Are you sure you want to delete your account?
You have indicated you do not agree to our terms of use, do you wish to delete your account?
Login
person
lock_outline
Why not sign up?

You will also be registered for the agent to contact you via other means you provide, with information relevant to your property search.

Register
There was an error creating your account, please try again. If the problem persists, please contact us and we will investigate.
Password does not match
How would you like to be contacted?

Common questions that you maybe asked when selling a leasehold property

Published: 16/05/2020

Being one step ahead of the game and knowing what prospective buyers may potentially ask, will give you the opportunity to gather the necessary information beforehand in order to be able answer their questions promptly and help the transaction to proceed smoothly.

Below are some frequently asked questions which you will need to provide the answers to:

What is the length of the lease?
What are the annual service charges?
What are the details of the building insurance?
What is the annual ground rent?
At what intervals does this increase and by how much?
Have you been advised of any major work planned on the building/development?
Have any major works been carried out in your period of ownership?
Do you own a share of freehold? If so, how many shareholders are there? If not, who owns the freehold?
Who deals with the management of your building?
Has a managing agent been appointed?
Is there a residents’ association?
Is the building insurance per block or per individual property?

Your solicitor will request all the necessary information via various forms that he or she will ask you to complete, but by gathering all the documents connected with the property, such as your lease and copies of the annual service charge accounts, you'll be able to complete these more speedily and more easily.