Being a Leaseholder
We’re responsible for managing and maintaining the building you live in and you pay a share of the costs for this. If you live in a block of flats with communal areas, we provide services and repairs for these and you pay towards the cost. This is called a service charge.
In some cases, services and repairs are the responisbility of a mangement company. They will appoint a managing agent to do this, we pay the managing agent and recover your share of the cost through the service charge you pay.
Paying a service charge
- We write to you in April each year with an estimate of how much the service charge will be that you have to pay
- At the end of the financial year, we compare how much we’ve actually spent to our original estimation
- If we’ve charged too much then you’ll get a credit in your account
- If we’ve not charged enough, we’ll ask you to pay this amount.
Subletting your home
- You’re allowed to sublet your home out to other people
- You must make sure we have your current contact details as you’re still responsible for paying all charges
- You will be responsible for having a gas safety check carried out each year
Extending your lease
- As a leaseholder, you’re allowed to extend the length of your lease
- Click here to read our guidance notes on how to extend your lease
- For further information read our Lease Extension Policy
Repairs to your home
- Routine repairs will usually be carried out without us contacting you
- We must let you know anything which is going to cost you more than £250
For more information about being a leaseholder, read our Rosebery Leaseholders Handbook
The Leasehold Advisory Service is a government funded service which provides free impartial advice to leaseholders. Visit their website at www.lease-advice.org