Selling your leasehold

This section tells you what you need to do if you want to sell your leasehold.

What happens if I want to sell my home?

You may be asked to provide information for prospective purchasers about service charges etc. The Rent and Right to Buy section will be able to provide this information.

You must tell us about the change of ownership. At the time of the sale all outstanding service charge payments must be settled. Solicitors acting for both parties should ensure arrangements are in place for dealing with future payments of bills for works that have already been carried out. They must ensure that the borough solicitor is provided with the appropriate 'Notice of Assignment' of the lease. Without this notice we are entitled to assume that the property has not been sold and will continue to bill you for the service charges.

If you bought you home under the Right to Buy scheme and you are selling within the first three years of ownership, you will have to repay some of the discount you were allowed on the original sale.

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