Leaseholder charges

Your charges and what they cover

Leaseholder charges are to cover costs related to your home to manage, maintain and insure your home.

There are two main charges;

  • Ground rent
  • Yearly service charge

Ground rent

This is an annual charge and is paid by most leaseholders, except those at Singletree and where we are not the Freeholder and no ground rent is demanded

It is fixed in your lease for use of the land your home is on and we invoice you in April each year. Currently this charge is £10 per year.

Yearly service charge

Your yearly service charge may include;

  • Day-to-day repairs
  • TV aerials
  • Lifts
  • Door entry systems
  • Dry riser fire safety systems
  • Communal grounds maintenance
  • Administration of the services we provide
  • Buildings insurance premium
  • Communal lighting and heating
  • The cost of Estate Officers and other staff who deal with leasehold matters