This page is targeted at housing professionals. Our main site is at

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. 

Buying a leasehold property

General points to note when buying a leasehold property. 

The lease

Information contained in a lease and the terms that apply. 

Changing the terms of the lease

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

Extend lease or buy freehold: houses

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

Extend lease or buy freehold: flats

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

Right of first refusal: leaseholders of flats

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

Right to manage

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

Service charges

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

Selling 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. 

Repossession of leasehold property

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

Remaining after the end of lease

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

Back to top