Leaseholders
What is Leasehold?
What
is a Lease?
Who is responsible for repairs?
Leaseholders Annual Service Charge
Statement
What are Service Charges?
Sub-letting
Further Information
What is Leasehold?
Leasehold ownership of a flat is simply a long tenancy, the
right to occupation and use of the flat for a long period - the
'term' of the lease. The flat can be bought and sold during
that term. The ownership of that flat usually relates to
everything within the four walls of the flat, including
floorboards and plaster to walls and ceiling, but does not usually
include the external or structural walls. The structure and
common parts of the building and the land it stands on are owned by
the Association (East Dorset Housing Association).
What is a Lease?
A lease is a contract between the leaseholder and the
Association. It is difficult to change the conditions of the
lease after you buy, so a Leaseholder needs to make sure that the
services provided for and the obligations imposed in the lease are
those that they want or can accept. The lease is a legal
document and any changes that need to be made should be made
through a Solicitor.
Who is responsible for repairs?
East Dorset Housing Assocition are responsible
for:
Communal Areas
- communal staircase or corridor
- lifts
- communal gardens and pathways
Structural and Exterior Repairs
- foundations to the building
- external walls
- roof
- window frames
- service pipes and ducts
The leaseholder will contribute a share of thr costs incurred
for this work.
The Leaseholder is responsible for:
- The floor surface including floorboard within the dwelling
- Wall plaster and plasterboards
- Ceiling plaster and plasterboards
- Glass to winfows within the swelling
- Internal non structural walls
- Plumbing and wiring within the dwelling
- Front door and internal doors
- The leaseholder will be responsible for all costs
for individual repair charges raised on their
property.
- For a full list outlining responsibilities please refer to our
Leaseholders Handbook.
Leaseholders Annual Service Charge Statement
Each year an annual Leasehold Service Charges Statement,
accompanied by explanatory notes, are sent to each Leaseholder
between June and September and will cover the period 1st April -
31st March.
The statement will set out:
- Your groud rent for the year.
- An estimated of repairs and maintenance works for the
year.
- Service charge for the year.
- Building insurance for the year.
- Any charges and adjustments from last year.
- Less any credit or debit balance on your account (money you
have overpaid/underpaid).
The statement will show:
- All the charges that were due in the last financial year (up to
31st March).
- A list of the repair and improvement jobs for which you are
being charged.
- The payement you hav made since the beginning of the last
financial year.
- The current balance on your account.
What are Service Charges?
Service charges are payments by the leaseholder to the
Association for all the services the Association provides.
These will include:
Property
- Communal Electricity
- Communal Cleaning
- Communal Door Entry Systems
- Communal TV Aerials
- Building Insurance
Estate
- Grounds Maintenance
- Estate Management
- Wheelie Bins
- Street Lighting
- Administration
Ground Rent
An annual charge, normally £10 a year. This is payable in
addition to any service charges and the amount demanded raised at
the same time as the service charge.
Service charges can vary from year to year and all costs must be
met by the leaseholders. Service Charges are requested six
monthly in April (covering the period April - September) and in
October (covering the period October - March).
Sub-letting
A Leaseholder may sub-let their home. The Leaseholder is
responsible for the conduct of their tenants(s) and will be
invoiced and held responsible for all Service Charges and
other costs involved in enforcing the conditions of the lease.
The Leaseholder is a contract between East Dorset Housing
Association and the Leaseholder.
Further Information
The Leasehold Advisory Service (www.lease-advice.org)
provides free advice on the law affecting residential long
leasehold property and Commonhold.