Quiz - how well do you understand your lease?
Understand the key things you should know about your lease. If you are a purchaser, this can help make sure your solicitor has covered all of these points and explained them clearly to you.
The first thing to do is to check your lease to see whether consent is required from the landlord to sublet the property.
If your lease requires you to obtain consent to sublet the property, your landlord may be able to charge a reasonable administration charge.
Any administration charge demanded by the landlord must be accompanied by a summary of leaseholders’ rights and obligations in respect of administration charges, otherwise the charge is not payable.
You can challenge administration charges by making an application to the Tribunal if you think the charges are unreasonable or too high.
This Guide explains briefly the different types of administration charges and gives examples of fee levels held by the Tribunal to be reasonable.
More information you might find useful:
- Service Charges and other issues: Administration charges
- What can I do if I disagree with an administration charge?
- I want to sublet my property. Do I need to ask my freeholder for permission?
- More Frequently Asked Questions on Administration charges
- Resolutions for service charge disputes
Still not found the answer?
Contact LEASE to have your enquiry dealt with by one of our experienced advisers.