If your property was originally purchased from the council under the right to buy scheme, it will have been sold on a long-lease basis. Your lease is a contract between you (the leaseholder) and us (East Riding of Yorkshire Council). It is a legal document that gives you the right to possession of your home for a fixed number of years (up to 125). The freeholder (the council) owns the building in which you live and is responsible for the structure of the building and any communal areas. Your lease tells you the terms and conditions that you need to abide by in order to retain ownership of your home, as well as our responsibilities as owner of the building.
In general, the main terms covered by the lease are:
- the responsibilities of the leaseholder/s and the freeholder with regard to repairs and maintenance for the property, the building and any communal areas
- the ground rent and service charge payable, including what proportion of the costs you have to pay, what can be charged for and when you have to pay
- the insurance of the property
- general conditions about the occupancy of the property
- what you must do if you sell your lease
- the grounds on which the freeholder may apply to end your lease.
More information about your rights and responsibilities as a leaseholder is contained in the following pdf document:
East Riding Leaseholders Handbook:Your Guide to Leasehold Home Ownership (pdf 2mb)
Further information is also available on the GOV.UK website.
GOV.UK - Residential Long Leaseholders (external website)