of a long leaseholder. 

Terms of the lease

Information contained in a lease and the terms that apply. 

Changing the terms of a lease

Changing the terms of a lease, known as a 'variation'. 

Buying a leasehold property

General points to note when buying a leasehold property. 

How to extend the lease or buy the freehold of a house

The rights leaseholders of houses have to buy the freehold or extend the lease on the property. 

How to extend the lease or buy the freehold of a flat

The rights leaseholders of flats have to buy the freehold or extend the lease on the property. 

Right of first refusal for leaseholders of flats

Rights of leaseholders of flats to be offered the chance to buy the freehold before it is offered to anyone else. 

Rights of leaseholders to manage blocks of flats

The right of leaseholders in some blocks of flats to form a company to manage, or arrange the management of, the block. 

Service charges for leasehold properties

The costs that can be passed on to long leaseholders as service charges. 

How to sell a leasehold property

Assignment of the lease to the purchaser when a leaseholder sells a leasehold property, including how it affects the original leaseholder's obligations, and restrictions on assignment. 

How a leasehold property can be repossessed

When a freeholder can take action to repossess a property. Relief from forfeiture. 

Leaseholder rights to stay after end of lease

Leaseholders' rights to remain in occupation of a property after the lease has ended. 

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