Leasehold properties are governed by lots of different regulations. We’ve listed a brief outline.
- section 18 – defines what is a service charge
- section 19 – talks about the reasonableness of charges (both reasonableness of cost, and reasonable standard of works charged for)
- section 20 – sets out the way we must consult with you on major repairs and improvements and the timescales for invoicing you for works and more
- section 21 – sets out that we must provide you with a regular statement of account and the format that it must be in, it also sets out when a service charge can be withheld and what documents should accompany any demand for payment
- section 22 – sets out your rights to inspect the supporting documents used to calculate your service charge
- sections 71-113 – sets out the details of the right to manage
- sections 114 - 128 – set outs the details of leasehold enfranchisement (i.e. when leaseholders buy the freehold from their landlord)
- sections 129 -136 – sets out the right to renew your lease
- sections 137 -149 – talks about leasehold houses and is not relevant to any of our housing stock
- sections 150 – 155 – updates and improves the rights formally given to you under the Landlord and Tenant Act 1985 (the Landlord and Tenant Act 1985 has been amended to include these improvements)
- sections 167-172 – set out the rules for forfeiture of lease
- section 18 – defines what a service charge is
- section 19 – talks about the reasonableness of charges (both reasonableness of cost, and reasonable standard of works charged for)
- section 20 – sets out the way we must consult with you on major repairs and improvements and the timescales for invoicing you for works and more
- section 21 – sets out that we must provide you with a regular statement of account and the format that it must be in, it also sets out when a service charge can be withheld and what documents should accompany any demand for payment
- section 22 – sets out your rights to inspect the supporting documents used to calculate your service charge
- sections 71-113 – sets out the details of the right to manage
- sections 114 - 128 – set outs the details of leasehold enfranchisement (i.e. when leaseholders buy the freehold from their landlord)
- sections 129 -136 – sets out the right to renew your lease
- sections 137 -149 – talks about leasehold houses and is not relevant to any of our housing stock
- sections 150 – 155 – updates and improves the rights formally given to you under the Landlord and Tenant Act 1985 (the Landlord and Tenant Act 1985 has been amended to include these improvements)
- sections 167-172 – set out the rules for forfeiture of lease