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.
On 21st September, the government published its estimate of the number of leasehold dwellings in England in 2015-16.
The publication follows an earlier release, in April 2017, using 2014-15 data and a new methodology. The differences between the old and new methodologies are summarised in the 2014-15 release. DCLG have developed the methodology further, and for the first time this latest statistical release also includes an estimate of the number of leasehold dwellings in the social rented sector.
In summary, in 2015-16:
- There were an estimated 4.2 million leasehold dwellings in England.
- Of the 4.2 million dwellings, 2.2 million (53%) were owner occupied and 1.8 million (43%) were privately owned and let in the private rented sector. The remaining 200,000 (5%) were dwellings owned by social landlords and let in the social rented sector.
- There were 1.4 million leasehold houses in 2015-16 and 2.9 million leasehold flats. This represents 32% and 68% of the total number of leasehold dwellings respectively.
The statistics are again published as Experimental Official Statistic. The methodology is subject to evaluation and testing.
The release includes a short questionnaire on how the leasehold estimates are used. It also seeks feedback on the revised methodology and potential methodological improvements at: https://www.surveymonkey.co.uk/r/leasehold