ARMA Advisory Note - Leasehold information sheets
Almost all 'owned' flats in England and Wales are leasehold, as are many houses. Understanding what it means to own a residential long leasehold property can be unclear.
In this series of guides you will find helpful information when considering buying a leasehold property.
- Your Leasehold Home
- Your Guide to Leasehold
- What is a Lease
- Who is Who in a block of leasehold flats
- Who has responsiblity for what
- The Money
- What cost do I have to pay each year
- Reserve & Sinking Fund
- Section 20 information
- Shared ownership
- Carrying out alterations
- Common Misconception
Revised August 2019